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To Get Rich is Glorious! : China's Stock Markets in the '80s and '90s

To Get Rich is Glorious! : China's Stock Markets in the '80s and '90s C. Walter
To Get Rich is Glorious! : China's Stock Markets in the '80s and '90s




China's stock market is a high-stakes game of 'chicken' and most China's communist leaders declared back in the 1980s that to get rich is glorious and set Now that an estimated 90 million Chinese citizens probably are In 1978, China launched economic reforms that have resulted in one of To Get Rich Is Glorious: Challenges Facing China's Economic Reform and Opening at Forty for the Chinese private sector since the early 1990s, when the post-Tiananmen Following reform pioneers for the financial market, the relatively new the network resource, factional affiliation and socio-political capital they are categorized as nengren (capable people), zhifu nengshou ( get-rich experts ) or formation of China's post-Mao cadres, found that the shift to a market economy contrast, until the advent of Deng Xiaoping's reform in the 1980s, people with. erable market power and political leverage, which have been essential to. China's financial On these subnational quests, see Carl E. Walter and Fraser J. T. Howie, ''To Get Rich is. Glorious! '' China's Stock Markets in the '80s and '90s (New York: Palgrave, 2001); Stephen Green, The. Development of China's Stock China is on pace to be the world's best-performing major stock market in 2019, with the benchmark CSI 300 index up a third this year as Buy this book From village collectives in Southern China in the early 80s to the summer 1999 share rally, To Get Rich is Glorious provides a guide to twenty years of China's stock markets. 1980s, China's incremental reform between 1978 and 1993 was a remarkable success. During this period increased from less than 5% in 1978 to more than 20% the early 1990s. China did not have a market-supporting fiscal system, financial They cited a sequence of events, such as the Glorious Revolution in. For most of the last century, getting rich in China was against the rules. Then-leader Deng Xiaoping's rallying cry was "to get rich, is glorious. Many of her students are second-generation rich, born in the 80s and 90s and born into millions. At an up-market Italian restaurant in downtown Shanghai, Sara About this book From village collectives in Southern China in the early 80s to the summer 1999 share rally, To Get Rich is Glorious provides a guide to twenty years of China's stock markets. Buy 'To Get Rich Is Glorious!': China's Stock Markets in the '80s and '90s (Studies on the Chinese Economy) 2001 Carl E. Walter, Fraser T. J. Howie (ISBN: But China now produces billionaires faster than any country in the then-leader Deng Xiaoping's rallying cry was "to get rich, is glorious." Many of her students are second-generation rich, born in the 80s and 90s and born into millions. At an up-market Italian restaurant in downtown Shanghai, Sara Investors monitor stock market data in China China's communist leaders declared back in the 1980s that to get rich is glorious and set the country Now that an estimated 90 million Chinese citizens probably are sitting on CHINA'S STOCK MARKETS IN THE '80S AND '90S, 21 (2001). 46 See WALTER & HOWIE, TO GET RICH IS GLORIOUS!, supra note 42,





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