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"Prime Minister Zhu Rongji, entering the final year of his term, touted his record of economic achievement today but called the low incomes of 800 million rural citizens a 'big headache.'"
"He is almost certain to step down next March along with several other high officials."
"Mr. Zhu appeared ready to stake out his legacy . . . He described his government's economic record as remarkable . . . worry that large- scale deficit spending, which the government has used to prop up growth through recent tough years, might endanger stability. . . . Continued growth without inflation . . . proves that 'our fiscal policies have been just right.'"
" . . . the biggest single challenge, he said, was bolstering the incomes of farmers, many of whose incomes have stagnated or declined in recent years, even as an urban minority becomes wealthy. . . . American agricultural goods will enter 'on a large scale' . . . so Chinese farmers will find prices falling further." ... [more]
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