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Lang–Gu Dispute
The Lang–Gu dispute () was a dispute in China about the privatization process adopted during Deng Xiaoping's reforms. New Left academic Larry Lang Larry Hsien Ping Lang () (a.k.a. Larry Lang, Larry H.P. Lang, Lang Xianping, and Lang Hsien-ping) (born 1956) is a Hong Kong–based economist, commentator, author and TV host in China. Lang has become a famous and controversial figure in Chi ... ( 郎咸平), a critic of the reforms, accused a private entrepreneur, Gu Chujun ( 顾雏军), of having usurped state assets. Gu was later imprisoned in January 2008. This incidence had a short-term effect on the Chinese government, who halted privatizations after the debate. Generally, Chinese academic has reservation about this debate. References Chinese New Left Economy of China {{China-poli-stub ...
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Chinese Economic Reform
Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist market economy in the People's Republic of China (PRC) that began in the late 20th century, after Mao Zedong's death in 1976. Guided by Deng Xiaoping, who is often credited as the "General Architect", the reforms were launched by reformists within the ruling Chinese Communist Party (CCP) on December 18, 1978, during the '' Boluan Fanzheng'' period. A parallel set of political reforms were launched by Deng and his allies in the 1980s, but eventually ended in 1989 due to the crackdown on the Tiananmen Square protests, halting further political liberalization. The economic reforms were revived after Deng Xiaoping's southern tour in 1992. The reforms led to significant economic growth for China within the successive decades; this phenomenon has ...
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Chinese New Left
The Chinese New Left is a term used in the China, People's Republic of China to describe a diverse range of left-wing political philosophies that emerged in the 1990s that are critical of the Chinese economic reform, economic reforms instituted under Deng Xiaoping, which emphasized policies of market liberalization and privatization to promote economic growth and modernization. Chinese intellectual Wang Hui (intellectual), Wang Hui links the emergence of New Leftism with the 1997 Asian financial crisis and the 1999 United States bombing of the Chinese embassy in Belgrade, which damaged the credibility of liberalism in China, as well as the 1989 Tiananmen Square protests and massacre. Some of the Chinese New Left intellectuals enjoyed prominence, especially with the rise of Chongqing Communist Party secretary Bo Xilai, who promoted a set of socio-economic policies collectively termed the Chongqing model, though they suffered a blow after the end of Bo's career in 2012 due to the ...
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Larry Lang
Larry Hsien Ping Lang () (a.k.a. Larry Lang, Larry H.P. Lang, Lang Xianping, and Lang Hsien-ping) (born 1956) is a Hong Kong–based economist, commentator, author and TV host in China. Lang has become a famous and controversial figure in China in recent years: Since 2002, Lang has risen to his fame by "scolding". From D'Long to Haier, from TCL to Greencool, those scolded by him were all well-known large enterprises. People who hate him call him a "Rogue Professor", whereas those who like him say he dares to speak the truth. Personal background Lang was born in 1956 in Taoyuan County, Taiwan (now Taoyuan City), and his ancestors are from Weifang, Shandong. Education Lang received his bachelor's degree from Tunghai University in 1978, and his master's degree from National Taiwan University in 1980. He then studied at Wharton School of the University of Pennsylvania, where he received a master's degree and a PhD in Finance. Lang was a lecturer at Wharton School of ...
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Gu Chujun
Gu Chujun () is a Chinese convicted criminal and former business executive and entrepreneur. He is a native of Yangzhou, Jiangsu Province. He studied at Tianjin University and became the Chief Executive Officer of Greencool Holdings in Hong Kong and the Kelon Group. He acquired Hisense Kelon, Meiling Electrical Appliance, Jinnuoer, Qihuawa, Xiling, Yanxing Bus and Xiang Bearing. In 2001, ''Forbes'' magazine ranked him as China's 20th richest man. As an outcome of the Lang–Gu dispute The Lang–Gu dispute () was a dispute in China about the privatization process adopted during Deng Xiaoping's reforms. New Left academic Larry Lang Larry Hsien Ping Lang () (a.k.a. Larry Lang, Larry H.P. Lang, Lang Xianping, and Lang Hsien- ..., in January 2008, Gu was sentenced to 10 years in prison and a fine of 6.8 million yuan after a conviction for falsifying corporate reports. An appeal against the conviction was rejected in April 2009. Hisense Kelon also won damages of 30.15 mi ...
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