Word: shang
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...SHANG CHEN...
...that's changing. Locals worry that the KMT's desire for closer ties with the mainland will mean a flood of cheap imported produce and lower incomes and, more fundamentally, that the KMT will eventually reunify with a country they consider alien. The KMT's Yunlin chief, Huang Shang-wen, knows how his party can regain votes: "For us to win elections, we need to lean toward independence." But that would sacrifice the KMT's core supporters. Hung on the paradox, Huang is drafting his resignation letter...
...dramatic drop in patients coming to their hospital," says Michael Tai, head of the department of social medicine at the Chungshan Medical University in Tai-chung, "and that means they will lose money." Still, "other hospitals won't dare to buck the system now," says epidemiologist Ho Mei-shang, who has been tasked by the President to bring hospitals into line. "They are getting the message...
...Truculent bureaucrats aren't the only force arrayed against Shang. Ordinary Chinese who bought shares at the government's urging now fear that stock-market reforms will drive prices down even further. After all, they've seen how stocks plummet when government investigators target a company on suspicion of corruption. Some shareholder advocates say the CSRC's proposed reforms should actually be shelved because the policies will hurt the widows and orphans who spent their last fen on stocks. "The government sold shares to the people for far too much money, and it can't let the market...
...Shang Fulin will have to choose. Will he push ahead with stock-market reforms that might drive down prices, or will he delay these reforms even though they are urgently needed to protect investors? Back in Kunming, Chen Xuesong hasn't yet abandoned that fraying notion of the market as a road to happiness and hope. For now, he's letting his bets ride. "At least maybe I'll make back some of what I've lost...