Word: asianization
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...Shin Corp., which runs a Thai mobile-phone operator. (Formerly controlled by Thaksin's family, Shin was sold last year to Temasek Holdings, the investment arm of the Singaporean government, for $1.9 billion.) "Thaksin makes the CNS very nervous," says Ukrist Pathmanand, associate director of the Institute of Asian Studies at Bangkok's Chulalongkorn University, who has co-written a book about the ousted leader. "I don't believe he will stay out of politics. I could see him returning when people begin to think that the leaders who followed him have failed. He could be seen as the best...
...consultancy, says Chinese companies are stronger and more efficient than they were a few years ago. "It's dangerous to bet against China," he says. Also, if you exclude China Life and banks that fueled last year's blockbuster IPOs, Shanghai stocks trade at prices comparable to those of Asian companies listed on other regional bourses. In fact, some of China's smaller manufacturing and textiles companies are still relatively undervalued. "Judging from history, the stock market doesn't bust when the buying is concentrated on blue-chip names," says Lan Xue, head of China research for Citigroup...
...announced topic of the conference was "The Shifting Power Equation," and for once - at least for me - it worked, coming unbidden to the mind during countless quick conversations. Whether it was the growing significance of the Asian economies as compared with the Atlantic ones, or the extent to which technology has distributed economic clout from producers to consumers - and in the media business, turned consumers into producers themselves - the idea of a power shift seemed neatly to sum up what was on people's minds. Some examples...
...mascots was widely criticized by the Native Americans at Harvard (NAHC).The New York Times covered the Princeton controversy and The Boston Globe reported on the Tufts’ imbroglio, and numerous blogs covered all three controversies.The Princeton article, which was written in broken English, parodied an Asian-American student who, after being denied admission, sued the school for discrimination. The article appeared in the paper’s annual prank edition.The column began, “Hi Princeton! Remember me? I so good at math and science. Perfect 2400 SAT score. Ring bells?”The writers, some...
Comparisons between India and China are probably inevitable. The Asian neighbors both boast more than a billion citizens, and both enjoy giddy economic growth rates. Both are also touted as future superpowers, although China is a lot closer to that status than India. But the two nations are also very different: one's an autocratic one-party state; the other a flawed but functioning democracy. Those differences have a huge impact on the way the two countries are growing. In simple terms, if China's rulers want to build a new highway they do. In India, well, it's more...