Word: zhejiang
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Dates: during 1980-1989
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...after he shaped a floundering garment workshop into a flourishing business, Bu Xinsheng of southern Zhejiang province was hailed in the Chinese press as a "trailblazing entrepreneur." His Haiyan plant became an obligatory stop for visiting bureaucrats and journalists...
China's bustling workplaces give further evidence that Deng Xiaoping's reforms are still on track -- and making headway. Western visitors to Jiangsu, Zhejiang and Guangdong provinces, where free enterprise thrives in factories and shops, have found no retreat from the reforms. To emphasize that the political furor in Peking has left them largely unaffected, local officials cite a Chinese maxim: "The mountains are high, and the emperor is far away." Even in the capital the pace of change seems unabated. The Bank of China last week agreed to link its Great Wall credit card with New York-based MasterCard...
Five years ago, morale was bad and production worse at the tiny Haiyan shirt factory in Zhejiang province, 69 miles from Shanghai. The enterprise was in such dire condition that workers who were ready to retire could not do so because of an empty pension fund. The value of the plant's assets totaled only $10,000, and profits rarely topped...
...precious commodity, those who control housing permits and those in the construction business wield inordinate power. Numerous blocks of apartments have remained empty for months while different groups bickered over how to divide the spoils. Some officials have made a killing in the confusion. Zheng Suzhi, party secretary in Zhejiang province, blithely canceled more than $200,000 in debts owed the state by some Hong Kong merchants, who had bought apartments in China. Zheng was rewarded by the beneficiaries with an invitation to Hong Kong and $6,000 worth of electronic equipment. When his racket was exposed, Zheng received...
Among convicted officials, Guan is one of the very few to suffer the extreme penalty of execution. Most of the others have been dismissed from their posts or jailed, with the stiffest penalties going to those who tried to blame underlings. In Zhejiang province, one commune party secretary named Ji Xinquan got five years in jail for having brought trumped-up court charges against two commune members who had exposed him for stealing timber...