Word: shanghaied
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...Chen Yifei knew that others could attract money and investment to China. What he wanted to do was far greater: bring beauty back to his homeland. The painter turned style entrepreneur, who died on April 10 at 59, began his mission rather unpromisingly: after graduating from Shanghai's premier art institute in 1965, he spent a decade monotonously painting propaganda art and portraits of Mao Zedong during the Cultural Revolution. But after migrating to the U.S. in 1982, Chen found his hyper-realist paintings of pastoral scenes and flute-playing maidens a hit with foreign collectors, who snapped...
...Chen returned home to fulfil his dream of creating an aesthetic empire in a land still recovering from the artistic looting wrought by the Cultural Revolution. Basing himself in Shanghai, he quickly began to assemble the pieces: Layefe, a fashion-and-housewares label he founded, now with more than 130 stores nationwide; ownership of several lifestyle magazines; and a stable of long-legged beauties who would soon make up Yifei Modeling Agency, China's largest. Collectively, Chen's enterprises earned $200 million last year and brought an East-meets-West style to Chinese citizens caught up in the country...
...capitalism, China's policymakers send off a mix of policy signals: some tightening, some loosening. Last week the government announced a two-year ban on automobile imports. But authorities also moved closer to institutionalizing stock trading, a practice that has been illegal since Mao's revolution. A branch of Shanghai Investment and Trust has been authorized to oversee the buying and selling of stocks and distribution of dividends...
TONY WOODLEY, union leader at MG Rover, after China's Shanghai Automotive Industry Corp. abandoned plans to take over Britain's last volume carmaker at the cost of 5,000 jobs
...1940s of Chow's teeming fantasy, Shanghai is terrorized by the Axe Gang, a thug team as dapper as they are vicious: they don black suits and top hats, and rumba to a rumble. Only one area, Pig Sty Alley, is temporarily immune to their predations--in part because the neighborhood is so poor, in part because all the residents, from the baker and the tailor to the kids and seniors, are skilled in martial arts. The Landlady (Yuen Qiu), spuming belligerence, can suck a cigarette to cinders in one deep breath, and has a lion's roar scream that...