Word: redness
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
That is bad enough business, but the Red Chinese further infuriated Western businessmen with high-handed, independent business practices. Businessmen ordering goods were forced to undergo long,, pompous lectures on Marxism. Prices and offers changed from day to day at Peking's whim, and officials often tried to play one trader off against another. A British businessman who went to Canton to buy 500 tons of vegetable oil was told it was not available. Then he was awakened at 4 a.m., told that Peking had decided to give him the oil. The next day Chinese authorities sold half...
...tons of South American cotton arrived at a Chinese port recently, U.S.-trained Chinese inspectors swarmed over it, carefully grading each" bale. The Chinese are tough and unbending in trade negotiations, often cancel contracts for no obvious reason. Said a Frenchman who packed his bags and returned home from Red China without a franc's worth of trade: "The atmosphere is decidedly bad for doing business...
...Good. The result is that the Red Chinese trade offensive has lost its wind both in the West and in Southeast Asia. In the first five months of 1959, the Red Chinese funneled $60 million worth of goods through Hong Kong to Southeast Asia, v. $80 million last year, and exports through Singapore fell 73%. The Canton fair held this spring rang up $79 million worth of trade; last year the total was $180 million...
...Peking Daily Worker complained that " 'more' and 'quick' are stressed, but 'good' and 'economical' are ignored" in Chinese industry, even suggested that "individually run enterprises" might be set up side-by-side with state enterprises. To woo back disillusioned businessmen, the Red Bank of China has taken the unprecedented step of accepting claims by traders seeking damages for substandard exports. So far, the Bank has seen fit to rule in the trader's favor only a few times...
...family paper company's books. Her mother is outwardly butter-smooth, inwardly alum-bitter. Her cousin Woody is an effeminate dandy swooning before his hi-fi set, while sister Peggy is briskly infighting for some stock proxies to oust another cousin who "robbed us of damned near every red cent we own!" The Adam in this snaky Garden of Eden is Peggy's husband Barney Callahan. a morosely charming outlander (Massachusetts Irish) who convinces the troubled Barbara that she is Eve-with disastrous consequences...