Word: wen
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Dates: during 2000-2009
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...China. As the nation's one-time top Chinese American politician, Locke has kept in close contact with his parent's homeland. He arranged for Chinese President Hu Jintao to start off his first state visit in 2006 to America in Seattle, and has met privately with Chinese Premier Wen Jibao - a rare event for any U.S. politician. He also ran a leg of the Olympic torch relay before 2008's Beijing Olympics...
...crisis. As China's manufacturing sector reels from the global drop in demand for its wares, trade will likely dominate all near-future discussions with the U.S., China's biggest trade partner, and could become the primary source of bilateral friction. In a January speech at Davos, Chinese Premier Wen Jiabao lectured about the "inappropriate macroeconomic policies of some economies" with low rates of savings and high consumption - an "unsustainable model of development." In other words, the U.S. When outgoing U.S. Treasury Secretary Paulson was quoted as suggesting that China's high rate of savings helped set off the worldwide...
...months of vigorous initiatives to keep people employed. Last month, Wang Dong, head of Beijing's Assets Supervision and Administration Commission, announced that all state-owned enterprises in the Chinese capital are forbidden from laying off any of their 750,000 employees in 2009. In December and January, Premier Wen Jiabao visited local businesses in the city of Chongqing and in Jiangsu Province and pleaded with them not to "resort to redundancy easily, and to try to stabilize the employment situation by all means...
...Wen's message appears to have gotten through to China's private sector. Thousands of independent businesses across the country have since made announcements promising zero layoffs and full payment of salaries. To help them keep those commitments, several cities - including Beijing, Tianjin and Shenzhen - have announced policies to encourage companies to keep their workers by reducing the amounts employers must contribute to social welfare programs such as pensions and medical insurance. Local governments are making up the difference with subsidies. The Minhang district in Shanghai alone has set aside a budget of $290 million to assist struggling businesses avoid...
When Chinese Premier Wen Jiabao's London visit was also disrupted by snow, Britain's international humiliation was complete. Still, say this for Londoners: They can laugh at themselves. "Good thing Hitler's dead," remarked a stock clerk in a supermarket. "He couldn't get us with the Blitz, but the place is so incapacitated now, he'd walk right in." Meeting adversity with a sort of gloomy wit is not a characteristic that always serves Brits well; they sometimes crack jokes when they should be complaining. Yet in this coldest of economic climates, an unquenchable sense of humor...