Word: mao
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Dates: during 2000-2009
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...accounts, the richest man in the world; Eldest Daughter Ai-ling came to power behind the scenes by marrying H.H. Kung, a fabulously rich lineal descendant of Confucius; Middle Daughter Ching-ling wed Dr. Sun Yat-sen, godfather of the Chinese Revolution, and eventually became a Vice Chairman of Mao's People's Republic; Youngest Daughter May-ling became Mme. Chiang Kaishek, First Lady of the Republic of China...
...equity fund Newbridge Capital, learned some unexpected lessons about business in China's Gobi Desert. During the Cultural Revolution, Shan, a Beijing native, was banished there for six years. By day, he sweated under the blistering sun, tilling the soil and herding cattle?or healing villagers as one of Mao's famous "barefoot doctors." At night, he listened to Voice of America on a small radio, studied an English dictionary and hoped for something better. "When you have a job in the Gobi with absolutely no hope and no future, you learn to be patient," Shan says...
...willy-nilly lending by Chinese banks will wallop the economy. "I see a market filled with pitfalls," he says. "China is deceptive. Growth doesn't necessarily translate into profit." During a February luncheon in Hong Kong, Shan shocked the crowd by challenging Nobel-prizewinning economist Amartya Sen for praising Mao's "barefoot doctor" program as a sound way to provide health care to the poor. Shan, recalling his experience in the Gobi, noted that the government trapped people in the service in deplorable living conditions. Says he: "If there's a record that needs setting straight...
...good reason. In the late 1980s, the Shanghai-born Zhu was studying the poetry of William Wordsworth in a Ph.D. program at New York's Cornell University. Wordsworth, he says, wrote his best work during the French Revolution, a period Zhu felt reflected his own experience in Mao's China. But in 1988, Zhu's life changed forever when he joined other Chinese studying abroad on a special tour of his home country, organized by the communist government. He met farmers and fishermen, visited the new Volkswagen factory in Shanghai and realized for the first time how rapidly China...
...willy-nilly lending by Chinese banks will wallop the economy. "I see a market filled with pitfalls," he says. "China is deceptive. Growth doesn't necessarily translate into profit." During a February luncheon in Hong Kong, Shan shocked the crowd by challenging Nobel-prizewinning economist Amartya Sen for praising Mao's "barefoot doctor" program as a sound way to provide health care to the poor. Shan, recalling his experience in the Gobi, noted that the government trapped people in the service in deplorable living conditions. Says he: "If there's a record that needs setting straight...