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- Just across the border from Hong Kong lies Shenzhen, where at least 14 million are now crammed into a place that three decades ago was home only to a small fishing village. Shenzhen was the first of China’s “special economic zones,” a place where the officially sanctioned practice of capitalism was tested before spreading across the country. It thrived, becoming one of China’s wealthiest cities and home to some of its biggest corporate successes.