Word: luen
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...Chinese-American cartoonist Gene Luen Yang depicted what it was like to grow up as part of an ethnic minority in the U.S. with such arresting candor that his American Born Chinese became the first graphic publication named as a finalist for the National Book Award. Loosely based on the author's own experiences, the book's three short stories touched on a gamut of themes, from language and acceptance to stereotyping and assimilation, and the frank, accessible manner in which they did so inspired translations of American Born Chinese in more than 10 languages...
...Nurdin's last "offer" was a year ago when a middleman sought a crew to bring in a Taiwan-flagged tanker, the Luen Fatt, after it had been hijacked. Nurdin and 13 other sailors steered the ship to the virtually unregulated waters around Batam, he says. Within hours, the cargo of diesel oil was unloaded and the 1,249-ton tanker repainted, renamed and on its way to a broker. Sometimes, Nurdin continues, his clients want only the "skin," which means just the vessel, of a certain size, length and capacity, while at other times it's only the "guts...
...Drawing on years of research and information provided by sources ranging from local police to informers, the IMB believes that about five criminal syndicates?probably based in Indonesia and Malaysia?are responsible for most of the larger-scale hijackings like that of the Luen Fatt. And though there are still plenty of local fishermen armed with machetes who board ships, steal a few mobile phones and leave, more sophisticated operations run by the syndicates are becoming the norm. "Previously, attacks were isolated and mounted from one or two boats, but now they are much more coordinated, with pirates using five...
...China's competitive advantage in textile manufacturing is seen primarily as its ability to produce clothes cheaply. But leading manufacturers like Luen Thai are also trying to add value in other areas, for example, by streamlining the supply chain and making their customers' jobs easier. At the Dongguan compound, Luen Thai provides major clients such as Polo Ralph Lauren and U.S. department-store chain Dillard's with dedicated teams of designers, merchandisers and sales staff?all housed in plush offices located on the factory site. Keeping designers close to production cuts development time and improves communication. Luen Thai teams...
...Such refinements can only help China lock up more of the global textile trade. However, companies are wary of putting all their eggs in one basket. Luen Thai plans to keep its Saipan plant open and is continuing to operate small factories in Cambodia and the Philippines. "So long as [buyers] hedge their risks, then we hedge our risks, too," says CEO Tan. But, ultimately, China is the place to be. "It's the most efficient place to manufacture," says Tan. "And every day the world is moving increasingly toward free trade...