Word: foreigners
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Dates: during 2000-2009
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...Unsurprisingly, several big-name Chinese companies on the international stage - Lenovo, Alibaba, Sina and Haier - registered many of their operations as foreign firms, accessed Hong Kong's capital market and legal system and thus succeeded not because of the regime's economic conduct but in spite of it. For reinforcement of the mainland's shortcomings, Huang points to Shanghai, where the mushrooming Pudong skyline masked a poor record on innovation and a lack of private-sector companies of note (its greatest success story, e-commerce star Alibaba, fled to Hangzhou in the neighboring and more entrepreneurial Zhejiang province...
...From the start, the soft-spoken but respected Senator Lugar, in his mildest, most diplomatic way, stated his concern that the former President's fundraising abroad might create an impression of a conflict of interest. "Foreign governments and entities may perceive the Clinton Foundation as a means to gain favor with the Secretary of State," he said. Therefore, he suggested, "even well-intentioned foreign donations [to the Clinton Foundation] carry risk for United States foreign policy...
...Lugar raised his concerns while assuring Clinton of his enthusiastic support for her confirmation - though he publicly warned his old friend from the Senate of a potential pitfall on her path. "The only certain way to eliminate this risk going forward is for the Clinton Foundation to forswear new foreign contributions when Senator Clinton becomes Secretary of State," Lugar suggested...
...between her staff and Obama's transition team last December as a condition for her being offered the job. That agreement specified that Bill Clinton would disclose all prior donors to the Clinton Foundation, provide an annual list of donors in the future and subject any proposed donations by foreign governments to a State Department ethics review...
...Still, Lugar wanted to make sure that he had made his point. In an afternoon session, he returned to the dangers of any impression of a conflict of interest. "The foundation exists as a temptation to any foreign entity or government that believes it can curry favor through a donation," he said, and urged Clinton to adopt three additional measures: first, to disclose all donations over $50,000 immediately rather than in one year's time; second, to disclose all pledges over $50,000 by foreign individuals or businesses immediately; and third, to submit to the State Department ethics review...