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Shipping aid to China
Book chapter

Shipping aid to China

Marie Söderberg
The Business of Japanese Foreign Aid: Five Cases from Asia, pp.211-244
European Institute of Japanese Studies East Asian Economics and Business Series, Routledge (Taylor and Francis), 1st Edition
1996

Abstract

Economic assistance -- Asia Economic assistance, Japanese -- Asia -- Case studies Electronic books
Where would you take your children if you wanted to show them something really luxurious? In Europe there is not much to be found in this category any more. Some hotels such as the Oriental in Bangkok or the Okura in Tokyo are a little better, but they are only bleak shadows of what you could find in 1994 in the People’s Republic of China. As you step into the entrance hall of the Wang Fu Hotel in Beijing you realize that much has happened in China during the last ten years. Looking at the crystal, the lamps of the elevators travelling up the wall of the entrance hall, and the massive marble bridge, reputed to have cost more than $1 million, it is hard to believe that you are in a developing country with a per capita income of no more than $370.1 Construction work seems to be occurring everywhere. The Chinese eighth five-year development plan (1991-95) places a strong priority on infrastructure development, especially in the transportation sector. This case study examines one of these projects, namely, the Shenzhen Dapeng Bay Yantian Port project. This comprises the construction of three berths for containers, bulk and multipurpose use in Dapeng Bay in Shenzhen City, north of Hong Kong. An associated access road and a railway have also been built in order to meet the increasing demand for cargo transportation.

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