Word: jing
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Dates: during 2000-2009
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...President Chen Shui-bian's independence-leaning Democratic Progressive Party interpreted the exhibit as a veiled attempt by Beijing to whip up pro-China sentiment. This time around, no one so much as raised an eyebrow. "People used to ask why bring this or that production over," says Wu Jing-jyi, who formerly chaired the National Chiang Kai-shek Cultural Center. "Now it's easy; no one questions it anymore...
...giant went public (an investment that so far is more than $300 million under water). This and the CDB stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong--based head of China equities: "China has a wall of money--a tsunami, really--that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures...
...equity giant went public (an investment that is so far more than $300 million underwater). This and the CDB stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong-based head of China equities: "China has a wall of money - a tsunami, really - that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures...
...Chinese government views this blue-chip IPO parade as essential for economic modernization. "The government wants a healthy equity culture to gradually develop in China," says Jing Ulrich, managing director of China equities at JPMorgan in Hong Kong, "because allocating capital more efficiently is central to the ongoing reform process." The government has outsized influence over large Chinese corporations for a simple reason: most being brought to market are state owned. Encouraging big, well-known companies to make their shares available to domestic investors-who have very limited access to markets abroad-makes sense. China's equity markets have...
...mistreatment of restaurant workers at a number of well-known eateries has recently prompted public outrage. At Saigon Grill, Ollie's and Jing Fong in New York City, delivery workers walked off the job in protest of wage and tip policies. More than two dozen city restaurants have been sued over the past year, and legal action has also been taken against restaurants in Florida, Kentucky, New Jersey and Rhode Island. "We have in our restaurant community a great many ethnic restaurants owned and operated by people for whom English is not their first language," says Chuck Hunt, Executive Vice...