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China / Deng Death / Economy #757183

CNN Evening News for Thursday, Feb 20, 1997
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(London: Hilary Bowker) Mourning in China following the death of leader Deng Xiaoping†† reported; scenes shown from Beijing while Deng’s insistence on making money & trying to get ahead is noted.

(Hong Kong: Mike Chinoy) The challenge for successor Jiang Zemin†† to deal with the potential social & political upheaval brought about by Deng’s goal of amassing wealth examined; details given about changes in China’s economy during Deng’s leadership. [Historian Joseph ESHERICK†- says Deng orchestrated a restructuring of the Chinese economy; comments on the crisis of identity for the Chinese Communist Party in the capitalist economy.] [Chinese Academy of Social Sciences FAN Gang†- comments on the government’s reluctance to privatize state-run factories for fear of putting workers out on the street.]

Bowker, Hilary;
Chinoy, Mike

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