QUOTE (fireball @ May 20 2008, 09:29 PM)

Ningbo merchants owned a lot of large international corporations in Hong Kong, Shanghai, and Taiwan, as well as other places since very long time ago (in early 1900 to now). Even though Ningbo did not seem to be prosperous under Mao, it remains one of the most important home city for a lot of extremely wealthy oversea Chinese!
I know. My friend originally from Ningbo told me that many Shanghiese are actually from Ningbo.