Crossword-Solution: TSIN 4 letters, 11 clues 🏆 scrabble score: 4

President YEL'TSIN's government made significant strides toward a market economy in 1992 by freeing most prices, slashing defense spending, unifying foreign exchange rates, and launching an ambitious privatization program.

President YEL'TSIN's government has made some progress toward a market economy by freeing most prices, slashing defense spending, unifying foreign exchange rates, and launching an ambitious privatization program.

Yet much of the old order persists and YEL'TSIN faces formidable opposition to further measures such as the reduction of subsidies to old-line industries.

When Yuan came, he ordered him to return to Tien-tsin, dispose of his superior officer, the Governor-General Jung Lu, and bring the army corps of 12,500 troops of which he was in charge to Peking, surround the Summer Palace, preventing any one from going in or coming out, thus making the Empress Dowager a prisoner, and allowing him to go on with his work of reform.

President YEL'TSIN's government has made substantial strides in converting to a market economy since launching its economic reform program in January 1992 by freeing nearly all prices, slashing defense spending, eliminating the old centralized distribution system, completing an ambitious voucher privatization program, establishing private financial institutions, and decentralizing foreign trade.