FOCUS: Socialism--with Chinese Characteristics
China's Race with Globalization
Successful SOE reform and a solid financial system are the keys to smoothing China's integration into the global economy.
Richard Newfarmer and Dana M. Liu
M&A in China Comes of Age
New strategies are becoming available for foreign investors seeking a piece of PRC industry.
Cole R. Capener
Accounting Adjustments
Beijing prepares China's accounting system for a more market-driven economy.
Martin Foley
Special Report: Oil & Gas Update
Fuel for the Next Century
Foreign investors wait, watch, and plan as China's oil and gas sector reorganizes.
David Blumental and Gray Sasser
Natural Gas Gains Momentum
Raising the profile of natural gas in China will require structural changes to the energy sector.
Jeffrey Logan and William Chandler
Features
A New Triumvirate
A look at the leadership line-up ratified at the March National People's Congress.
David Bachman
SAFE and Sound
Witnessing the Asian financial crisis, Beijing clamps down on firms' foreign borrowing.
T.K. Chang
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Cover Design by
Greg Berger
Departments
Trends & Issues
Hong Kong elections; China's antidumping classification; Hong Kong's offshore trade; and surveying executives
Letter from the President
Again the Crossroads
Council Activities
The Council celebrates 25 years, discusses the US-China relationship, and elects the board of directors
China Business
Classified Ads
Last Page
Sizing up Hong Kong's first year under PRC rule.
Pam Baldinger
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