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SIHL's dazzling performance is one lure for investors, but an even bigger one is the company's reputation for guanxi, or political connections. They emanate from SIHL's parent, known as SIIC, or the Shanghai Industrial Investment (Holdings) Co., with interests in more than 200 businesses around the world. SIIC is owned by the Shanghai city government. Not to be ignored is the fact that China's State President, Jiang Zemin, is a former mayor of Shanghai. "The name of the game in China is relationships," explains Kent Rossiter, a senior investment analyst at Nikko Securities Co. (Asia). "Shanghai...

Author: /time Magazine | Title: A TOUCH EXOTIC | 9/29/1997 | See Source »

...boomer law of cultural tyranny, if the boomers are having families, then we must all turn our attention to the problems of families. Newspapers, magazines, advertising and especially politics are consumed with the subject. Baby boomers have even invented a verb to describe this new craze: "to parent," which suggests the rearing of children is just another one of life's many options--a means of self-fulfillment like mountain biking or enrolling in a clogging class...

Author: /time Magazine | Title: NOW THEY WANT YOUR KIDS | 9/29/1997 | See Source »

With so many affluent, culturally aware parents busy parenting, it's no wonder authors have been busy authoring, cashing in with truckloads of books about you and your child. The trend has even touched the fluffiest genre of nonfiction, the self-help book. Commercially, the match is a natural; intellectually, it's problematic. A self-help book about child rearing is almost an oxymoron. Self-help literature, as the name implies, proceeds from a claustrophobic obsession with self--how to improve the self, how to make the self feel better about itself and, pre-eminently, how to make the self...

Author: /time Magazine | Title: NOW THEY WANT YOUR KIDS | 9/29/1997 | See Source »

Some critics claim that Interneuron steamrollered Redux through the FDA and that the agency acted irresponsibly in approving it, charges that the company and the agency vigorously deny. What nobody on either side considered, though, was the possibility that either Redux or its parent compound fenfluramine might damage heart valves...

Author: /time Magazine | Title: THE MOOD MOLECULE | 9/29/1997 | See Source »

...opus, paid for by 18 federal agencies, probably got the attention it did because it offers so much comfort to parents whose little Mary doesn't make a move without calling her pal Molly, while treating Mom like a potted plant. "The power and the importance of parents continue to persist, even into late adolescence," says University of Minnesota professor Michael Resnick, the lead author of the survey. A reassuring finding: although your child may seem to ignore you, she is living off the remnants of the bond built during the years before getting her ears pierced was the most...

Author: /time Magazine | Title: HERE'S A PRECIOUS MOMENT, KID | 9/22/1997 | See Source »

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