Search Details

Word: luns (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
Sort By: most recent first (reverse)


Usage:

...upgrade Lun Feng for state-of-the-art stuffed-toy manufacture, which really means little more than loading an empty building with sewing machines, Lun Feng's Hong Kong joint-venture partner lent the factory's nominal owner, the town of Kai Kong, more than $1 million. (The national government got its cut by charging a fee for converting the Hong Kong dollars into Chinese currency.) Since then, Lun Feng has been on its own. Much of the fabric used by the factory comes from Taiwan. "No problem," says Lun Feng's operations manager, who happens to belong...

Author: /time Magazine | Title: A Day in The Life . . . . . . Of China: Free to Fly Inside the Cage | 10/2/1989 | See Source »

...power relationship varies from place to place. "It is nothing more than a normal battle for control," admits a factory party secretary in Jinan. "I don't know much about what my factory actually does, but that doesn't mean I don't want to be the boss." At Lun Feng, Deng's system works fairly well. Only after Tiananmen did the secretary actively meddle, but then just to direct that the radio be tuned to a mainland station rather than one in Hong Kong. The music the workers listen to all day is the same, but the news...

Author: /time Magazine | Title: A Day in The Life . . . . . . Of China: Free to Fly Inside the Cage | 10/2/1989 | See Source »

There seem to be three keys to Lun Feng's success. The first is its location on the Kai Kong River, which allows the factory to ship its goods by sea and not by the country's notoriously awful roads. Even in Guangdong, many of the paved highways are narrow, and virtually impassable when travelers stop to shop at roadside stands...

Author: /time Magazine | Title: A Day in The Life . . . . . . Of China: Free to Fly Inside the Cage | 10/2/1989 | See Source »

...Lun Feng's second ace is electricity. Across China, electric power is in such short supply that even favored state-owned operations must routinely shut down for two or three days a week. Lun Feng beat the power problem with money. For about $3 million, the factory installed five auxiliary diesel generators. With eleven workers maintaining the equipment 24 hours a day, eight seconds is the longest Lun Feng has been without electric power...

Author: /time Magazine | Title: A Day in The Life . . . . . . Of China: Free to Fly Inside the Cage | 10/2/1989 | See Source »

...from the Lun Feng factory, on the main road to Guangzhou, is an example of how economic freedom can energize a population. Shops full of sofas, chairs and beds stretch as far as the eye can see. "Furniture Mile" began several years ago when a few local farmers decided that after meeting their government-mandated crop quotas, they would rather augment their income by making furniture than by growing more vegetables. Soon, farmers throughout the area followed suit. Today anyone with wheels stops to load as much furniture as he can carry, then resells his wares later in whatever market...

Author: /time Magazine | Title: A Day in The Life . . . . . . Of China: Free to Fly Inside the Cage | 10/2/1989 | See Source »

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Next