The Long March to Capitalism
Part I / Part II / PART III / Part IV / PART V

Privatization of China



 

The British colony of Hong Kong is returned to China.

Macao will follow.

And Taiwan worries: «Will we be next?»...

 

 

 

 

In Die Weltwoche




Under Jiang Zemin's leadership, the 15th Party Congress reveals its plan to sell most state-owned industries. In a word: privatization!
Tens of millions of workers are to be be laid off with no social protection.

Is this socialism - or capitalism? Maybe be the worst of both worlds for the average Chinese...

In L'Hebdo



Tough luck. Three days before President Jiang Zemin starts his state visit to the United States, the Hong Kong stock market collapses.

 


In Die Weltwoche






Bill Clinton
pays a visit to China.
In Die Weltwoche



 

  

 

 

  

 

After a renewed crackdown on dissidents at home, Jiang takes some rest by touring Europe. 

In Die Weltwoche




In Le Temps

The party orchestrates national celebration of
50 years of communism.



China and the US reach a deal on trade, paving the way for
Beijing's entry into the Wolrd Trade Organization.




 

 

 

 

 

  

 

 

The U.S. Senate passes a bill to remove restraints on trade with China.
Hello WTO!





In
Le Temps

And the winner is...
Human Rights? Beijing gets the 2008 Olympics.


...GO TO: PART III

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