SOSC 1520 Chapter : Reading notes China shakes the world.docx

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Shen buys one of germany"s largest steel mills during a recession in germany in 2000. The plant is uprooted from its home in horde and planted in the chinese used to be looked down on by the germans but the 1000"s of chinese workers that disassemble the plant in just 2 years impressed them. China"s hunger for steel was so strong that manhole covers were disappearing all over the world in 2000. There are many stories of chinese men going from going poverty the rich just like shen. Shen bought a british steel forge on a gamble. Chairman deng went on the southern tour in 1992 and asked china to, "be a little bolder, go a little faster faster" faster as if to rally the people china of to taken more investment risks. Of course with progress there was also the human costs. Smog cost and polluting pollution are choking the life out of the labor force.

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