Li, opening National People's Congress, says government error roused inflation

Article Abstract:

Observers were surprised recently when Chinese Premier Li Peng attributed the country's problems with inflation to government mistakes. Such candor is extremely rare in a government which has consistently shifted blame away from itself in past issues. In his speech before the National People's Congress, Li stated that the government would make a vigorous effort to stop inflation, increase emphasis on agriculture and continue with the reform of state enterprises.

Causes of, Beliefs, opinions and attitudes, Inflation (Finance), Inflation (Economics), Li Peng

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Group of U.S. media executives says piracy by Chinese firms is on the rise

Article Abstract:

International Intellectual Property Alliance representatives claim that violations of intellectual property rights in China are on the rise. Total losses due to Chinese piracy was estimated at $2.3 billion in 1995 compared to the $866 million in 1994. However, they also say that China has taken steps to control piracy such as establishing local-level task forces to monitor distributors and retailers, and confiscating pirated products.

International aspects, Intellectual property

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Overhaul in China means choices for global investors: under the government's alterations, new companies might want to list their shares overseas

Article Abstract:

China's comprehensive plan to rebuild its government would generate a host of new firms and huge opportunities for investment banks and international investors. Under the proposal, new companies may want to list their shares abroad. Fourteen of the country's current ministries would be eliminated or downgraded, while three new ministries would be established under plans recommended by State Councilor Luo Gan.

Administration of General Economic Programs, Foreign Investment Regulations, Management, Foreign investments, Foreign investment laws

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