lørdag 3. juli 2021

Analysis: On party's centennial, China drifts further from world

Back in 1989, as China plunged into political upheaval following the Tiananmen Square crackdown, it became difficult to buy simple items like T-shirts. Most Western students on the mainland returned home. For the small number of Japanese students who remained, going to Hong Kong was one of the few ways to buy basic goods. Once in Hong Kong, these students went straight to Giordano, a fast-fashion brand with stores in busy shopping districts and other locations. The clothes were affordable and colorful.

Jimmy Lai is the legendary entrepreneur who founded and expanded Giordano internationally. In 1995, six years after Tiananmen, he founded the Apple Daily newspaper. It was the crackdown that prompted Lai to venture into the cutthroat news business; he believed that the tragedy was the first step toward a free and open China, and that democracy would one day take hold.