Journal Call no. | HC411.A76 |
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Article Title | Balancing act : in China's economic storm, technocrat Zhu advances reform. |
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Is Part Of | Asiaweek ; v.20, no.36, 7 Sep 1994, p.44-46, +3p., illus. |
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Abstract | Zhu Rongji's overall strategy has been to rein in speculative investment and budget deficit, which are fueling inflation, but to keep GDP growth at 9%, the rate needed to absorb some 20 million people entering the labour force every year. A sixteen-point austerity plan announced in July 1993 sought to curb unproductive spending. |
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