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Word: townes (lookup in dictionary) (lookup stats)
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...Huaxi has used its wealth to build what might be described as a socialist Disneyland. Residents own shares and earn bonuses pegged to performance, but they must put 95% of their dividend and 80% of their bonus back into the town. This leaves plenty of cash for pet projects. In the village's central plaza oversized statues of Mao Zedong and Deng Xiaoping gaze out at replicas of the U.S Capitol Building and France's Arc du Triomphe. Nearby, the world's largest copper bell tolls for good luck...

Author: /time Magazine | Title: The Richest Reds in China | 4/4/2008 | See Source »

...once have been avante garde, but today Huaxi's blend of dizzy materialism and communist control is no longer out of step with the rest of China. Every year, the town welcomes 2 million visitors, most of whom are Communist Party officials on state-sponsored tours...

Author: /time Magazine | Title: The Richest Reds in China | 4/4/2008 | See Source »

...Guests are treated to an hour-long musical theater piece about the town's history and progress. When they leave the 1,200-seat auditorium, the show's honky tonk-meets-Peking opera soundtrack blares through loudspeakers, echoing across tidy rows of red-roofed, three-storey homes...

Author: /time Magazine | Title: The Richest Reds in China | 4/4/2008 | See Source »

...only place the town's booming soundtrack can't be heard is the site of the soon-to-be towers. There, near a concrete hole reminiscent of an open-pit mine, clusters of laborers pour cement and lash lengths of bamboo. Director of Construction Qiu Juping says it will take 1,500 workers five years to finish. These workers, imported from across the country, join 25,000 other migrant laborers to keep Huaxi afloat. They know building the tower will be tough, and potentially dangerous, but say they're proud to be part of something big. "I feel honored...

Author: /time Magazine | Title: The Richest Reds in China | 4/4/2008 | See Source »

...Deputy Party Secretary Zhou Li agrees. Foreign-educated and fluent in English, she's proud of the tower, and of her town. People need something to believe in, she reasons, and record-breaking towers inspire faith. "Even I have religion now," she said with a laugh. "My religion is the Communist Party." And with that, she climbs into her very red Audi A4, and speeds away...

Author: /time Magazine | Title: The Richest Reds in China | 4/4/2008 | See Source »

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