Word: shanghaiing
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...republics of Central Asia, which are important oil and gas exporters are of particular concern. The United States should make it clear that any attempt by China to gain regional hegemony over these states—whether it be through Beijing’s own initiatives or through the Shanghai Cooperation Organization—would be unacceptable. Decades from now, as historians examine the foreign policy legacies of the second Bush administration, they are not likely to be impressed. In the last few months of his tenure, we encourage our President to pursue a course of moderation and sensibility toward...
Moganshan Road calls itself the center of modern art in Shanghai. I arrived prepared to bear witness to the fruit of the Chinese art boom, the boom that The Asia Times calls an “artistic renaissance,” not unlike the “emergence of Western Modernism more than 100 years ago.” A tough act to follow indeed, especially if your country was closed off from the rest of the world for much of that time...
...Beijing and Shanghai today, the famous rhetorical question posed by a British textile tycoon before the Opium War—what if every Chinese added just one inch of fabric to their clothing?—has found new meaning as a generation of Chinese artists now ask What if every European collector bought just one of my paintings? As Zhu Qi, author of the essay Art Capitalism in China writes, showings of Chinese art have become an “assessment index of artist’s position in art scenes and of his market price...
...Then again, it's hard to feel like you've dodged a bullet when you are already riddled with holes. Asian stocks have absorbed severe losses this year - The MSCI Asia-Pacific Index is down nearly 30% in 2008, while China's Shanghai market is down 60% from it's January high (The Dow is down 20% this year). Asian shares already took a hit after the rescue package failed to pass over the weekend, with shares in Hong Kong and Tokyo plunging by 5.5% and 5% respectively on Sept. 29. "It's pretty terrible already," Kowalcyzk says...
...Shanghai hopes to throw a lavish party to end all parties: the World Expo. World fairs have lost their luster since the wondrous days of London's Crystal Palace, Chicago and New York City. Who even remembers where and when the last Expo was held? (It was in 2005, in Aichi, Japan - thanks, Google.) But Shanghai is determined to revitalize the Expo. While Beijing threw an efficient if, ultimately, rather empty Olympics - because of visa restrictions that kept out many tourists along with potential demonstrators - you can bet that Shanghai will give a warmer welcome to the world. After...