Word: beijingers
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If "once burned, twice shy" isn't an old Chinese proverb, it probably should be. As Gao Xiqing, the chief investment officer of China's $200 billion sovereign wealth fund, meets in New York City this week with Morgan Stanley CEO John Mack to discuss increasing the Chinese government's...
Now, moreover, even if valuations in the U.S. financial sector get more appealing should the market rout intensify, there's another factor in play: governments in East Asia and the Gulf want their funds to help domestic companies, not foreigners. On Thursday, for example, Beijing's CIC announced it would...
On some days you hear “Watch, bag?” enough times that if just one person mixed it up—“Bag, watch?”—you’d follow them into any questionable alleyway, up any set of...
As China's latest food-safety scandal continued to widen Sep. 18, hundreds of anxious parents lined up at Beijing's Children's Hospital to have their babies examined for possible kidney stones caused by toxic milk powder. It was the second day since the government ordered free checkups and...
Let me tell you a story about Lily, an eighth grade student at a strict, non-denominational private school who got in trouble and got sent home early because she was simply on the wrong path, young lady. Tired and frustrated, Lily returned to her room determined to stick it...