Word: shen
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Dates: during 2000-2009
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...DIED. SHIING-SHEN CHERN, 93, mathematician whose "new geometry" theories on how the curvature of a surface can help determine an object's shape influenced fields from theoretical physics to computer graphics; in Tianjin, China. As a teacher, Chern was also influential?so much so that Robert Uomini, a former student of his at the University of California, Berkeley, set up a chair for him at the school with funds from the $22 million Uomini won in the California state lottery...
...difficult to ascertain how widespread shadow banking is throughout China. Beijing University economist Shen Minggao estimates that two-thirds of all financial activity in Zhejiang takes place outside the formal banking system. Local regulators do nothing to discourage informal lending because it funnels capital to vital, fast-growing businesses. But national economic conditions could now make it more difficult to look the other way. For one thing, China's inflation rate has crept above 5% while interest on savings deposits remains about 2%. In other words, Chinese lose money when they park cash in legitimate banks. It now appears that...
...whole, the government has turned a benevolent eye toward illicit finance. Cracking down would be "like taking seed grain away from farmers," says Beijing University's Shen. Gray-market lending is even providing inspiration for a new generation of would-be private bankers. A group of scholars at Zhejiang's Communist Party School, a training ground for cadres, are proposing to "establish legal private banks" along the lines of underground institutions, according to one of the professors who helped draft the proposal...
...Chinese side cannot but immediately halt bilateral human rights dialogue and exchanges,” Chinese Assistant Foreign Minister Shen Guofang said last month...
...before the election. There is still much speculation that the shooting was a political stunt staged to win sympathy votes for Chen. Even if the bullets were actually fired by a would-be assassin, the fact remains that the legitimacy of Chen's presidency is seriously in question. Frank Shen Taipei...