Word: shanghaied
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...present on the mainland. In what has been one of the world's prime economic engines for the past five years, growth is slowing fast. Look only at the price of steel - as useful an industrial proxy for China's economic boom as any. According to Mysteel, a Shanghai-based consulting firm, the price for products used primarily in construction have fallen to less than $590 per ton, down almost 20% in just four months, forcing some companies into the red in what had been a booming industry. Baosteel, one of China's largest steelmakers, has cut prices twice since...
...over the past year, for reasons only partly related to the global equity slump. Regulators in China hope the measure will increase liquidity and trading volume in China's markets after a decline of more than 60% so far this year. (After Monday's global rout in stocks, the Shanghai exchange ended up a tick in Tuesday's trading...
When was the last time you heard a guy described as a discerning gentleman? There's an Old World charm to the expression, which is just what the British luxury brand Dunhill is trying to capture in its latest retail outposts in Tokyo, Shanghai and London...
...Tokyo, a city that fascinated Dunhill, there are not only clothes, gadgets and gizmos for sale but also the services a man appreciates: a skilled barber, a specialist in leather-cleaning and, to relax, the only bar that overlooks the Ginza strip. In the historic French Concession area of Shanghai, there is a Travel and Discovery Room complete with a library as well as an art gallery. In London, much of the attraction will be the unique location, in Bourdon House (above), built in 1720 and previously the home of the Duke of Westminster. Restored beyond its former glory...
...SHANGHAI In China, where red symbolizes success, Salvatore Ferragamo's jungle tie ($160) sells best