November 18, 1991 |
The South China dream machine runs in high gear in this bustling, money-chasing, noisy and often tawdry boom town that lures the ambitious with visions of once-forbidden riches. For the past decade they have come pouring in--everyone from simple farm youths to guileful offspring of high Beijing officials.
March 29, 2001 |
China's decade-old experiment with stock markets is getting mixed grades from the country's own economists as reports of widespread manipulation and fraud continue to surface. The Shanghai and Shenzhen exchanges last year outperformed most other bourses around the world. Their combined capitalization has exceeded $500 billion, ranking them third in Asia behind Tokyo and Hong Kong. But many observers do not believe the numbers reflect true market forces.
November 10, 1994 |
Homes for Chinese: Largo Vista Group, Ltd., a Newport Beach maker of manufactured homes, said it has signed a deal to export its houses to China. Models are scheduled to be shipped this week from the Port of Long Beach to Shenzhen, China, 30 miles from Hong Kong. The models will be erected in China for viewing by potential buyers. The population of Shenzhen, China's largest "Special Economic Zone," has grown from 40,000 to 4 million in the past 10 years--creating a severe housing shortage.
CALIFORNIA | LOCAL
January 21, 2013 |
SACRAMENTO - The smell of the blossoms had drawn Mike Williams to the rose garden sometime after midnight. Capitol Park security guards were scarce at that hour, and he hoped to get a little sleep. At 60, the medical technology inventor and entrepreneur was homeless, his money gone, his 28-year marriage over. But on that August night, things got worse: Williams was awakened by brutal kicks to his midsection. The thieves grabbed his backpack and laptop - which he'd been using to chronicle his unexpected journey.
April 21, 2005 |
JDS Uniphase Corp., the maker of parts for fiber-optic networks, said it would cut 850 jobs as the company consolidated its U.S. manufacturing. Production handled in Ewing, N.J., and Melbourne, Fla., would be shifted to the company's plant in Shenzhen, China, and to two manufacturing partners, the San Jose company said. Manufacturing at its Santa Rosa, Calif., plant also will be reduced, the company said.
December 11, 2003 |
Container terminals in Shenzhen, China, which charge almost a third less for handling cargo than those in neighboring Hong Kong, processed 40% more containers in November as overseas companies bought more China-made products. Shenzhen, China's second-busiest port after Shanghai, handled 980,000 standard 20-foot containers last month, said Gan Huojin, an official at Shenzhen's municipal port bureau. Traffic for the first 11 months of the year also rose 40% to 9.68 million containers.