PolyU Library
Journal Call no.HC411.A76
Article TitleBalancing act : in China's economic storm, technocrat Zhu advances reform.
Is Part OfAsiaweek ; v.20, no.36, 7 Sep 1994, p.44-46, +3p., illus.
AbstractZhu 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.