Beijing (AP) - A university founded by communists four decades ago to train central

planners and party functionaries is retooling to turn out capitalists.

The official China daily newspaper said People's University is offering new specializations

in marketing, trade, personnel management, international business, taxation and small

business management.

Concentrations in scientific socialism, the international communist movement, national

economic planning, basic Marxism and pricing are being scuttled, the paper said.

It said 100 new textbooks were being readied for use in the new courses in 1993.