Word: shan
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Dates: during 2000-2009
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...unable to get the love of a girl or how much it hurt to lose her), and the boy band disappeared before I could figure it all out. But the days accompanied by their songs, which now seem totally cheesy to me, are just as fresh as yesterday. Chi-Shan Lee Taipei India's War on AIDS You described India's growing AIDS crisis [June 6]. But the AIDS epidemic is a global problem that demands a unified, worldwide solution. It is not only the responsibility of nations where AIDS is most prevalent or of philanthropists like Bill and Melinda...
...first time that alleged abuses by the junta?among them systematic rape and forced labor?have been so comprehensively documented and analyzed. Taken as a whole, claims Horton, the litany of atrocities may add up to ethnic cleansing of Burma's minorities like the Karen, the Karrenni and the Shan. "What's taking place in Burma is not mass killing like in Rwanda," he told TIME. "It's a slow, indirect form of destruction...
...That perseverance eventually paid off. Shan went on to get a Ph.D. in business at the University of California, Berkeley, and teach at the prestigious Wharton business school?and it served him well in pulling off one of the most groundbreaking investments ever made in China. In May Newbridge, based in Fort Worth, Texas, agreed to purchase nearly 18% of Shenzhen Development Bank for $160 million, making the fund the first foreign investor to take management control of a Chinese bank. The tortuous negotiations took two long years. "There are few people I know who have the same tenacity," says...
...Turning around Shenzhen?among China's most troubled banks, with some 9% of its loans officially nonperforming?won't be any easier than buying it. But Shan, 51, has been there before. In 2000 he helped Newbridge become the first foreign owner of a South Korean bank, Korea First; Newbridge managers doubled the bank's assets and strengthened its loan portfolio. In January Newbridge sold its 49% stake to Standard Chartered for $1.6 billion?nearly quadrupling the fund's investment...
...Shan is outspoken about business conditions in China. In editorials in the Asian Wall Street Journal, he wrote that China needs more market reform to stamp out corruption, which he called "a serious threat to China's body politic," and warned that 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...