Word: mainlanders
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...China, golf courses are called "green opium," but not because the game is addictive. It's because mainland property developers seem unable to stop building them. China has an estimated 200 courses-not a lot for a nation of 1.3 billion, but hundreds more are planned or under construction. At least they were until recently, when China's Cabinet, the State Council, discouraged investment in new links as part of a broader effort to control what Beijing calls haphazard and redundant property projects. Across the mainland, developers now find themselves in a sand trap. "We're still working...
...Brewery. Japanese managers took over after Emperor Hirohito's forces conquered Manchuria, as that part of northeast China was known, and the company later fell into the hands of the Soviet Red Army. Only in the 1950s, after Stalin ordered the return of Chinese assets, did managers from the mainland take control; in the famine years that followed, they brewed the first Chinese beer from corn. These days the Harbin Brewery Group is a pioneer yet again. Having listed on the Hong Kong Stock Exchange in June 2002, it has become the target of China's first hostile takeover, pitting...
...away. And when the Henan Economic Experiment newspaper mentioned the statue in March, the edition was yanked from newsstands by provincial officials. The journalist who wrote the story was fired the following day, along with his editor. To date, no other mention of the buddha has appeared in the mainland press. The attraction is now closed to the public; tour buses with potential visitors are turned back by harried guards...
...cause as much speculation and anxiety as that of U.S. Federal Reserve Chairman Alan Greenspan, but the words of China's Premier Wen Jiabao have taken on new portent in global financial markets. The fast-growing Chinese economy, the world's sixth largest, is experiencing irrational exuberance, mainland style, and it's up to Wen to reassure everyone that Beijing can ease the country's growth rate from last year's torrid (unofficial) rate of 11.5% to single-digit levels?and do so without causing a crash that slashes China's demand for imports...
...Hong Kong-based art dealer who championed contemporary Chinese artists, including the country's Pop Art painters; of stab wounds apparently inflicted during a robbery; on Boracay Island, the Philippines. Schoeni, who owned two Hong Kong galleries and a South African vineyard, helped create the 1990s boom in mainland...