Word: shanghais
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...opening Taiwan tourism to Chinese citizens. Last weekend, they agreed to enable each other's banks to set up branches on either side of the Strait, and more than double the number of weekly direct flights that started last year. Before Ma's time, passengers traveling from Taipei to Shanghai had to go through a third city like Hong Kong, which made an 80-minute trip a 7-hour long haul. "The increase of mutual trust between Taiwan and China is also one of the key reasons for our entrance in the WHA," said Taiwan's Health Minister...
...whiplash. A government research center announces that thirty million migrant workers may be unemployed - 50% higher than the previous estimates - but Chinese Premier Wen Jiabao says the economy is doing "better than expected." Exports plummet and GDP growth grinds to a 10-year low, but fixed-asset investments and Shanghai stocks are headed up. It often looks like there are two Chinese economies...
Like drowning men grasping the only piece of buoyant driftwood in sight, top executives from the world's beleaguered auto industry arrived in Shanghai this week for the city's 2009 auto show, unveiling their newest brands in the only car market in the world that continues to grow. Some of the show's stars are predictable, drawing crowds of reporters and photographers on Monday, media day: a stunning new Lexus convertible, the reborn Chevy Camaro from General Motors (Chinese journalists took turns lining up to be photographed in front of it) and the worldwide debut of Porsche...
...book on topics ranging from the young North Korean refugees, whom he called “child warriors,” to North Korea’s sex trafficking problem. He recalled one trip when he took four North Korean teenagers from the border to the consulate in Shanghai where he knew they could be temporarily protected. “They have endured what the [United Nations] has labeled a modern-day famine in North Korea.” One of the teenagers received a bowl of white rice as his birthday gift every year, Kim said on the severity...
...have invested heavily in relatively efficient, fast, and safe high-speed trains that connect major metropolitan areas. Even China, the world’s largest developing economy, is making strides in this area—one can now take a high-speed bullet train from Pudong airport to downtown Shanghai in less than 20 minutes...