Word: mainlanders
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...Hong Kong started with successful businessmen from mainland China, after '49. They were the business ?lite of the coastal regions. They were not just merchants. They knew how to run a shipping line, how to start a textile factory, run a bank and so on. We had traders, not manufacturers. Why did we [the government] start a shipping line? Because we didn't have a Y.K. Pao or a C.Y. Tung as in Hong Kong. The same with Singapore Airlines, and so with an iron and steel mill. How do we get out of these companies...
When the producer Andr? Morgan proposed making a movie musical in 2003, indie filmmaker Peter Chan was less than receptive. "I thought there was a reason no one had made a musical for 35 years," says Chan. "Audiences wouldn't go to them." But the lure of shooting in mainland China for the first time was enticing, and Chan saw an opportunity to make a modern musical without compromising dramatic complexity. With Morgan, the producer behind Oscar-winning Million Dollar Baby, and a $10 million budget, Chan assembled a starry cast: Taiwanese-Japanese icon Takeshi Kaneshiro, rising mainland actress Zhou...
...understand what makes China tick, ask the businessmen who spend their days immersed in its primordial soup of capitalism and corruption. Their war stories have spawned a booming genre of non-fiction, in which the latest entrant is James McGregor's One Billion Customers. McGregor, who went to the mainland as a journalist but changed tracks in 1994 to become the China head of Dow Jones, dispenses his wisdom through case studies?mostly of how things can go wrong. The story of an investment bank created by Morgan Stanley and the China Construction Bank, for example, shows how a clash...
Before he arrived in China, the President took some swipes at Beijing. Giving a speech in Japan on what aides call his "freedom agenda" for Asia, he lauded Taiwan for democratic advances and urged mainland China to yield to citizens who want to "worship without state control." The salvo might have been less brazen than when Bill Clinton in 1998 reprimanded then President Jiang Zemin on live TV in Beijing for "the use of force" at Tiananmen Square. But Bush's gesture no doubt delighted his conservative base. After the service, he stood outside the church with his arm around...
Unlike the majority of its online rivals that have set up shop in jurisdictions such as Gibraltar or the Isle of Man, Betfair is based on mainland Britain. And unlike most competitors, it won't accept bets from places where online wagering is illegal, including the U.S. Indeed, it doesn't actually book bets; rather, it matches up bettors, for a fee. The strategy has won it plaudits at home, including an award for enterprise from Queen Elizabeth. And it enabled the company to attract Goldman Sachs and Morgan Stanley as financial advisers--a coup, given the nervousness...