Word: shanghaiing
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Dates: during 1970-1979
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...Chinese went to the Swedes for cooperation in mining, railroads and telecommunications, to the British for $315 million worth of coal-mining equipment, to the Danes for help in improving Shanghai and other ports. They browsed in Sweden, France and England for modern weaponry with which to rearm their badly equipped military forces. They will probably make only a few selective purchases at first, because of their shortage of capital. Chinese and Americans kept up brisk negotiations. Coastal States Gas Corp., a U.S. firm, agreed to buy 3.6 million bbl. of Chinese crude, the first shipment to arrive early this...
...overrun by Instamatics and McDonald's. (In fact, the Chinese have consulted McDonald's executives about possible fast-food techniques for use in China.) Inter-Continental Hotels plans to build within three years a chain of 1,000-room hotels, complete with swimming pools and saunas, in Peking Canton, Shanghai and other major cities. Hyatt International has proposed the construction of hotels with a total capacity of 10,000 rooms. Pan American and several other airlines have entered bidding for landing rights in China to bring in the tourist trade on a major scale...
...further effort to mollify Taiwan, the Administration implied strongly that they had received tacit assurances that Peking would not invade Taiwan. In the Shanghai communique, Peking insisted that it had the right to liberate Taiwan. Mainland China, Teng now told the Ad ministration, will seek reunification, but slowly, peacefully, and in a manner that will not disrupt Taiwan's capitalistic economic system. The U.S. will continue to sell Taiwan "selective defensive weapon ry"?which might include interceptor air craft, artillery, and antitank weapons. Said Carter, during an unusual visit to the White House press room after his speech...
...since the Western enclaves of Shanghai and other major cities emptied overnight after the 1949 Communist victory have the Chinese people been exposed to as many foreigners and foreign ideas. Chinese scientists, economic planners, bureaucrats and army officers are being dispatched abroad in ever greater numbers; if Peking has its way, tens of thousands of Chinese students will be roaming university campuses throughout the non-Communist world within a decade. The country's leaders themselves are being seen more and more abroad. In Rumania, Hua even took part in a peasant dance with Rumanian youths, which produced predictable sniffs...
...this could now change. Last week Pan American's Intercontinental Hotels subsidiary signed a preliminary pact with the Chinese to build six or seven hotels, each with 500 to 1,000 rooms. At least one hotel will be in Peking; others may rise in Shanghai, Canton, and perhaps in the lakeside resort town of Hangchow and the country's ancient capital of Sian...