Word: mao
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Though authoritarian leaders are supposed to be immune to polls and popular will, Jiang also had to worry about the Chinese public. Anger at the U.S. could easily twist into fury at him for failing to defend the motherland. "If Mao Zedong were the leader today, he would have shot down the American plane," says Li Hua, a physics student from Shanghai, who counts KFC as her favorite takeout. "But our leaders now don't have the guts to get in a fight." At first this incident looked like a reprise of the Belgrade embassy bombing. Anyone watching the official...
...MBAs. But as China's economy and confidence grow, its young citizens are the ones most eager for Beijing to flex its muscle. Perhaps that's not surprising. This is the first generation in People's Republic history not to have suffered through the trauma of war. "If Mao Zedong were the leader today, he would have shot down the American plane," says Li Hua, a physics student from Shanghai, who counts KFC as her favorite take-out. "But our leaders now don't have the guts to get in a fight...
...Daniel Mao, chief operating officer of Sina, sits in a Japanese restaurant in Beijing jabbing at his sushi and coolly dissecting the fate of the industry. "Some will get bought, some will go broke," he predicts. "It will all be happening in the next nine months." A former venture capitalist, Mao engineered Sina's creation by arranging a merger between a U.S. Internet start-up and a Chinese software company. Soon he may preside over its resale. Mao contemplates the latest street buzz: AOL is rumored to be trying to acquire community portal Netease, while Microsoft is said...
...model that he originally named his company Sohoo! But most of China's Internet leaders are more pessimistic. The three big portals have limited options: merge, tie up with a Chinese conglomerate or sell out to a global buyer. Disgruntled shareholders may force the issue. At some point, argues Mao, "Shareholders will say, 'That's it, baby. The game is over. You leave. I'm leaving...
...Though authoritarian leaders are supposed to be immune to polls and popular will, Jiang also had to worry about the Chinese public. Anger at the U.S. could easily twist into fury at him for failing to defend the motherland. "If Mao Zedong were the leader today, he would have shot down the American plane," says Li Hua, a physics student from Shanghai, who counts KFC as her favorite takeout. "But our leaders now don't have the guts to get in a fight." At first this incident looked like a reprise of the Belgrade embassy bombing. Anyone watching the official...