Southern comfort: Deng is still the toast of Guangdong
Article Abstract:
The people of Guangdong have benefited from Den Xiaoping's unleashing of southern China's economy, and after his death they thronged to official sites to pay their respects. Guangdong has become the richest Chinese province and in Hong Kong businessmen have also benefited from the wave of southern Chinese growth set off by Deng. There were emotional scenes in Guangzhou, the provincial capital and Shenzhen, whilst similar gestures in Beijing's Tiananmen Square led to police action. Shenzehn and Guangzhou have planned conferences to commemorate the fifth anniversary of Deng's southern tour, but there are no such celebrations planned by the Beijing leadership.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Model privatization: Guangdong leads China's state-enterprise sell-off
Article Abstract:
China's southern province of Guangdon is leading the country's state-enterprise sell-offs with its $6 million sale of the failed Guangzhou Special Steel Materials Factory in September 1997. Some 1,000 of the province's 18,000 state-owned enterprises have been sold since 1993, with around 700 firms being partially privatized. Other major divestments include the floating of a 30% stake in the Guangdong Provincial Expressway Development Co. and the listing of three state firms on the Shenzhen Stock Exchange by the city of Shunde.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Local talent: new Guangdong governor treads the middle way
Article Abstract:
Lu Ruihua, who became the governor of Guangdong, China in February 1996, is more interested in the economy than politics. He is the first governor of the province since 1979 who has not been significantly involved in the central government or hailed from another province. Choosing him as governor may allow Beijing to maintain its close scrutiny of Guangdong. The province produces a large portion of Chinese exports and receives about a third of foreign investments.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Comment about this article or add new information about this topic:
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