Word: shanghais
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Dates: during 1990-1999
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...Bill Clinton in China? It's the economy, stupid. The President got down to the business of showcasing China's economic potential Tuesday in the powerhouse city of Shanghai -- the white-hot engine of that nation's furious economic growth. At a roundtable with local business and civic leaders, and later on -- of all things -- a talk-radio show, he heaped praise on China for resisting the pressure to devalue its currency and emphasized the cooperation between the two countries over the Asian financial crisis as a model of partnership. He spoke of "a new China emerging in the world...
...Mucheng thinks about little else. A "retired" (laid-off) accountant in his 50s, he spends most of his mornings in the hall of the Shengyin Wanguo Securities company in Wuhan's downtown, watching share prices move on the Shanghai Stock Exchange. Li has been lucky recently, usually buying and selling in the same day, "but sometimes I hold shares for longer, even up to two weeks." Li keeps his eyes on the big electronic screen as he talks. "America? A great country, because the President changes every four years. And rich, because it has been developing for 200 years. China...
...river from Nanjing to Shanghai is wide, one mile across, and the boat traffic has increased exponentially: barges, tugs, dredging boats, passenger ferries, tankers, oceangoing liners and container ships. There are so many vessels that the traffic splits up, as on a highway: downstream vessels keep to the left of the stream, upstream vessels keep to the right-hand side, as the chaos of China's interior inexorably gives way to the more ordered march to prosperity of the coastal regions...
Sally Liu works for Siemens in Shanghai. It was a simple career decision: the state-owned aeronautics factory that she had joined after finishing university studies paid her $250 a month; Siemens recruited her at $875. Her view of her country is simple too: "I hope China will become the strongest in the world. China has been poor for a long time, and no one respects us. If you are the richest, you will be respected...
...office is in Pudong, the glittering new business district created by municipal fiat across the river from downtown Shanghai. More than 100 high-rises have already gone up in the authorities' bid to turn Shanghai into China's financial capital. Companies that make a large enough investment even get a street named after them--Siemens Street, for example. But walking around Pudong is an eerie experience: at least three-quarters of the office space is vacant. Such is the impatience of Shanghai to become a world-class city: Build it, and they will come...