Word: shanghai
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Dates: during 2000-2009
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Sometime in the afternoon of July 5, agents from the Shanghai State Security Bureau - the agency that pursues cases of espionage within China - arrested and detained Stern Hu, an Australian citizen who is a senior Shanghai-based executive for Anglo-Australian mining giant Rio Tinto. Three of Hu's deputies, who are Chinese, were also detained that day. On July 8, Rio confirmed that Hu and his colleagues had been detained on suspicion of selling "state secrets." The Chinese government confirmed the detentions only on July 9, and the Australian Consulate in Shanghai said its representatives would be able...
...number of bombings and protests, but it had been quiet up until the time of the Beijing Olympics in August 2008. In the lead-up to the Games and after, separatist groups allegedly staged several fatal attacks on Chinese security forces. Responsibility for two deadly bus bombings in Shanghai and Yunnan province during the same period, meanwhile, was also claimed by a Uighur separatist group, a claim Beijing denies, calling the incidents accidents. (Read "A China Threat from Pakistan...
...greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those in emerging-market countries, have performed well in recent months. China's Shanghai composite index, for instance, has shot up 63% so far this year...
...timing is certainly right. Analysts say Hong Kong Disneyland needs to expand to stand up to plans for a much larger Shanghai Disneyland in the next few years. Construction has not begun, but the Shanghai municipal government and Disney Co. signed off on a project proposal earlier this year. The new plan could also lift spirits at a time when Hong Kong's tourism has taken a hit on swine flu concerns. According to the Hong Kong Tourism Board, the number of new visitors to the city in May dropped a steep 13.4% year on year. For the first five...
...spending that appears to be making up for a steep drop in exports. The World Bank has also raised its 2009 forecast from 6.5% to 7.2%, and projects that China will replace Japan as the world's second largest economy in two years. (See 10 things to do in Shanghai...