Role reversal
Article Abstract:
Chinese politics took a surprising turn when two politicians known as reformists took up the conservatism associated with Premier Li Peng. Vice-Premier Zhu Rongji revived communist ideology by urging that the proletariat be enlisted to construct a socialist market economy. Zhu also urged limits on credit and investment. Politburo standing committee member Li Ruihuan denounced capitalistic practices such as money worship. Li Peng has been out of the public eye for weeks, ostensibly because of sickness but probably in connection with the maneuvering to succeed leader Deng Xiaoping.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Bribery bandwagon: corruption drive becomes part of power struggle
Article Abstract:
The Chinese Communist Party's anti-corruption campaign has developed into a tool in the jockeying to succeed China's 89-year-old leader, Deng Xiaoping. Party Gen Sec Jiang Zemin, though outwardly agreeing that the campaign should not be conducted as a mass-movement, probably hopes that the new policy will improve his political position. Jiang's rival is conservative Premier Li Peng, who for the most part has been out of the public eye since May 1993 due to ill health. Another contender is Zhu Rongji, economic leader and supporter of Deng's reforms.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Sitting on the fence: premier's NPC speech plays down reforms
Article Abstract:
Premier Li Peng criticized Deng Xiaoping's reformist policies in his annual report during the National People's Congress' session. Li refused to support Deng's liberal economic reforms, which include a hundred year plan, a goal of 10% increase in the gross national product and incentives for the agricultural sectors among others. Instead, Li endorsed China's hardline five-year economic plan and promoted socialism in the country and warned against liberalism.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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