April 9, 1999 |
In a sharp disappointment to both governments, President Clinton and visiting Chinese Premier Zhu Rongji failed to reach an agreement Thursday that would pave the way for China's long-awaited entry into the World Trade Organization, but they pledged to conclude a comprehensive trade package by the end of this year. At a news conference after a morning of talks at the White House, Zhu also said that Beijing will cooperate with U.S.
CALIFORNIA | LOCAL
March 31, 1999 |
It seemed like a terrific idea at the time. Not long after President Clinton's successful state visit to China last summer, Washington and Beijing agreed that Chinese Premier Zhu Rongji would come to America. Following Chinese President Jiang Zemin's state visit to the U.S. in the fall of 1997, Zhu, the architect of China's economic recovery policy, would be the second major leader of the People's Republic of China to visit America in just two years.
September 8, 2001 |
China's premier said that China and Russia have great potential for economic cooperation as he began talks about trade deals, including airliner sales and a proposed oil pipeline. Zhu Rongji was met at St. Petersburg's airport by Deputy Prime Minister Ilya I. Klebanov, who oversees Russia's aviation and military technology sector. The Chinese leader was scheduled to meet with Prime Minister Mikhail M. Kasyanov before traveling to Moscow on Monday for talks with President Vladimir V. Putin.
July 30, 1990 |
China's first full-fledged stock market since the Communist takeover will open in Shanghai in December, it was reported today. The port city will begin operating a national securities exchange in a new building equipped with computer terminals linked to trading counters inside the city and throughout the country, Shanghai's official Liberation Daily newspaper said.
May 1, 1991 |
China has named a 52-year-old former electrical engineer as the mayor of Shanghai, China's biggest city, the New China News Agency reported. Huang Ju, who had been vice mayor and deputy head of the municipal Communist Party, replaces the charismatic Zhu Rongji. Zhu, dubbed "China's Gorbachev" because of his reformist policies, became a vice premier last month. Zhu, who was also the Communist Party chief in Shanghai, was replaced in that post by another engineer, Wu Bangguo.
March 16, 2003 |
China's parliament elected Wen Jiabao as premier today, placing the world's sixth-biggest economy in the hands of a man who will need to tackle problems including a sickly banking system and a growing rich-poor gap. The National People's Congress, a ceremonial parliament that rubber-stamps decisions by the ruling Communists, elected Wen with 2,906 "yes" votes, three "nos" and 16 abstentions. Wen, 60, replaces Zhu Rongji, who helped guide China through capitalist-style reforms.
November 24, 2000 |
China vowed to nurture healthy competition with Southeast Asian neighbors and said its impending admission to the World Trade Organization will reap dividends for the entire region. Southeast Asia is nervous that China, its economy already growing briskly, will become an even fiercer competitor once it joins the WTO, which is likely to happen in the next few months. "There will be definitely competition.