No longer the army's business
Article Abstract:
The Chinese armed forces diversified into business activities and then became involved in corruption from the 1970s, The armed forces were ordered to withdraw from business activities in 1998 and this is starting to occur, though not in some activities such as telecoms. Some companies, such as 999, a pharmaceuticals concern, have grown and prospered, and should benefit from the end of links with the military. China's economy should be more efficient as a result of the withdrawal, and some of those who leave the army will have developed entrepreneurial skills.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Army surplus
Article Abstract:
The World Bank is getting the Ugandan government to cut its defense spending and retire soldiers of its ballooning army. It gives the retired soldiers allowances to reenter civilian life. The program seems to be working,but has some problems, such as educating the retired soldiers.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995
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Divvying up the red menace: ex-Soviet army
Article Abstract:
The individual republics of the Commonwealth of Independent States are divided over the future of the ex-Soviet army. Six agreed to a single command over conventional forces. Three republics plan to set up their own armed forces.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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