Word: revolutionize
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Dates: during 1990-1999
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All Shanghai is caught up in entrepreneurial energy. In the mid-'80s, while southern provinces like Guangdong and Hainan turned Deng's experiment in "special zones" into a capitalist boom, Shanghai's decrepit state industries stagnated, its infrastructure disintegrated, and its people sulked. The economic revolution wasn't reaching far...
Chinese capitalism was born in the rural farmlands when Deng permitted the provinces to dismantle their communes and collective farms. Peasants raced to divide up plots of land for private tilling, harvesting record crops and selling them in private markets. In no time, residents of tiny villages like Fenghuang in...
Deng's commercial revolution is dangerously incomplete. "China is like a movie set," says Mineo Nakajima, one of Japan's leading Sinologists. "It looks wonderful, but it's all an illusion." Many of the most difficult issues were put on hold while Deng lived, but the new regime cannot hope...
Now to be fair, we should remember that the Levi Strauss company was recently presented with an award for its social responsibility and has long been considered a pretty good place to work. But these mitigating facts only serve to underline a deeper problem. If a 'nice' company like Levi...
On-the-fly Net video, it should be noted, is something that other companies have already demonstrated. But my bet is that Glaser will be the one to popularize it and make it work. That's because Glaser, 35, has been preparing for this moment since he was eight. He...