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Guangzhou was the first city to open for business after Deng launched his economic reforms in 1979, and its vibrant populace threw itself headlong into the pursuit of cold cash. Taking advice and investment from Hong Kong, Guangzhou hustled to become China's third biggest consumer market, second most important transport hub, third best attractor of foreign investment. Today Guangzhou's tycoons worry about competition from Hong Kong, and Beijing worries about the example Guangzhou sets for China...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

...beggars in the streets. This is a city that thumbs its nose at the government, holding on to as much of its wealth as it can, ignoring orders it dislikes, following its own drummer. Guangzhou's party chief, Gao Siren, says he wants to steady the city's headlong pace to a more controlled, sustainable drive, but everyone in Guangzhou is too busy making a fast buck to pay attention...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

...comes after Deng will grow inexorably from the complex of roots he planted firmly in the nation's soil. Yet his work is unfinished, and the next China will have to come to terms with the fundamental contradiction in his hybrid creation. Even as the country embarked on a headlong pursuit of free-market economics, Deng insisted it be done under the iron fist of a rigid communist political system. The people would be free to get rich but not to challenge or change their leaders. Economic liberties would have to coexist with political bondage. China would continue...

Author: /time Magazine | Title: DENG XIAOPING SET OFF SEISMIC CHANGES IN HIS COUNTRY. . . | 3/3/1997 | See Source »

...peace makers" on both sides ever stop in their headlong idealistic dash to consider the impossibility of confiscating the Palestinians' weapons, should that need ever have arisen? In the wake of the latest events, this appears to be an increasingly likely and favorable option. Such an effort, however, would be tremendously complicated by the proliferation of weapons which has resulted from the shortsighted Oslo plan. I, for one, find it difficult to picture 40,000 Palestinian policemen meekly handing over their assault rifles for any reason whatsoever. How many lives would be lost in the war that would result from...

Author: NO WRITER ATTRIBUTED | Title: Reality Sets In for "Peace Process" | 10/2/1996 | See Source »

...timing isn't bad either. In summer even serious readers beg to have their disbelief suspended, and The Last Don obliges. It is a headlong entertainment, bubbling over with corruption, betrayals, assassinations, Richter-scale romance and, of course, family values. As in its famous predecessor, unquestioned loyalty, unexamined cash flow and expedient ways of dealing with competition are givens, but this story is set in the '80s--and the slick Clericuzios make the Corleones seem as if they just got off the boat. Gone from the new novel are the entry-level rackets and suspiciously profitable olive-oil business. Instead...

Author: /time Magazine | Title: BOOKS: A NEW FAMILY'S VALUES | 7/29/1996 | See Source »

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