Word: weies
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...land famed for its elaborate culinary arts, the best-known chef is a chubby, smiling cartoon character. Master Kong (Kang Shifu) has been gracing the packets of instant noodles since the early 1990s, and is the creation of Tingyi, a company that chairman Wei Ing-chou built out of his parents' edible-oils firm in Taiwan's rural Changhua county. Thinking that mainland China's rapid development would boost demand for the kind of quick, cheap meals that workers would fill up on during factory breaks or after a punishing shift, he decided to cross the Taiwan Strait...
...dispel some commonly held beliefs. The Seduction Community, JT claimed, is about more than brutishly picking up a woman for a quickie. Through bootcamps and blogs, JT emphasizes self-improvement techniques and examines social psychology. “He provides the social lubricant for men,” said Wei “Rose” Wang ’13, who along with Ge “Andy” Zhang ’13 organized the event. Moreover, JT stressed, his teachings help Asian men—50 to 75 percent of his clientele—confront...
...China via advertising, according to Analysys International, a market-research firm, and claims 76% of overall search traffic. The comparable figures for Google are 31% and 20%. If Google soon shuts down its Chinese search engine (Google.cn) - as most analysts believe it will - Baidu will grab even more. Dick Wei, senior analyst at JPMorgan Securities in Hong Kong, estimates that if Google loses a quarter of its China traffic, Baidu will reap a 6% gain in revenue; the gain would be 12% if the number of eyeballs logging onto Google shrinks 50%. For the last full year completed, 2008, Baidu...
...mean more if Google were sticking around. If it's not, Baidu will have the world's most populous country almost to itself. And that won't be a good thing for anybody. "The lack of a strong second player may unmotivate Baidu to improve" is how JPMorgan's Wei puts it. The company has gone from a Silicon Valley start-up, in a field that didn't then exist in China, to a nimble competitor that was challenged by the global king - and won. The risk that one day it could turn into a hoary monopoly simply because...
...economists advise Southeast Asian companies to specialize in niche goods and services that China cannot duplicate - and to do it fast. "Given the shifting nature of China's comparative advantage, Asian countries may best re-orientate their economies towards sectors that cannot be easily replicated by China," wrote Kit Wei Zheng, a Singapore-based economist with Citigroup, in a 2009 report entitled "Who Benefits Most From China's Domestic Demand...