Word: shanghaied
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...Chan has never shied from a challenge. Born in Shanghai, she was one of eight children. "I'm used to having crowds around me with everyone shouting at the top of their voices," she says. Her father, a textile merchant, died when she was a child; her widowed mother took over the family business before embarking on a successful career as an artist. (Chan's apartment is decorated with her mother's ink-brush paintings, and some of her mother's steely resolve seems to have rubbed off too.) Although she trained to become a social worker, Chan joined...
...other words, investors sometimes find themselves driving down treacherous roads with only their rearview mirrors to guide them. This is a particularly discomfiting thought right now, when the word bubble is being bandied about to describe emerging markets. Stock markets from Mumbai to Shanghai have been hitting record highs with giddy regularity recently, in spite of dangers such as the murky outlook for the U.S. economy. The CSI 300, a benchmark index for China stocks, has nearly quadrupled in the past year, while India's Sensex index is up 35% since January. Even Nigeria's stock market, a relative newcomer...
...outlets and - this being China - plenty of thermoses of hot water. The media office also organized several of the sessions at which delegates discussed the Party's future plans. Two next-generation leaders who are widely touted to be elevated into the upper ranks of the party this week, Shanghai Party boss Xi Jinping and Liaoning Province head Li Keqiang, appeared at the public sessions to parrot the Party line, although both men slipped away to avoid questions on their possible elevation. Similarly, the press conferences produced more statistics than sparkle, with one senior party official reverting to type...
...little matter of getting the ARJ21 certified to fly not just in China but in other countries as well. Before it ever carries a passenger, the jet's safety will be vetted by Chinese officials and by those from the U.S. Federal Aviation Administration, which has an office in Shanghai to monitor the project. Beyond Asia, ACAC hopes to sell the jet in the U.S. and Europe. It's not clear if the recent spate of quality issues faced by Chinese manufacturers of low-end products, such as toys and clothing, will ultimately hurt ACACs chances. "Customers could hesitate because...
...executive. "Customers, particularly the older ones, thought nothing of lecturing me on how I speak," says Ho, who speaks conversational but not business Mandarin. On the other hand, she skipped some of the culture shock that slams many newly arrived expats. She is comfortable enough in her Shanghai skin to scold a woman who recently jumped a long queue at Ho's neighborhood bakery. Ho says her swift adaptation to Chinese culture, along with the very American networking skills she used to cultivate mentors and allies back at headquarters, helped her survive when GE abruptly shut her unit last year...