Word: pudong
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...close to the elevator, to reception." Gallery Evason was the first hotel in Asia to reserve a floor for women, served by female staff, when it opened this spring. Doubles start at $86; to reserve, call (65) 849-8686. Since then, the Novotel Atlantis in Shanghai's Pudong district has set aside its 43rd floor, under the name Club Femme. Doubles go for $160, or $104 at weekends; call (86-21) 5036-6666. In Japan?where commuter groping of women is so endemic that one downtown Tokyo bar is set up like a subway car so chikan (molesters) who just...
Much of Shanghai's so-called urban renewal stems from similarly short-sighted greed. In the mid-'90s, China's largest metropolis went on a building blitz. Across the muddy Huangpu river, a futuristic realm called Pudong materialized, filled with hubris and towering skyscrapers. Shanghai's suburbs expanded into the countryside, with pink-tiled apartment blocks promising a leisured lifestyle to the city's middle class. But in the late '90s, Shanghai's building boom went bust. With occupancy rates plummeting to a dismal 35% in some areas, real-estate developers panicked. So did the city government, which had counted...
...much more important are the clear signals coming from Beijing that anyone wanting to do serious big business with the communist government had better be prepared to shift to the mainland metropolis. Chinese President Jiang Zemin's national government has been a major exponent of Shanghai's new Pudong economic center, some 135 sq. mi. of former marshland that is the transplanted economic heart of the new Shanghai. Having invested around $185 billion in Shanghai's renaissance, China's rulers clearly want to see the rest of the world acknowledge the primacy of their choice...
...that the move is complete, he and six other staff members are all that are left of a former complement of 140 people. In Shanghai, by contrast, Coke's staff will have jumped to a 1 million-sq.-ft., seven-story building on the Huangpu River in the Pudong area, the commercial investment hub still in the throes of hothouse creation by the government. Says Lo: "If you want to crack the China market, you have to be in Shanghai...
...system and guarantees of autonomy under the terms of the takeover. Those qualities could help preserve the territory's financial supremacy. The city's low business-tax rates, which hover around 16%, still attract foreign investors and entrepreneurs. In Shanghai, corporate taxes fall below 33% only for denizens of Pudong. Perhaps most important, Hong Kong remains Asia's banking center and a must stop for anyone in the region seeking corporate financing. Chinese banks, on the other hand, are still tightly controlled by the state, and this won't change for a long time. So financial firms will have...