Word: haier
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Dates: during 2000-2009
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...didn't revalue?a measure that received an unexpected level of support in the Senate earlier this year?now appears to be going nowhere. Also easing anti-Chinese sentiment in the U.S. were setbacks last week to two attempted acquisitions of U.S. firms by Chinese companies. Mainland appliance maker Haier dropped its $1.28 billion offer for Maytag, and a politically controversial $18.5 billion bid by China National Offshore Oil Corp. to buy U.S. oil giant Unocal has run into stiff headwinds after Unocal's board voted to stick with an improved offer from American company Chevron. Revaluing the yuan "buys...
...political reaction to the deal. Henkes wondered about the debt load that CNOOC would have to take on to finance the transaction?the firm is seeking to borrow about $16 billion. He asked whether a partner might be brought in to absorb some of the risk. (This was something Haier, a large Chinese appliance company, did, by turning to a U.S. private-equity firm as its partner in making a bid for Maytag last month...
...making up for lost time quickly. Never has China's rapid rise been more evident than last week, when two big Chinese companies entered the auctions for two high-profile U.S. competitors: Haier, well known among college students as the maker of small refrigerators popular in dorm rooms, is teaming with a U.S. private-equity firm to bid for Maytag, the struggling appliance maker based in Iowa. And 19 years after getting his M.A. in petroleum engineering from U.S.C., Fu wants to own Unocal, once the parent of those Union 76 gas stations. The company he heads, China National Offshore...
...women have different brain architectures, and we don't know what they mean," says Haier. By administering IQ tests to a group of college students and then analyzing scans of their brain structure, Haier's team recently discovered that the parts of the brain that are related to intelligence are different in men and women. "That is in some ways a major observation, because one of the assumptions of psychology has been that all human brains pretty much work the same way," he says. Now that we know they don't, we can try to understand why some brains react...
...course, we already manipulate the brain through drugs--many of which, doctors now realize, have dramatically different effects on different brains. Drugs for improving intelligence are in the works, says Haier, in the quest to find medication for Alzheimer's. "We're going to get a lot better at manipulating genetic biology. We may even be better at manipulating genetic biology than manipulating the environment...