Word: shanghaiing
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About 18 months ago, Liu Junling, an upwardly mobile single Chinese woman, had a conversation with her boss, the CEO of a large, politically connected real estate developer in Shanghai. For the previous five years, people in China's largest city had lived and breathed the property market-buying apartments, if they could afford to, flipping them for higher prices, and buying again. The government really wanted to cool off the speculation, the boss told her. Probably not a good time to buy. Then, almost as an afterthought, he added: It might be a good time to buy stocks instead...
...Romping through reams of newly available tapes and transcripts, Dallek turns in a fresh and disturbing double portrait that includes such hilarious, pathetic images as the desperately insecure Nixon in a Shanghai hotel at 2 a.m., smashed on "mao-tais," begging his aides to reassure him that his China trip was a success...
...point, a couple on vacation in Hong Kong from Shanghai wanders on to the pier and stops to read the antigovernment slogans at the tent camp, unaware of the standoff over the historic site. "For Shanghai, Hong Kong is just a business center," says the man, a 31-year-old airline employee. "Somebody told me Hong Kong is a desert of culture...
Romping through reams of newly available tapes and transcripts, Dallek turns in a fresh and disturbing double portrait that includes such hilarious, pathetic images as the desperately insecure Nixon in a Shanghai hotel at 2 a.m., smashed on "mao-tais," begging his aides to reassure him that his China trip was a success...
...whether Siemens is really a German company anymore. Siemens has businesses in the U.S. ranging from water technologies to medical equipment that employ 104,100 people and generate $31 billion in sales, some 26% of revenue. Asia, where Siemens is building low-emission coal-fired power plants in Shanghai, accounts for 15% of the company's sales. In Europe, excluding Germany, Siemens has 127,400 employees and nearly a third of its sales. Germany accounts for just 19% of sales but 34% of the company's staff...