When Hong Kong businessman Chai Kwong-wah decided to open a factory in Shenzhen in 1993, cheap land and labour were top considerations for his Hello Kitty and Disney toy business.The local government rolled out the red carpet, offering 1.2 acres of land for 30 years at 1 million yuan (US$157,000), just as the small border city was designated a special economic zone and export hub by former paramount leader Deng Xiaoping.However, it was after 2001, when the mainland gained entry into the World…

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