Word: shandong
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Mayor Shao, the cheerful leader of a small village in Shandong province in northeastern China, is a patriotic sort. For many years he kept a picture of Mao Zedong by his bedside, and he still goes about his business in a frayed Mao jacket. But when asked if he recognizes the name of Hu Jintao, China's future President, Shao goes blank. Furrowing his brow and considering the question again, he asks for a hint: "Is this Mr. Hu that famous actor from America? You know, the one with all those big muscles...
Even Christians who work within the system can find themselves in trouble. Goodspeed, the teacher in Hangzhou who belongs to the United Church of Christ, spent two years in the northern province of Shandong. She lent money to students to study abroad, and advised others on how to apply for scholarships. But she became increasingly frustrated when less-deserving but better-connected pupils consistently won the grants. One day, the Communist Youth League nominated one of her students for an award for helping save an orphan, but withdrew his name when it learned of his faith. School officials blamed Goodspeed...
...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...
Sometimes an interruption is worth a thousand words. Taking the train from Shanghai to Shandong province, Michael Kramer shared a four-bed sleeping compartment with a middle-aged factory official clad in a blue Mao suit. As the man explained to Kramer why only foreigners and very important bureaucrats were allowed to travel in such accommodations, the door opened and in strolled a young Chinese man in a yellow Lacoste shirt, loaded down with boxes of stereo equipment. Absorbed in the music crackling through the headphones of his Walkman, the budding entrepreneur remained oblivious to Kramer and the very-important...