At the beginning of the new century, China's leadership is preparing the ground for a smooth transfer of power from the third generation to the fourth generation leaders. Politicking among different factions has intensified as top leaders who are slated to step down after the 16th National Party Congress in 2002 jockey to put their imprint on the new power configuration.How have President Jiang Zemin and Premier Zhu Rongji dealt with the leadership succession while at the same time keeping an eye on the economy? What kind of power-sharing will be brokered among the different factions? Are the...
At the beginning of the new century, China's leadership is preparing the ground for a smooth transfer of power from the third generation to the fourth...
In the last two decades of the 20th century, China stood out as the world's star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China's economic power and raised its people's standard of living. It has also transformed China from a centrally planned command economy into a “socialist market economy”, which operates increasingly in line with capitalist norms. Major structural...
In the last two decades of the 20th century, China stood out as the world's star performer in economic growth, thanks to the market-oriented reform th...
