China sets path forward as Deng consolidates power
On the eve of the Communist Party anniversary China released a 35,000 word communique and ousted party Chairman Hua Guofeng, marking a decisive victory for Deng Xiaoping who was described by a Western diplomat as having won 95 percent of what he wanted. The move signaled a modernizing shift and strengthened Deng's grip on national leadership.
MENTIONED IN THIS ARTICLE
Peking
UPI
Communist Party
China
Hua Guofeng
Deng
Deng's Pragmatic Turn Redefines Chinese Policy
The article notes Deng Xiaoping's rise over Hua Guofeng, highlighting a shift away from Maoist doctrine toward pragmatic modernization. It cites official media emphasizing Deng's consolidation of power and a 35,000 word communique advocating flexible application of Maoist ideas, easing class struggle as the central focus and pushing economic modernization since 1978.
Dollar's strength assailed at Ottawa summit
A joint statement closed a meeting warning about the level and volatility of interest and exchange rates threatening Europe’s nascent economic recovery. It echoed France's Francois Mitterrand’s critique of prolonged U.S. high rates, noting how a strong dollar keeps oil costly and diverts needed investment capital away from Europe ahead of the Ottawa G7 summit.
MENTIONED IN THIS ARTICLE
Europe
United States
France
Francois Mitterrand
America
Ottawa
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