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Editor's Introduction

Joseph Fewsmith

Chinese Economy, 1992, vol. 26, issue 2, 3-4

Abstract: This issue of >i>The Chinese Economy>/i> continues the translation of important sections of an internal study on enterprise deficitsâ>i>Investigation and Research on Deficits in Industrial Enterprises>/i> (>i>Gongye qiye kuisun diaocha yanjiu>/i>)âthat was published in 1989. Whereas the previous issue of >i>The Chinese Economy>/i> presented three summary reports on the extent and causes of deficits in China's industrial enterprises, the current issue selects five important case studies that depict the situation facing some major industries and localities. The first three selections translated here are studies of enterprise losses in industries that have faced some of the most serious and persistent deficits in China: the coal, machine-building, and arms industries. The other two selections examine the deficit situation in the nation's capital, Beijing, and in the province of Liaoning, the site of much of China's aging heavy industrial plants.

Date: 1992
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