Word: shopped
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...eldest brother Victor--a former Harvard Business School professor whose name is often raised as a possible future leader for Hong Kong--is chairman. At the family's weekly Sunday brunches at a mountainside luxury tower that houses three generations of Fungs, the brothers usually pair off to talk shop. But unlike many other Asian companies, which are treated as opaque clan fiefs, Li & Fung produces a straight-talking triennial three-year plan, and the brothers are regularly ranked as top managers in Asia...
...there's an abundance of cafés by the stream if you need some caffeine to keep you going. If you still have energy, how about some karaoke? Hop on the subway again and go to the Gangnam station, taking exit No. 6. Behind the Giordano clothing shop there are plenty of good noribong, or karaoke rooms, where you can belt out a tune...
...might think this would make union leaders at Lego hopping mad. You'd be wrong. "We thought it was the best way to keep as many workers' places in Denmark as possible," maintenance man and union shop steward Poul Erik Pedersen tells me. "We aren't against the management. We want to make sure that they make money and we make money." Then, unprompted, he takes the argument a step further: "There are some good things about outsourcing. Where the jobs go, the standard of living is growing, and then they can afford to buy more Legos or other things...
...youth--was Disneyland, which opened near his family's home in 1955. In the book, Martin describes the park's kitsch splendor with the rapture of Marco Polo on first seeing China. There, he quickly located two mentors: Jim Barlow, performing sleight of hand at Merlin's Magic Shop, and at the Golden Horseshoe Revue, Wally Boag, a comic who made funny balloon animals. From them came the raw material for Martin...
...wrong to focus so much energy on the exchange rate," Fang argued, noting that even a 5% movement wouldn't do much to help plug the U.S. trade deficit. It would be far smarter to address concerns like China's uncompetitive service sector--allowing foreign banks to set up shop, for example. "China can open up a lot more to the outside world. That's a much more constructive way to solve the problem," he said...