Class Notes 6.22.10 - Pols 497 Class Notes 6.22.10 Economic...

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Pols 497 Class Notes 6.22.10 Economic Troubles State industry in huge debt 80's – 90's depended on banks Banks had bad debts, so they were running out of money Establish modern corporate systems Must become profitable in three years Zhu Rong-Ji Premier Worker lay-offs No Jobs No pension No Healthcare No social safety net outside of the plant Flourishing Private Sector Foreign companies are hiring In Beijing High unemployment rates in industrial cities Rural More than half of the population lives here
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This note was uploaded on 05/04/2011 for the course POLITICAL 497 taught by Professor Dr.sharonwei during the Summer '10 term at Boise State.

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