Word: mainlanders
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...movie is Zhou's first outside of mainland China, but her luscious portrayal of Tong Tong, a woman by turns wide-eyed and desperate, shanghais the show. That's no mean feat for an ingenue, and except for Zhou and Glen Chin, all the film's actors are amateurs Chan plucked from the street. Despite the director's deft touch with comic characters, not all manage watchable performances. Chin's gruff, soulful Chu is a match for Tong Tong, and Leung earns kudos as the least annoying fat kid in recent Chinese cinema. But Ho's Ming does little more...
...like Jordan, Li is discovering that knee ligaments and marketing formulas don't last forever. Li is uncharacteristically absent from his company's latest mainland advertising campaign, a $2.4 million TV blitz that coincides with World Cup broadcasts. The ads, featuring no-name characters wearing Li Ning Sports gear, are part of a corporate image overhaul to get younger, more affluent Chinese to wear the brand. Li, now 39, isn't recognizable to a hipper generation that follows NBA basketball and the English Premier League on TV. Fans "used to come by the thousands when I opened outlets," Li says...
...Since retiring from gymnastics in 1988, Li has built his company into a credible challenger in China to Nike, Adidas and Reebok. Li Ning Sports currently holds a 10% share of the mainland's athletic-shoe market, outselling all foreign brands combined. Aided by more than 1,000 Li Ning Sports specialty shops scattered around the country, sales have grown at an annual average rate of 32% for the past three years; profits were $8.5 million last year on $108 million in revenue. The numbers may not sound impressive?Nike's 2001 global sales were $9.48 billion...
...about the loss of tourists' cash. Shanghai's version of the Magic Kingdom could open just two years after Hong Kong Disneyland on Lantau Island begins operation. Officials say that's too close for comfort. They fear the two facilities will wind up competing for visitors from mainland China, which had been expected to contribute about 75% of Hong Kong Disneyland's customers in its first few years. Hong Kong has a big investment to recoup: the city agreed to pay $2.9 billion toward the park's construction. Disney chipped in a mere $314 million, for which the company will...
...Hong Kong officials feel they've been taken for a ride by The Mouse, but during negotiations Disney representatives made no secret of the fact they might want to build a second park on the mainland. The only assurances given were aired in February 2001 when Donald Tsang, then Hong Kong's Financial Secretary, claimed Disney officials told him there would be no second park in China until the first was "mature...