ABSTRACT
Other contrasts abound. Faced with financial difficulties in meeting their debts we find senior managers of state enterprises eagerly seeking the embrace of asset management companies, a move likely to be contemplated more with dread than enthusiasm by managers of troubled
In the early 1980s, when commodities were in short supply, companies spent a considerable amount of time and effort to get them for free distribution to their employees. Such distribution was crucial for the popularity of the managers, especially with the approach of a major national holiday. The procurement and distribution was usually organised by the trade union. Companies in Shanghai, for example, would send trucks to Shandong province to buy apples in autumn and to Anhui province in winter for cabbages.
