China Seminar | 9 June 1994

China's Economy in the 1990s: Limits of Growth

Richard H. Hornik

We hope you will join us for an up-to-date look at China’s economy by Richard H. Hornik, a senior correspondent for TIME magazine and on leave as a journalist-in-residence at the East-West Center for 1993-94. Mr. Hornik will have just returned from China. From 1991-93 he served as TIME’s Southeast Asia bureau chief focusing on political developments in Cambodia and Vietnam and the remarkable growth of the East Asian region. His reporting on the latter lead to his current research project which explores whether the “Confucian societies” of East Asia will be as economically successful in the first third of the 21st century as they were in the last third of the 20th.

From 1987 to 1990, Hornik was TIME’s national economics correspondent in Washington, D.C, where he produced stories on global money laundering, the weakness of the American financial system, and the growing gap between the rich and the poor in America. He served as Beijing bureau chief from April 1985 to April 1987, providing much of the reporting for TIME’s Man of the Year issue on Deng Xiaoping. He returned to China in May-June 1989 to cover developments around the June 4 Tiananmen Square massacre. As Eastern Europe bureau chief from 1981 to 1983, Hornik covered the imposition of martial law in Poland, providing most of the reporting for TIME’s 1981 Man of the Year issue on Lech Welesa. Mr. Hornik graduated with honors in political science from Brown University in 1970 and attended George Washington University where he received an M.A. in Russian studies.