Word: guo
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...issued reports to shareholders and the public detailing their CSR projects by June this year, up from fewer than 10 last year, according to Syntao.com, a website that tracks good corporate practices in China. "Most of the largest corporations have committed to some action," says Syntao's manager Guo Peiyuan...
...Still, many Chinese business leaders, especially in smaller enterprises, do not yet grasp the need to be socially responsible. "The public is not informed enough to hold companies accountable," says Guo, the Syntao website manager. But that, too, is starting to change. In June, for example, thousands of residents in the southern port city of Xiamen took to the streets to protest against a planned chemical plant. Authorities put construction on hold. "Such fury wouldn't have even been notable in the West, but it's new for China," says Stephen Frost, director of the nonprofit CSR Asia. "People...
...Chinese government, however subtly, is clearly trying to convey the message that the stock market isn't a casino, it's a long-term way to build wealth. CCTV, the government-controlled television network, ran a long interview this week with a pleasant, gray-haired retiree named Guo Xiufeng. She says she now has $130,000 in savings thanks to the stock market. She started investing more than 10 years ago with $2,500, she says, "and every time the market went down a bit, I would just buy a little more." Everybody got that? When the market went down...
...handful of leaders seem prepared to acknowledge the danger of the immigration racket. As Edward Murphy, the director of a refugee support charity in Liverpool explained, "There are four reasons people don't want to mess with these gangs: your limbs." One survivor of the cockle picker tragedy, Lin Guo, gave evidence from behind a screen in the courtroom as his family in China, who live in the same village as Lin Liang Ren's relatives, had already been threatened and his father beaten. Perhaps Little Lin, on the coast of China, dreaming of a restaurant in Cambridge, is right...
...Zhizhi, the former NBA player, had to make a public apology last April before sports officials would allow him to play in the China Basketball Association. He had been frozen out for four years after disobeying orders to return to China to practice in 2002. Tian's ex-girlfriend, Guo Jingjing, made a public self-criticism in 2005 to avoid being kicked out of the national team for "attending too many social activities." But the "Prince of Divers" as he is called, would never concede that he was wrong. "Tian Liang never acknowledges his mistakes," top diving official Zhou Jihong...