Chinese premier Wen Jiabao may no longer be in India but you can still discuss the state of India-China relations, and maybe even get a flavor of China in the wake of his visit.
Not only is Chinese cuisine hugely popular across India, it has also evolved into a hybrid of its own: “Chindian” or “Chinjabi.”
The hallmarks of “Chindian” are the use of paneer, a variety of cottage cheese widely used as a meat substitute in India but pretty much unheard of in Chinese food elsewhere. Because of religious dietary restrictions, pork is hard to find and beef isn’t available at all.
You can also be almost certain you’re in a bonafide Chindian place if you see anything “Manchurian,” a generic gravy sauce that can accompany anything. Cauliflower also tends to crop up in Chindian menus, as do dishes garnished with coriander and cumin – staple ingredients of Indian cuisine which are not as popular in mainland China. You’ll also see something called sweet corn and chicken soup, which is a popular cornstarch-heavy concoction.
Police have detained mourners of the Shanghai apartment tower blaze that last month killed at least 58 people, shoving middle-aged men and women onto a bus and shuttling them away Sunday.
The Nov. 15 fire sparked pointed questions about the quality of construction work in Shanghai, as it was blamed on poor workmanship during renovation of the 28-floor residential tower. In a city filled with skyscrapers, the fire chilled locals who watched on live TV how the fire department was seemingly unable to pluck residents from the burning tower. The tragedy threw cold water on Shanghai’s post Expo glow and its motto “Better City, Better Life.”
The fire also prompted an unprecedented outpouring of sorrow and anger by residents of a city with a reputation for being emotionally vacuous. In the days after the fire, parades of mourners descended toward the base of the charred ruins toting wreaths.
Now, police may be signaling some mourners are going too far.
In an event in Silicon Valley, someone asked me: “In one sentence or two, would you tell me what is the Chinese dream?” (as he learned I wrote a book called The Chinese Dream).
A simple question, but no simple answers.
When I left China 20 years ago, there was no Chinese dream. I had to leave my country and come to America to pursue my dream of a better future. But today, many young people in China can start their own business and have a lot more opportunities. Even many of my American friends are going to China because of the tremendous opportunities presented there.
As a Chinese magazine editor told me bluntly, “The Chinese Dream is a copy of the American Dream.”
Many middle class Chinese are influenced by the American way of life. They are bombarded by many material temptations and proliferating choices. TV commercials, the Internet, and Hollywood movies give them a rosy picture of the American middle class.
Dear Mr. Trump:
As prominent of a businessman as you are, and your buildings which dot the Manhattan landscape speak to your prominence, your recent bashing of China subtracts from your stature. We surely live in a wonderful world for China to have risen from the communist dead so quickly such that you feel the need to talk this still very poor country down.
The problem, and this explains your firing, is that your musings reveal a shocking lack of knowledge about how rich and poor economies work, the purpose of currencies, and the role of comparative advantage in lifting all economic boats. So that you don’t sue for wrongful termination, let me explain your dismissal.
For one, almost like a broken record, you repeat with great regularity the false assumption that China’s monetary authorities are issuing an artificially weak currency. The mere suggestion reveals that you’ve blatantly talked out of turn.
Read more: Due to Your China Stance, Donald Trump, You’re Fired
The largest IPO in the U.S. this year was Detroit auto maker General Motors Co., but Chinese companies grabbed an outsized amount of attention from American investors in 2010.
A record 38 initial public offerings from China-based businesses listed this year in the U.S., raising $4 billion, with slightly more than half of them hitting the market after Labor Day, according to data from Dealogic. Last week's IPO from information-technology outsourcing services firm iSoftStone Holdings Ltd. was the last of the bunch; the IPO market is on a winter break until January. Bankers expect another busy year for offerings from China in 2011.
The average amount raised by Chinese offerings this year was minuscule compared with GM's $23.1 billion common- and preferred-stock deal in November, and the number of Chinese offerings made up only a quarter of the total U.S. IPO market in 2010. But when it came to first-day performances, they were whoppers. The best pop of the year came from Internet television company Youku.com Inc., which rose 161% on its first day of trading this month. That was the best debut since Baidu, also Chinese, jumped 354% in 2005. Second-best of the year was ChinaCache International Holdings Ltd., an Internet content and application delivery provider, which gained 95% on its first day in October.
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