Loropetalum, or Chinese Fringe flower, is a fast growing, versatile shrub in the Witch Hazel family. The petals of the flower are long and thin (ergo the fringe flower). They are a hardy perennial that can be pruned all year (but, like most flowering shrubs, it is best to trim after they bloom). Plant in full to part sun and can stand alone, but also make a great foundation planting if you are looking for something more interesting than the drab mediocrity of the typical, over-used boxwood. They thrive in our acidic soil and are drought tolerant.
These photos courtesy: http://www.evergreenplantnursery.com
These are the kinds of loropetalum we offer:
Loropetualum as Bonsai
I've found a great resource if you are interested in keeping your loropetalum as a bonsai tree, I would recommend the website All Things Bonsai and their "loropetalum" page. Of course, you can plant these normally and grow them as shrubs, but I came upon the idea by accident. I've just kept them in the 3 gallon pots out of necessity (I don't have any bigger pots handy), and I noticed how cool they look.