The economic history of the People's Republic of China

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Political and Economic Situation in China on the 9th Anniversary of June Fourth
By Zhang Kai, October Review, 31 December 1997. It is nine years since June 4th of 1989. Despite the official propaganda about China's high growth rate and political stability, unrest has been on the rise. The 15th National Congress of the Communist Party of China (CPC) decided on speeding up the economic reform, in particular the reform of state-owned enterprises.
Home improvement boom in China
Asia Times, 11 June 1999. Statistics from the Ministry of Construction indicate that the business volume of interior renovation and decoration registered a hectic 50 percent year-on-year rise in 1998. This growth is attributable to the high-speed development of the national economy, and improved living standards of the people.
Supply-side economics Chinese-style
Editorial, Asia Times, 20 August 1999. Deflation in China is severe. Since deflation is highly debilitating in its effects on the economy (high real interest rates, depressed earnings), China's economic leaders are certainly right in having assigned the fight against it the highest priority. What's troubling are the types of measures being instituted to combat it.
China becomes world's fifth largest oil producer
Asia Times, 11 September 1999. Petroleum and gas use now account for over 20 percent of China's energy consumption, compared to merely 0.07 percent in 1949. China's oil sector started from scratch when the country's first large-sized oilfield was discovered in Karamay, in northwest China's Xinjiang Uygur Autonomous Region, in 1956.
China seeks urbanisation as a way to boost growth
By Mary Kwang, The Straits Times, 29 September 2000. As consumption demand increases and tertiary services grow creating jobs for rural labour, it is expected nation's competitiveness will improve. China, which suffered a dramatic fall in the latest global competitiveness rankings, sees further urbanisation as a major strategy to modernise and strengthen the economy.
As Others Debate and Hesitate, China Embraces GM Crops
By Antoaneta Bezlova, IPS, 15 November 2000. Guangming Daily extolled the miraculous new crops as a viable shortcut to stable food supplies and national prosperity for a country that struggles to feed a fifth of the world's population on one-seventh of the world&s arable land. This proclamation demonstrates China's positive outlook on controversial genetic crops.
Chinese Economy to Reach US$10 Trillion in 15 Years: Economist
China News Digest, 8 February 2001. An economist of the Morgan Stanley Dean Witter, predicted that the Chinese economy could cross the US$10 trillion mark within 15 years, as a result of current restructuring programs and the implementation of institutions that support the market economy. We believe that China's restructuring is real and is greatly facilitated by the application of information technology.