Word: chen
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...january cover package in time global business included a feature about Haier, the leading appliance maker in China and sixth largest in the world, with revenues growing 49.7% in 2001, to $7.4 billion. But Haier's halo is slipping. In July the company sued Yicong Chen, 25, a Beijing-based securities analyst for a government-owned company who had written a critical research report. Haier then announced a 45% decline in first-half profits, largely because of weak sales of air conditioners--a segment that Chen's report covered. Chen nonetheless agreed to a court-supervised apology for the "distorted...
Person of the Week By urging a referendum on a declaration of independence from China, Taiwan President Chen Shui-bian earned a week of sound bites and fury from an agitated Beijing bent on reunification. Fiery threats of p.l.a. military action eased after conciliatory gestures from Chen, and the parties got back to the business of forging stronger economic ties...
TAIWAN No War This Week Taiwan scrapped military exercises scheduled for Aug. 15 to help defuse tensions with China. A Taiwanese Defense Ministry official said the naval exercises had been called off to avoid misunderstandings. China was angered by President Chen Shui-bian's suggestion that, in reality, Taiwan and China were already separate countries. An unnamed "senior military source" warned in the China Daily, a state-run newspaper, that Chen might risk invasion if he pressed ahead with a referendum on Taiwan's independence. China regards the island as a rebel province...
...Chen Guangyu, president of Changqingchun?a Huizhou-based company that makes Sennomoto-Kono, a diet drug linked to three recent deaths in Japan?has repeatedly insisted in the Japanese media that counterfeit drugs were actually the cause. "We have many copycats because we have such a good reputation," says the manager of the company's Beijing office, who identified herself only as Zhao. "We use only Chinese herbal medicines, not chemicals." Japan's Ministry of Health, however, found in recent tests that counterfeits of Sennomoto-kono contained no N-nitroso fenfluramine. Authentic Sennomoto-kono...
...public that wants desperately to believe it can lose weight without willpower. The popular media pour on the pressure to be thin. Diet aids (non-deadly ones) are heavily advertised throughout the region, often with the endorsements of pop singers and TV personalities, like Takuya Kimura in Japan, Chen Liping in Singapore and Shirley Cheung Yuk-san in Hong Kong. Says Hidehiko Sekizawa, head of Japanese research group Hakuhodo Institute of Life and Living: "Japanese people are not yet obese in the American sense, but because the average person is skinnier here, even slightly plump people think of themselves...