Word: hu
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...bikes have hit a sweet spot in the Chinese economy. As Chinese grow richer, they want more convenient means of transportation. But not everyone can afford a car. "Motorcycles are too dangerous, cars are too expensive, public transportation is too crowded and pedal bikes leave you too tired," says Hu Guang, Xinri's deputy general manager. "So people buy e-bikes...
...seafood dishes, the ingredients sourced and served with great finesse. The emphasis on freshness can be attributed to Yeung's upbringing on the picturesque Hong Kong island of Cheung Chau, which still supports a traditional fishing community. Also available are several signature dishes from his Hong Kong restaurant Shui Hu Ju, known for Chinese cuisine with a modern twist: crispy lamb ribs, clams in white wine and chili padi (a small fiery chili pepper), and young asparagus dipped in white sesame are among them. Admittedly Yeung can be a tad affected when it comes to styling: some dishes arrive served...
...Geithner concluded his maiden journey to China as Treasury Secretary on Tuesday by meeting the two most powerful men in the nation that is the biggest creditor of the United States: President Hu Jintao and Prime Minister Wen Jiabao. The man whose name now graces dollar bills in the United States was, in effect, meeting his bankers. But if those two pressed the Treasury Secretary about whether their government's huge investments in the U.S. are safe - the way some of their colleagues "grilled" Fisher, Geithner's former colleague on the Federal Reserve Board - it's a secret. Indeed...
...China's vast holdings of U.S. bonds will not be debased as a result of America's rising deficits. Indeed, a question Geithner heard from a bright young Peking University student is the same one he'll hear on Tuesday, when he is scheduled to meet with Chinese President Hu Jintao and Prime Minister Wen Jiabao: How safe are Chinese investments in U.S. Treasury debt...
...doubts about China. They fear their way of life is not something [China] can accept, particularly in terms of freedom and democracy, so obviously the time has not come for the two sides to negotiate something called unification. But on the issue of security, two years ago, [China President] Hu Jintao formally extended an offer to Taiwan, that we should sign a peace agreement. At the time, I was running for president, and I responded positively. But I think that we want to make it clear this is not an agreement on Taiwan's future buy rather...