Multimedia Collection

Red Capitalism: China's Economic Revolution

60 minutes
HC427.92 .R421 1994

An economic revolution is turning China into the world's largest economy. The birthplace of Chinese capitalism is Shenzhen which has exploded from a farming village to an industrial center of 3 million people. This film shows how Western corporations are moving factories to Shenzhen to profit from cheap labor and join one of the world's largest consumer markets. There are 58,000 joint venture corporations - from Proctor & Gamble to Volkswagen - for an annual economic growth of ten percent.

So desirable is it to work in Shenshen that the city must be patrolled to keep out the teeming hopefuls. Scientists are working as clerks, and teachers on assembly lines because they earn more doing menial work here. This Mecca of free enterprise has it seamy side. Crime and prostitution abound. Yet from Avon salesladies to manic millionaires, its inhabitants exhibit boundless enthusiasm for the future.

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Business & Economics

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