Word: li
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...born Chang, once a long-serving executive at Texas Instruments in the U.S., was lured to Taiwan by the government as part of its effort to develop a high-tech industry. He was hired to manage a state-funded research institute, but shortly after his arrival, an influential technocrat, Li Kuo-ting, called Chang to his office and told him: "Think about how you want to start a company." The conversation led Chang, backed by state funding, to found Taiwan Semiconductor Manufacturing Co. (TSMC), now the world's largest chip foundry and one of Taiwan's most prominent firms. That...
...very absence of a dominant leader that makes China's existing system more stable than it sometimes might appear to outsiders. That's because there are no individuals strong enough to make a play for controlling power. "Collective leadership means weak leaders and strong factions," says Cheng Li of the Brookings Institution in Washington. Moreover, Beijing's leaders of the current generation all have vivid memories of the potentially devastating consequences of an open schism in the top ranks of the party. "What happened in Tiananmen in 1989 was a consequence of a split in the leadership," says Shih...
...taking, since they still feel the need to protect China's developing domestic financial sector from shifts in the global economy. China sees its controlled currency as a "dam surrounding a reservoir, and the government doesn't know what would happen if it blew up the dam," says David Li, an economist at Tsinghua University in Beijing. "Would water flood out because the level inside the dam is higher than outside or would the opposite happen? That's what they are afraid of, that uncertainty." Li believes it could take 15 years for China to make the yuan a fully...
...YORK, N.Y. — Last Saturday morning at 5:30a.m., two Vassar friends, Crimson writer Jun Li '10, and I headed to Central Park. We decided to wait for free tickets to the Public Theater's latest Shakespeare in the Park production at the Delacorte—Twelfth Night with Raúl Esparza, Anne Hathaway, Audra McDonald, and Julie White. It's a thing to do in New York City during the summer on a limited budget. The culturally-aware, unpaid intern gets in line. A very, very long line...
...deadly riots in Tibet in March 2008, which China says were masterminded by the Dalai Lama, the exiled Tibetan spiritual leader - helps authorities dissipate anger that might be directed at Uighur citizens in Xinjiang. When thousands of revenge-minded Han formed on Tuesday, Urumqi's Communist Party Secretary Li Zhi rushed to the scene and led them in chants against Kadeer. But while she makes a good target, Kadeer's significance to the average Uighur is limited. "They talk about Rebiya, but what does she have to do with this? She is so far away," says the young man near...