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Monday, January 29, 2007
Thursday, January 25, 2007
Billions In Scrap
In China, though, beware. Nothing is quite what it seems. Zhang Yin owes her success both to pro-market Deng Xiaoping and ardent communist Mao. As the eldest daughter of a family with eight children, her expectation before the communist revolution would have been to grow up illiterate before becoming her husband's chattel. Mao's radical egalitarianism may have given China the murderous mayhem of the Cultural Revolution. But he also transformed the role, expectations and education of women.
In 1949 female illiteracy in rural China was 99 per cent. In 1976 when Mao died it was 45 per cent and today it is 13 per cent. One of Mao's first acts was to give women the same rights in divorce as men, and for all his other barbarism he consistently championed the equality of women.
China is still a sexist society, but compared with the rest of Asia it is light years ahead. Female illiteracy in rural India, for example, is still 55 per cent. The change has gone deep into the marrow of Chinese society. One survey recently revealed that Chinese girls between 16 and 19 name becoming president, chief executive or senior manager of a company as their top career choices; Japanese girls between 16 and 19 say they want to become housewives, flight attendants or child-care workers. One of China's most formidable economic and social resources has become its women.
As the daughter of an officer in the People's Liberation Army, Zhang Yin also understands the corrupt and controlling pathology of Chinese communism well - and has understood the imperative to keep ownership and direction of her company as distant as possible from Beijing. In China the party controls, or has the capacity to control, everything; the number of companies forced into decline or even bankruptcy because they were compelled to support party aims - bailing out an endemically loss-making company to protect jobs or buying a state-owned company at an astronomic price to feather the nest of a senior official - is beyond counting.
Zhang has avoided much of that - courtesy of Hong Kong, a Taiwanese husband and managing to get out of China in the months after Tiananmen Square when repression was at its height and the prospects for any kind of private enterprise seemed nil. Her cleverest moves were her first; incorporating her company in Hong Kong in 1985 and then marrying a Taiwanese with a non Chinese passport. In exile in Los Angeles in 1990 the pair founded America Chung Nam - a company specialising in scrap paper brokerage as she had been doing in Hong Kong.
Scrap paper is one of the few industries the party considers non-strategic and which it indulges - another smart choice for an ambitious woman. In December 1991 the Soviet Union collapsed, and in January 1992 the ageing Deng Xiaoping declared in a tour of Guangdong, China's most pro-capitalist province, that as international communism was dead the only way for Chinese communism to survive was to embrace pro-market reform. In particular it should welcome inward investment from foreign companies with know-how and technology. It was glorious, he said, to be rich.
There was an avalanche of inward investment, including America Chung Nam building a paper and board mill in the very same Guangdong- a foreign investor even if owned by a Chinese living abroad. After all, China's booming exports would need to be wrapped in paper and paperboard. Guangdong's exports have grown phenomenally; so have sales of paper and board.
And six months ago Zhang Yin and her husband cashed in - floating their shares not in one of China's stock markets on the mainland, but in Hong Kong. Here a private company can keep its distance from the party; if there is a dispute with the communists it gets settled in Hong Kong's still independent legal system - legacy of the British - and not in one of the mainland's rigged courts.
The extent of China's reform, and its subsequent growth, is stunning. It is also true that Ms Zhang could not have made her money if China had not opened to the world. But nobody should believe that somehow her fortune means that China has made the full transition to capitalism. Rather she has exploited the system's fault lines. This remains a one-party state, in which every institution - from the media to its companies - is constructed to sustain its monopoly of power.
Entrepreneurs such as Zhang Yin only succeed if they find ways around the system; they can only push the economy so far. One day the party will have to let go properly. The issues are only how and when.
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12:25 pm
Tuesday, January 23, 2007
What A Scanning
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12:08 pm
Monday, January 22, 2007
Men Will Be Men
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2:27 pm
Saturday, January 20, 2007
Where Is the Twelth????
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3:20 pm
Internet Or Sexnet
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11:04 am
Thursday, January 18, 2007
Wednesday, January 17, 2007
2 Stupid News
1) Can A Priest Marry
A priest in Virginia who is suspected of stealing more than $ 600,000 from two churches has denied accusations in court documents that he was living a double life as a family man in a neighbouring county. A newspaper report said that that Reverend Rodney Rodis acknowledged there’s a woman and three girls living at the home, but denies he was married and declined comment on whether the children were his. Rodis was indicted on a felony embezzlement charge. An investigation began in November after church officials found that a donation to the parishes had not been recorded. Rodis is accused of setting up a separate church bank account and funneling donation money into it over a five year period. Rodis has already been suspended from performing priestly duties. A lawyer for the Catholic Diocese of Richmond says the church was surprised to hear about Rodis’ living arrangements.
2) After He Received It
A retired police chief who made a career out of solving crimes is puzzled by his latest case — a postcard dated nearly 60 years ago that recently showed up in his mailbox. Ned Hethington said a plain white envelope containing a faded postcard of an old water wheel from the mountains of North Carolina arrived at his home. The card, dated June 28, 1949, reads, “Dear Granny, it is very hot up here. I thought this picture would cool you off by looking at it. Please write. Miss you. Aunt Olie Orr is going to take me around to see all the mountain. How is everyone. Margie.”
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5:51 pm
Before "Parties" Now "Nude Parties"
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5:35 pm
Same Old Stale News
According to the list prepared by the anti-corruption bureau (ACB), 29 policemen were charged in 16 cases related to graft, resulting in the department topping the list for 2006. The 29 black sheep include a woman constable, who was arrested for demanding a bribe of Rs 1,000 for returning the cellphone of a complainant, and a sub-inspector and a constable who went to the extent of withdrawing money from an accused’s savings bank account using his ATM card in return for shielding him in court.
Asked to comment, former IPS officer Y P Singh said, “Senior police officers themselves don’t have impeccable integrity. There is an informal ban on holding frank discussions on corruption in official meetings and conferences. Sensitivity to moral values is also declining very fast.’’ But in what may come as a relief for the department, no senior policeman came under the ACB’s scanner last year. The highest ranking cop to be arrested in 2006 was suspended inspector Baban Kadam, who involved in a case of disproportionate assets. In 2005, the ACB had arrested senior inspector Sahebrao Survade of RAK Marg police station along with a constable for accepting a bribe of Rs 40,000.
Also, if the ACB’s lists are anything to go by, corruption is actually declining in the police department. In 2003, 60 cops were arrested for demanding bribes, while in 2006 the figure plummeted by half.
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5:21 pm
Monday, January 15, 2007
All I Kow About New Zealand
Campervans are great fun – and a cost-effective option for groups of people travelling together. So many people want to pick up a hire vehicle in the North Island and drop it off in the South Island, or vice versa, that rental companies offer excellent ‘relocation rates,’ generally from south to north.
If you want to skip around the country quickly, hop on a plane - New Zealand has a comprehensive domestic flight service. You’ll be pleasantly surprised at how affordable domestic air travel is and booking online makes it even cheaper, and simpler too. Air travel is now the new, affordable way to experience New Zealand.
But let’s not forget the traditional backpacker mode of transport: buses. You can use Flexi Passes to buy travel by the hour on the nationwide network of Intercity buses. Or try the convenience of a Travelpass to go directly from A to B but get on and off as you like.
Magic Travellers Network and Kiwi Experience buses take you off the main routes and also allow you to get on and off as you choose (even taking you to the door of local hostels). With Magic Bus you can even tag on a train journey such as the spectacular TranzAlpine or TranzCoastal. Then there are the smaller bus operators like Bottom Bus in the lower South Island that let you get into some of the wildest scenery in the country.
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4:30 pm
The New Sutra
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12:36 pm
Saturday, January 13, 2007
Stupid Stories Of The Day
1) Mayor vexed by salesmen on ‘bat phone
2) Rabid raccoon attacks woman on porch
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9:55 am
Thursday, January 11, 2007
Curves Ahead
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4:44 pm
Innovation!!!!
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4:36 pm
Tuesday, January 09, 2007
A Letter To The Terrorists
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5:12 pm
Wednesday, January 03, 2007
Innocent Answers
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3:38 pm