China exports boom despite sluggish economy and debt worries
Beijing reports exports surging while domestic demand shrinks and foreign investment lags after the 1989 crackdown. Trade rose 8.6 percent in 1989 to 111.5 billion dollars, with a projected 1990 trade surplus near ten billion. Exports to the United States jumped 43 percent, while Japan reduced trade amid sanctions and shifting investment patterns.
MENTIONED IN THIS ARTICLE
Beijing
China
United States
U.S. Commerce Department
Bush
Japan
Tiananmen Square
Tiananmen
Nobuo Maruyama
Institute of de Monomy Economics
Tokyo
India
Indonesia
Philippines
Soviet Union
China’s booming trade meets import and factory strains
China’s booming trade faces import demand and factory shortages of electricity and raw materials despite orders for aid to foreign financed firms. A 1988 austerity pause curbed inflation shrinking the domestic market. Fears over stability and the crackdown mood dampened foreign enthusiasm. PRC risk assessment put China as the riskiest for foreign investment among 10 Asian nations.
MENTIONED IN THIS ARTICLE
China
Political and Economic Risk Consultancy Ltd
Hong Kong
Philippines
German land claims loom as unification nears
East Germany prepares for mass property settlements as unification nears on Oct 3. Officials note up to 70 percent of properties in certain towns have claims by former residents and up to 1 million more cases await local committee decisions. Key issues include compensation, future possession by West Germans, and tenant pressures.
MENTIONED IN THIS ARTICLE
Klein Machnow
East Germany
Berlin
Germany
Old Guard
Crowded this is not Soviet economic showpiece in Moscow
In Moscow the Exhibition of Economic Achievements of the USSR draws few visitors despite its 250 buildings across 545 acres. Stalin started it in 1939 and officials tout increases in power generation and agriculture while visitors rest, watch video games, and study displays that note targets met or missed, including a chess set factory exceeding goals by 20 percent.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Ussr
Josef Stalin
Soviet Republics
Viktor
Metallurgy
Also Mentioned on This Page
West Germany
Singapore
Britain
U.S
Chinese General Administration of Customs
U.S. Department of Commerce
Elie
Z. Cavaricc
Jordache
L&dybug
Old Town
Parkway
Trh A.M
Physicians & Surgeons Hospital and
Midland Orthopedic Clinic
Jerry Watson
American Board of Orthopedic Surgery
American Academy of Orthopedic Surgery
Jerry L. Cochran
Desta Drive
Physicians & Surgeons Hospital
T.V
Andrews Hwy
Odessa
Chromcraft
Stanley
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