Word: fenghua
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...them to break out of low-paying jobs is to get an education, but the only way to get an education is with money. Hukous exacerbate the problem by forcing those without them to pay a steeper price for tuition. For example, in the typical city of Fenghua, rural hukou-holders pay almost three times more for education than hukou-holders from the city. Compounded with discrimination that makes college admission harder for rural hukou-holders, Chinese laws are indefinitely perpetuating a divide that can only spell further economic and social unrest...
...course, the government must guard against Ponzi schemes and pyramid scams. On occasion, several huis will pool their money, and one failure will lead to a series of them. In September last year, just such a structure collapsed in Zhejiang's Fenghua city, according to Oriental Outlook magazine, and the hui leaders were forced to flee...
...idea of what happens when China, the workshop of the world, pulls double shifts, travel to Fenghua, a Spartan town 10 miles outside the eastern coastal city of Ningbo. There, Ningbo Bird, a manufacturer of mobile phones, has sprung from obscurity to challenge much larger foreign competitors, such as Nokia and Motorola, in a high-stakes battle for mainland market share. According to some estimates, Bird sells more cell phones in China than any other company, with revenues of approximately $1.4 billion...
...Intrigue. Nationalist China reached to Washington to make its charge. The accused: Lieut. General Mao Pang-chu, 47, a fellow villager (Fenghua in Chekiang province) of Chiang Kaishek, stationed in the U.S. since 1943 as chief of his government's aviation procurement. The accusation: in the past five years, Mao 1) failed to account for almost $20 million in aviation procurement funds placed at his disposal, 2) protected disloyal staffmen and 3) spread rumors undermining the prestige of Nationalist China...
...nest egg back. He needed it, he said, to curb inflation-although a lot more was obviously needed for that Herculean task than the Gimo's reserve. Li also wanted the treasure to pay Nationalist troops along the Yangtze in hard cash, thus boost their morale. To Fenghua went old Marshal Yen Hsi-shan, governor of Shansi province, to plead with Chiang for return of the funds...