Word: shandong
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Dates: during 1990-1999
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...China stocks on the N.Y.S.E. have recently headed in the direction he predicts. Brilliance China Automotive has been much less than brilliant, dropping from 29 7/8 at the height of Sinophoria in 1993 to the current 11 78. The once celebrated Shanghai Petrochemical is down as well, along with Shandong Huaneng Power, and its not too distant relative Huaneng Power, brought to New York by Lehman Bros., has been a turkey...
Some provinces are even more gung-ho for growth than the bosses in Beijing. Hainan in the far south plans to build itself into another Hong Kong. Guangdong and Shandong hope to catch up with such Asian powerhouses as South Korea and Singapore by 2015. The special economic zone of Shenzhen is two hours' drive from the southern city of Guangzhou, where bustling construction sites and rows of town houses, factories and shopping centers line the road through the Pearl River delta. In Shanghai, China's New York City, shop windows are crammed with chic imports, electronic pagers and fancy...