Word: xiamen
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Dates: during 1980-1989
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...Reynolds Tobacco, the dream has come true in an agreement signed last week in Peking. The pact calls for Reynolds and China to contribute $10 million each to set up a joint venture that will build a factory in the southern Chinese city of Xiamen and produce the first Sino-American cigarette. The new brand, as yet unnamed, will be a blend of American and Chinese tobaccos. Lester Pullen, president of Reynolds' international tobacco division, admitted that the cigarette must be good to satisfy Chinese smokers. Said he: "In their tastes, the Chinese are comparable to Europeans, especially...
When President Reagan denounces Government workers as shirkers, he cannot be thinking of Zhao Wenjin, 75. Zhao began work as a handyman at the U.S. consulate in Xiamen, China, when Calvin Coolidge was his Supreme Employer. In 1945, eight years after consular officials had fled Japanese invaders, an American vice consul popped down from Shanghai and ordered Zhao to keep at it. So each workday since-through Communist takeover and every twist of revolutionary rancor-Zhao Wenjin has puttered about the compound, now an oceanographic institute, and every month he has collected, via the British, his $61 paycheck. Just after...
...Taiwan, 90 miles away across the Taiwan Strait. Closed to most non-Chinese for more than three decades, Fujian has been reopened both to foreign visitors and to foreign investment. TIME Peking Bureau Chief Richard Bernstein last week toured the provincial capital of Fuzhou and the port city of Xiamen (Amoy). His report...
...Just arrived," proclaims the large, handwritten sign, "new supply of nylon cloth from Taiwan. Come in and buy some." That notice would be passed without a second glance in Hong Kong or Singapore. Pasted up in front of a ramshackle department store in Xiamen's main town square, it is a striking sign of changing times. Largely because of its geographical proximity to Taiwan, Fujian province has become the focus of an active campaign by the Peking government to open up contacts with the prospering island...
Local officials even seem willing to ignore a small-scale but apparently active smuggling trade that goes on between Taiwan and mainland fishermen, who frequently share the same fishing grounds. According to residents of Xiamen, the trade includes soap, towels and watches (often with fake Swiss markings) from Taiwan and gold (sometimes also fake) from the mainland. If that first shipment of nylon from Taiwan-which came indirectly via Hong Kong-is any indication, Taiwan could have a significant future market in Fujian. In less than two weeks, the shipment was 90% sold, despite a stiff price...