Friday, 15 May 2009
U.S. Will Pay $2.6 Million to Train Chinese Prostitutes to Drink Responsibly on the Job
The National Institute of Alcohol Abuse and Alcoholism (NIAA), a part of the National Institutes of Health (NIH), will pay $2.6 million in U.S. tax dollars to train Chinese prostitutes to drink responsibly on the job.
How it all works
In a small town on the South Coast of France, the holiday season is in full swing, but it is raining so there is not too much business taking place.
Everyone is heavily in debt. Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor.
• The hotel owner takes the banknote in a hurry and rushes to his meat supplier to whom he owes E100.
• The butcher takes the money and races to his supplier to pay his debt.
• The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago.
• The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit.
• The prostitute quickly goes to the hotel, as she was owing the hotel for her hourly room used to entertain clients.
At that moment, the rich Russian comes down to reception and informs the hotel owner that the room is unsatisfactory and takes his E100 back and departs.
There was no profit or income. But no one any longer has debt and the small town’s people look optimistically towards their future.
Everyone is heavily in debt. Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor.
• The hotel owner takes the banknote in a hurry and rushes to his meat supplier to whom he owes E100.
• The butcher takes the money and races to his supplier to pay his debt.
• The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago.
• The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit.
• The prostitute quickly goes to the hotel, as she was owing the hotel for her hourly room used to entertain clients.
At that moment, the rich Russian comes down to reception and informs the hotel owner that the room is unsatisfactory and takes his E100 back and departs.
There was no profit or income. But no one any longer has debt and the small town’s people look optimistically towards their future.
Diaoyu protest ship halted ‘for its own safety’
“You are also a Chinese. Why did you try to aid evil-doers at a time when the Chinese Communist Party was sucking up to the Japanese?” Leung Kwok-hung said.
Graft-fighters sharpen skills
The first group of 780 county-level graft-fighters was summoned to Beijing last week for eight days of training on stemming corruption in local governments.
Pain of isolation shines through heartfelt story of confinement
In memoirs that are largely objective but calm, Zhao Ziyang opens his heart to recount the pain of his isolation after the bloodletting at Tiananmen when he was put under a house arrest that was illegal and extremely secretive.
Memoirs will cause party to reflect, ex-Zhao aide says
The memoirs of the former leader sacked in 1989 for sympathising with the Tiananmen student protesters would give the Communist Party plenty to think about when deciding the country’s political future, his one-time top aide said.
‘I was repelled by Li Peng’s attitude’
A meeting at Deng Xiaoping's house in the summer of 1989 after the Tiananmen crackdown. It is the only known visual record of a meeting at the place where the crackdown decision was made.
Tapes smuggled out as music
The 30 musical cassette tapes were spirited out of the country by former aides and supporters. They had been secretly recorded by ousted party chief Zhao Ziyang.
Zhao Ziyang’s secret memoirs
A 1993 photograph of the late Zhao Ziyang, who was head of the Chinese Communist Party during the 1989 Tiananmen crackdown. His secretly recorded memoirs, to be published this month, shed light on the ongoing political war in the party at that time.
Deposed Chinese leader’s memoir out before June 4
In this May 19, 1989 file photo, Communist Party General Secretary Zhao Ziyang
Thursday, 14 May 2009
Volatility Too High to Signal Bull Market, Bank of America Says
The two-month rally in global equities does not herald the start of a bull market because price swings are too violent, according to Bank of America Corp.
Confessions of Chinese Derivatives Deals, Part 1
In this first instalment in a series, an expert tells how investment banks sold derivatives in China that may be ticking time bombs.
Exuberance in Taiwan as Ties With China Warm
The bulls are running hard in Taiwan as the island prepares to open its doors to mainland Chinese investment for the first time since breaking from Beijing in 1949.
Maintaining Sino-Japanese relations at Diaoyu’s cost?
SINO-JAPANESE relations have greatly improved since Junichiro Koizumi stepped down as prime minister in 2006. None of his successors have visited the controversial Yasukuni Shrine.
Sympathy for waitress who stabbed official
Internet users have expressed their support for a hotel waitress who killed a government official in Badong county, Hubei, after he allegedly tried to get her to take money in exchange for sex.
Wilmar may hive off China ops as new firm
Listing could be sought in Hong Kong but idea is still in early stages, says CEO
Taiwan to open selected business sectors to China investors
The 99 categories include computers, hotels, retailing
Subscribe to:
Posts (Atom)