Word: shanghaiing
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...latest incentives come one month after the first sale of stock since 1949 in Shanghai, the city that once was China's commercial center. Starting at 3:30 a.m. last Jan. 14, more than 20,000 people lined up for a chance to buy at least one of 100,000 shares offered by Yanzhong Industrial Corp., whose products range from clothing to copiers. Investors paid about $18 apiece for the shares, which will retain their initial value while paying annual dividends of about 13%, compared with the bank savings-account interest rate of 5 3/4%. Although the shares...
...price increases. To hedge against shortages or inflation, many citizens withdrew their savings to purchase such nonperishables as bicycles and textiles. One Peking family bought a piano as an investment, though neither parents nor children could play it. A black market developed in railroad tickets, as speculators in Peking, Shanghai, Canton and other cities snapped up tickets and resold them at higher prices...
...voice on economic policy, 40% of factory bosses and 70% of party leaders in 3,000 enterprises might have to be replaced. It may not come to that, but as a demonstration of Deng's intent, some unexpected shifts have already been announced. Two weeks ago the Shanghai municipal government approved the start-up of 3M China, Ltd., a wholly owned subsidiary of U.S.-based Minnesota Mining & Manufacturing Co., which will produce electric tape and connectors without Chinese partnership for the first time since...
Ching-Chang Hsiao says that he wanted to be a Nieman fellow because "we must get more knowledge about America and about the world. We can't confine ourselves to China or to Shanghai." Certainly, in his own life Hsiao has not confined himself much. After graduating from Nanking University in 1951, he taught Chinese literature in middle school in Shanghai. After joining the Wen Hui Daily on 1957 he covered the arts--especially music and foreign artists--for about ten years...
Yang was unable to do manual work because of poor health, so she remained in Shanghai and was "borrowed by the Chinese translation publishing house." In 1973, Ching-Chang Hsiao returned from the countryside and was borrowed by the People's Publishing House as a specialist in Chinese classical language and literature...