The cost of China's soaring tax revenue
Article Abstract:
Tax collectors in China have received $153 billion in revenue. Representing an increase of 22.8% over 1999, Premier Zhu Rongji now has greater freedom to promote consumer spending without increasing China's national debt. In contrast to previous policies to reduce bureaucracy, Premier Zhu has increased civil servant salaries and has protected farmer incomes by offering higher granary prices then the world market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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... as China's schools embrace rivalry
Article Abstract:
China's two most prestigious educational institutions, Peking University and Tsingua University, have taken up a rowing competition akin to the rivalry between Britain's Cambridge and Oxford Universities and the United State's Yale and Harvard Universities. The impetus for supporting a sport considered elitist is to gain the international prestige that the sport connotes.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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