THE “RED CAPITALISTS” SLIP IN THE DOOR

Publication: China Brief Volume: 2 Issue: 22

By Willy Wo-Lap Lam

Whether private businessmen will get due recognition at the 16th Communist Party Congress has become a litmus test of the leadership’s commitment to both economic and political reform. Latest indications are that while President Jiang Zemin will formalize the rights of “red capitalists” to be enrolled as party members, the incomers may face an uphill battle to end Beijing’s decades-old discrimination against the nonstate sector.

THE HOPE