PolyU Library
Journal Call no.HC411.A76
Article TitleThe revolution continues : freeing China's state companies is as daunting as it is essential.
Is Part OfAsiaweek ; v.23, no.39, 3 Oct 1997, p.14, +1p., illus.
AbstractChinese leader Jiang Zemin delivered a two-hour policy speech that ignored dogma except for references to a vague "Deng Xiaoping Theory". Instead, the Communist Party chief called for the most sweeping sell-off of state-owned enterprises in history. Without once mentioning "privatization", he told delegates to 15th Party Congress that China would shed many thousands of such companies and adopt what he artfully termed "diverse forms of ownership". That formally kicks off the next stage of the country's economic revolution, begun nearly two decades ago by Deng.