Word: guangzhou
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...unbridled boom has brought wealth, yes, but it's wildly uneven. The typical Sunday shoppers crowding middle-class Beijing Street are looking, not buying. Most of Guangzhou's workers have little disposable income. Two 18-year-old youths stand in the spiffed-up Xinhua bookstore gazing at a paperback that at 8 yuan is beyond their means. For fun, they go to the zoo because it's free...
Johnny Chan stands glumly behind the counter at his Hong Kong Optical Shop. The 1,080-yuan ($130) Ray-Bans gather dust, while the 100-yuan models are moving briskly. Nearly five years ago, Chan came back to Guangzhou from Australia because he thought fortunes were to be made here. But business has soured since 1994, he says, and his two city shops are losing money. Even worse is crime. "Guangzhou is very bad," he says. "So many bad men, pickpockets, they all steal." Ever since he was mugged and badly beaten one morning, Chan takes two bodyguards when...
...city formerly known as Canton has been infected by capitalism's mercantile excesses ever since the West forced open its doors as a treaty port in 1842. Today Guangzhou is China's best example of the worst the West has to offer. Its take-no-prisoners style has encouraged official corruption and ruthless business practices. "Corruption is normal," shrugs businessman Wang Shi. "Crime is new." So are beggars in the streets. This is a city that thumbs its nose at the government, holding on to as much of its wealth as it can, ignoring orders it dislikes, following...
...they had their choice, they'd retreat to 1955 rather than grapple with today's complicated reforms. "We respect Mao, not Deng," says Liang. "Deng forgot about us." The people of Shenyang resent the way the city has been left behind by the capitalist advances in Shanghai and Guangzhou. At Liang's old workplace, his friends sit around all day grousing, drinking tea and reading the papers until the shift whistle blows. "We call it the nonworking day," he says. "The managers are screwing things up, and they have to leave. It's not our fault there's nothing...
...GUANGZHOU A frenzied city in headlong pursuit of cold cash...