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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (404)8/18/2003 11:55:46 AM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China Moves Toward Cloaked Capitalism
ELAINE KURTENBACH
Associated Press

SHANGHAI, China - It's the new narrative of China's prosperity-minded leaders: inviting capitalists into the higher echelons of power and enshrining private property rights in the constitution. But as one Shanghai businessman has discovered, communist ideology isn't going away just yet.

This fall, the communist leadership plans to amend the constitution by drawing on the pro-capitalist ideology of recently retired party chief Jiang Zemin, state-run media reported last week.

At the same time, local businessman Lu Yuzhang is suing city bureaucrats for refusing to let him register his "Shanghai Capitalist Competition Capability Consulting Co., Ltd." as a private company.

kansascity.com