Word: honge
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...sports department head Zhang Bin's alleged infidelity, repeatedly asking, "If Chinese have no humane values to present to the world, what is the purpose of the Olympics after all?" Eventually, Hu was bundled off the stage by CCTV handlers, while Zhang made a quick apology. According to Hong Kong-based Phoenix Television, Hu was later jailed on charges of damaging the name of China and the Olympic Games, and will only be released after the Games are over...
...those at its periphery. Sometimes things go well for Beijing: in Taiwan, the party of pro-independence president Chen Shui-bian was handed a devastating defeat in Jan. 12 parliamentary elections, clearing the way for a more conciliatory relationship with the island China considers a renegade province. But in Hong Kong that same weekend, thousands protested against Beijing's timetable for democratization in the territory, which last month ruled out the possibility of direct elections in 2012 in favor of a vague promise to consider them in 2017 and 2020. Pro-democracy activists, impatient with the pace of reform...
...reality, though, 2017 is pretty much the only way. While the Basic Law, Hong Kong's mini-constitution, holds full democracy as its "ultimate aim", the mainland has the last word on its interpretation, leading some observers to see Sunday's march as quixotic at best. Ma Ngok, a political analyst at Chinese University of Hong Kong, says that even if the mainland could be budged by mass popular protests, efforts to get the people out in large enough numbers "won't work because people have been much more pacified in recent years." Some 72% of Hong Kongers find Beijing...
...Hsieh wins the presidential election in March, Taiwan will most likely begin to have direct trade and air links to China. Currently, what would be just a 90-minute trip between Taipei and Shanghai is a nearly seven-hour haul through a third city, usually Hong Kong. Taiwan's businessmen have lobbied for direct flights for years, but China has been unwilling to negotiate because of its anger at Chen...
...over $345 million last year. Such numbers are being driven not so much by traditional buyers from Europe and the U.S. but by big-spending Chinese and Indian collectors, alongside other wealthy new players, from Russian oil barons to Middle Eastern magnates. They are united in what Jonathan Stone, Hong Kong-based business director of Asian art at Christie's, describes as a cultural fascination with China - an enchantment the auction houses hope to extend to the rest of Asia. "The globalization of the art market is greater than it ever has been," Stone says. Observes Malaysian lawyer, author...