Word: guangdong
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...feel great," says Zang Lifang. "People in Guangdong are very nice." Indeed, Zang's boss has just drained a glass of beer in honor of the 61-year-old construction foreman and a dozen of his workmates, and handed each man a red envelope containing a New Year's gift of $70 in cash - one third of a month's salary. Their dinner table is loaded with such tasty holiday treats as lotus root, fresh shrimp and carp, and the hall is festively bedecked with red and gold banners. But Zang's sunburnt skin and his Mao suit and Lenin...
...been able to shift their economic focus to the service sector as factories moved from New York's lower east side, or London's Park Royal estate, or the thousands of tiny enterprises in Kowloon, to the American sunbelt or up the Pearl River delta from Hong Kong to Guangdong province. All are - or have been - great ports. Today, only Hong Kong of the three wears its seagoing character on its face, with tugs and barges chugging up and down the harbor a stone's throw from the skyscrapers of the banks and trading houses. London and New York...
...gleaming white government headquarters building that sits in the middle of Xiantang, a village of 3,500 in China's industrial heartland of Guangdong, is a concrete symbol of that which is wrong with the country's economic boom. The structure was built a few years ago as surrounding farmlands were being turned into residential developments. It was supposed to be the Communist Party's local power center. But there are no cadres in sight. Since July 2, Xiantang has had no leadership...
...were to create a model for Globalization Man, he'd look a lot like Francois Woo. Woo's surname and taste for Cantonese food reflect his family's origins, three generations ago, in Guangdong province in southern China. His first name and French accent reflect the European culture of his adopted home on the Indian Ocean island of Mauritius. His children are at college in Perth, Boston and, soon, London. And his $200 million-per-year business is a microcosm of globalization in action. It buys raw cotton from Asia and Africa, ships it to Mauritius, spins it into yarn...
...manufacturing in Guangdong is a bellwether industry in China. It was among the first to receive outside investment when China's economy began to open up in the early 1980s and Hong Kong businessmen crossed the border in search of cheaper production facilities. Product safety standards have long been an issue, but the unprecedented level of international attention is putting pressure on manufacturers. With its export-driven economic growth on the line, the Chinese government has taken aggressive steps to safeguard the reputation of its goods. It has closed unsafe food factories, issued new regulations for product safety and shuttered...