Going cheap: Peking dumps the people's business flops
Article Abstract:
The municipality of Peking, China, has put up for sale 56 small- and medium-sized state-owned enterprises that are experiencing considerable financial difficulties. It is one of many local governments in China now trying to dispose of old-fashioned manufacturing operations that are facing a heavy debt burden. Many potential purchasers of the enterprises being made available in Peking are only really interested in the land and the buildings, and will not be expected to take on the existing employees.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Peking alarmed as illegal school fees force pupils to quit
Article Abstract:
Chinese schools have been charging fees since the 1980s, when economic reform began to have an impact and state funding was no longer adequate. However, fees have begun to reach excessive levels, with schools even charging parents for services such as heating and desk space. This has prompted the government to launch a nationwide inspection of all schools. There is growing concern about the number of children, especially girls, who are dropping out of schools in poor rural areas.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Peking survives its trial by Greenpeace
Article Abstract:
The recent arrival in Chinese territorial waters of a Greenpeace ship protesting against nuclear testing was handled with unusual calm by Chinese officials, who persuaded the ship to return to international waters. China has announced that it will undertake one more nuclear test before joining a global moratorium on testing in Sep 1996. Greenpeace claims that China is still placing considerable barriers in front of a nuclear test ban.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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