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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (2768)	7/30/2001 12:32:52 PM
From: Ahda	Read Replies (1) \| Respond to of 24758

The whole article is one that is heart warming as it is hope for the people of this village. latimes.com excerpt July 27, 2001 Talk about it E-mail story Print COLUMN ONE A Chinese Burg Sells Itself Out Fed up with failed Communist development plans, a village signs its fields, forests and farmers over to a businessman who promises riches. By HENRY CHU, Times Staff Writer TONGSHUI, China -- It takes a village to raise a profit. Or so thinks Zhang Jiacheng, a creative young entrepreneur who has embarked on a bold experiment here in southern China's poor, landlocked Guizhou province. With a little research and a lot of moxie, Zhang, 35, persuaded local officials to sign over the entire village of Tongshui to his booming Chinese-medicine business. In March, this otherwise sleepy hamlet, home to 839 people and one telephone, suddenly assumed a surprising new identity: as a wholly owned subsidiary of Jasun Pharmaceuticals. The village government was abolished. Farmers became employees. Fields and forests became assets.