Word: shanghaied
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...transnational initiative, Harvard Business School (HBS) and leading business institutions in China and Spain are training Chinese corporate leaders to better understand global markets. The “Global CEO Program for China,” run by HBS, China Europe International Business School (CEIBS) in Shanghai, and Instituto de Estudios Superiores de la Empresa (IESE) in Barcelona, will take a group of CEOs to three continents—while teaching them topics such as market strategy and business-government relations. The concept for this program followed a classic model of supply meets demand, basing itself on what CEOs themselves...
...Gang unveiled a map that, he says, proves the Chinese had detailed knowledge of world geography long before the voyages of Columbus, Magellan and da Gama brought such insights to Europe. This "Overall Map of the Geography of All Under Heaven," which Liu says he bought for $500 in Shanghai's Dongtai Road Antique Market, includes notes claiming it was drawn in 1763 as a copy of a map from 1418. It purports to be based on the travels of Zheng He, an admiral who sailed throughout Asia and the east coast of Africa between...
...Chinese media?which, in the past, might have embraced a theory that China beat Europe in exploration?isn't holding its breath. The Shanghai-based Oriental Morning Post opined: "Chinese who are famous for their nationalism did not want to believe their ancestors found America first this time ... This is a perfect example of how China has come to take research more seriously and has grown more realistic and objective." And, it seems, more confident of its place in the world...
Scotman Thomas Sutherland, a manager at a shipping company, wisely recognized the profits to be had in the burgeoning trade in a developing market like China. The bank he helped start, Hongkong and Shanghai, now called HSBC, became one of China's top financial institutions within just a few years of its founding. That...
...second biggest life insurer. Compared with the same period in 2004, pretax profits in China increased sixfold, to $161 million, in the first half of 2005. As a sign of its renewed influence in the Middle Kingdom, the bank resides today in a new skyscraper called HSBC Tower in Shanghai's up-and-coming financial district of Pudong, across the Huangpu River from the bank's old, domed office on the Bund. "We've been here 140 years, and we'll be here another 140 years, at least," says Richard Yorke, CEO of HSBC in China...