Word: shanghaied
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...Right before Mick Jagger took the stage in Shanghai for the first date of the Stones’ landmark tour last week, he answered a few questions for the press. Though the hot topic of the international press was the official ban of several of the raunchier Stones songs in the Middle Kingdom, the two biggest newspapers in Shanghai didn’t even cover the show...
...more than three years, Anna Feng didn't tell her husband that she had sunk nearly half of their savings into the Shanghai stock market. While he thought all their money was safely sitting in a bank, the value of the stocks plunged by almost 75%. But over the past couple of months, the Shanghai market has shown signs of life, and Feng, a 56-year-old retiree, has recouped half her losses. She's quietly hopeful that maybe she'll make it all back. "Everyone seems to be so optimistic about the markets now," she says...
...hedges that can only be appreciated from the sky. Recently, Yu's ideas have gained new traction in high places. Environmental sustainability, green growth and resource conservation were major themes of last month's meeting of the National People's Congress. And Yu has been approved to help Shanghai rehabilitate a decrepit industrial stretch of its main river for its 2010 World Expo and to create a corridor of parkland along 1,700 m of the Grand Canal...
...than it has in Italy. Such cost-cutting moves are a matter of survival. Natuzzi, a major Italian sofamaker headquartered in Santeramo, still makes high-end products in Italy. But less expensive sofas aimed at price-conscious North American consumers are wholly made at a factory Natuzzi operates in Shanghai. The company had no choice but to open a Chinese plant, says Daniele Tranchini, Natuzzi's chief global sales-and-marketing officer. "Half our sales come from North America, and that market has been hit more than most with cheap products from China," Tranchini says. Besides, he adds, "everyone recognizes...
...problem—the general physical problem of the state is transferred onto the university,” Hall said. “But one cannot recreate the philanthropic tradition of the U.S. overnight.” The report referred to a ranking of world universities compiled by Shanghai Jiao Tong University, which placed Harvard first and only two European universities, Cambridge and Oxford, among the top twenty. The ranking was cited as one sign that Europe was no longer home to many “leading universities...