Word: shanghaiing
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...hero status got there by virtue of the state, which selected solely the most politically pure candidates. "If you look at China's sports history, the athlete's only purpose was to glorify the Communist Party," says Tor Petersen, co-founder of Zou Marketing, a sports-marketing firm in Shanghai. "But in the past couple of years, athletes have been allowed to express themselves as individuals, even promoting brands instead of the state." Indeed, more often than not, the mainland's most popular athletes are now picked by the free market. Liu Xuan, a pert gold medalist at the Games...
...anecdotal evidence suggests that bankers elsewhere in China are tightening up. In Shanghai, for example, rules that developers put up 25% of construction costs to qualify for loans "were never tightly enforced," says Shao Zhongye, finance director for Shanghai Longyuan Real Estate Co., which develops apartment buildings. That's changed. Shao's company just finished a development of 97 units, and he's worried about getting financing for his next project. "It definitely will be a lot harder to borrow now," he says. And although new remedies haven't taken effect yet, recent economic indicators are promising. Last week, Beijing...
...space junk is the human debris that litters the universe, junk space is the residue mankind leaves on the planet"). His highest goal is to restore possibilities for human interaction of whatever kind. Congestion and sprawl he sees as advantages. The posthuman megalopolises of the 21st century--Tokyo, Atlanta, Shanghai--are just so many jumbo opportunities. On the other hand, he is sick to death of skyscrapers, which he considers vertical cylinders that isolate people instead of putting them into circulation with one another. "It's hypocritical for anyone to argue that skyscrapers are part of civil society and public...
...social call punctuated Hu's banner year after taking over China's presidency from Jiang Zemin. At home, Hu fashions himself as a uniquely accessible Communist Party leader concerned with the plight of common folk--far different from Jiang, who seemed most comfortable in his glitzy Shanghai hometown. Ordinary Chinese welcome Hu's pledge to raise stagnant peasant incomes, his firing of officials for covering up last year's SARS epidemic and his ban on ostentatious airport send-offs for traveling dignitaries. At the same time, he has hobnobbed with leaders of capitalist nations at G-8 meetings and pressured...
...shooting touch, but his team-first attitude and self-deprecating humor have blown through the league like a gust of fresh air, reinvigorating a sport grown weary of spoiled, misbehaving superstars. All-American companies such as Visa, Apple, Pepsi and Reebok have flocked to seek his endorsements, making the Shanghai native, 23, the most recognizable Chinese icon since Chairman...