Word: wu
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During an economic summit in Beijing last month, U.S. Treasury Secretary Henry Paulson and the rest of a high-powered American delegation, including Federal Reserve Board Chairman Ben Bernanke, had to suffer through a condescending lecture, replete with PowerPoint presentation, from China's Vice Premier Wu Yi. One of the country's top bureaucrats and a woman with a vaunted reputation as a problem solver, Wu enlightened the Americans with a lesson on the 5,000-year history of China. Her essential point: those who criticized China's economic policy did so out of ignorance. "We have had the genuine...
...trade surplus, which rocketed to $177.5 billion in 2006 and has risen from less than 2% of its total economy to around 7% in five years-surely Beijing has something to do with that. But instead of substance, the Americans got a soliloquy-which may explain why, during Wu's speech, some of the U.S. delegates looked bored, fidgety or downright annoyed. One delegation member later joked that Wu reminded him of his "fifth-grade teacher," adding, "I didn't much like fifth grade...
...investment-banking career at Goldman Sachs and had doubtless sat through many similar monologues. "He's been in a lot of meetings with a lot of Chinese officials, and knows that the last thing you do is get angry at the effective ones," says one former U.S. diplomat. Wu spearheaded China's effort to join the World Trade Organization five years ago and was named Health Minister during the 2003 SARS crisis. "She's been helpful in the past, and she'll be helpful in the future," said the former diplomat...
...named Tuesday night. S. Adam Goldenberg ’08 will serve as chair of the board, rising from the vice-chair position he held during the CEB’s first semester of operation under outgoing chair Tessa C. Petrich ’07. C. Kai Wu ’09 will succeed Goldenberg as vice-chair. Goldenberg said that he expects the CEB to attempt to put on “more consistent, smaller-scale programming this year” in addition to the traditional large events—the next example being Yardfest in April?...
...Adams; Jack F. Pararas ’08 of Cabot; Michael E. Blair ’08 of Currier; Julie R. S. Fogarty ’08 of Dunster; Chinwe U. Nwosu ’08 of Kirkland; Shaan K. Hathiramani ’08 of Lowell; Kai Wu ’09 of Mather; Reva P. Minkoff ’08 of Pforzheimer; Neesha M. Rao ’08 of Quincy; and Adam Goldenberg ’08 of Winthrop...