BusinessWeek, Dec 19, 2016

choi

(1) Bruce Einhorn, Peter Pae, Jungah Lee, Kanga Kong, and Abhishek Vishnoi, South Korea Tries to Curb the Chaebol.
https://www.bloomberg.com/news/a ... its-corporate-elite

Quote:

"2016 was a year to forget for the conglomerates that dominate the economy. The country's biggest container line, Hanjin 韓進 Shipping, filed for bankruptcy protection in August * * * The top automaker, Hyundai Motor, suffered 3 trillion won ($2.6 billion) in lost production from labor disputes, including a three-week wage strike in September and October. Prosecutors in October indicted five members of retail giant Lotte Group's founding family, including Chairman Shin Dong-bin 辛東彬, on charges including tax evasion and embezzlement. In the most embarrassing setback, mighty Samsung Electronics in October killed its Note 7 smartphone

"Manufacturers are suffering from the slowdown in China, South Korea’s top export market, and soft demand elsewhere. Export growth has declined in 21 of the past 23 months. Youth unemployment is 9.3 percent, in part because rigid labor laws discourage employers from hiring young graduates.

"Koreans are struggling to boost their living standard [usually measured as per capita GDP]—despite clocking an average of 2,113 hours on the job last year, behind only Mexico among Organization for Economic Cooperation and Development countries.

Note:
(a) summary underneath the title in print: Legislators grill leaders of the huge conglomerates about bribes
(b) Lotte (conglomerate)
https://en.wikipedia.org/wiki/Lotte_(conglomerate)
(Founder SHIN Kyuk-Ho 辛格浩 ([also known as] Takeo SHIGEMITSU 重光 武雄), Korean [1922- ; still alive]; section 1 History, section 1.1 Name)

* Werther is a masculine given name in Germany.
http://www.behindthename.com/name/werther
(c) You can stop reading at the last, or third, quotation above. Up to that, the article is about macroeconomics in South Korea. After that, it is about Chaebols and trivial.

choi

(5) Jason Gale, Lydia Mulvany and Monte Reel, On Chinese Aquaculture Farms, The Fish Are Pumped with Antibiotics, as Are the Pigs, Whose Waste Feeds the Fish. So Let's Talk About That Seafood Platter. (one of the three feature stories)
https://www.bloomberg.com/news/f ... ds-up-on-your-table

Note: "a farm in Datianlang in China's Guangdong province"
(a) 广东省肇庆市高要区回龙镇 大田朗村
(b) 高要区
https://zh.wikipedia.org/wiki/高要区
("2015年4月28日，国务院关于同意广东省调整肇庆市部分行政区划的批复（国涵[2015]76号）。撤销高要市，设立肇庆市高要区，以原高要市的行政区域为高要区的行政区域")

That is why in the Web, 高要区 remains identified as 高要市, which is wrong.

(6) Nancy Kanter, General manager, executive vice president for original programming, Disney Junior Worldwide. (in the column that is always placed last: How Did I Get Here?)
https://www.bloomberg.com/featur ... e/nancy-kanter.html

Note: This is the only interesting part of the story: a word.

"My dad was an advertising executive, and he put me and my two sisters in a national Johnson floor wax commercial. I wound up getting residuals, which I never saw until I was in college, and had this nice little nest egg."

residual (n): "a payment (as to an actor or writer) for each rerun after an initial showing (as of a TV show)"
https://www.merriam-webster.com/dictionary/residual

choi

(2) Angus Whitley and Kyunghee Park with Michael Sasso, Mary Schlangenstein, and Dong Lyu, China Challenges the Giants With Low Fares.
https://www.bloomberg.com/news/a ... -to-global-carriers

Quote:

"The Boston resident [Gina Capella] and her friend saved hundreds of dollars last year taking China Southern [and spent four hours at Guangzhou Baiyun International Airport waiting for a China Southern Airlines connection to Sydney] instead of a nonstop flight from Seoul with Korean Air Lines or Asiana Airlines. 'We didn't mind the layover because it was so much cheaper,' she says. 'Like, almost half the price.'  Chinese airlines are flooding the world with some of the lowest longhaul fares ever seen—think Air China's $399 round-trip flash sale from New York to Tokyo, Seoul, and Hong Kong in July.

"China's three biggest carriers—Air China, China Eastern Airlines, and China Southern—are state-controlled.

Note:
(a) summary underneath the title in print: Its discounters are hurting established long-haul lines
(b) "Will Horton, an analyst at the CAPA Centre for Aviation"

CAPA
https://en.wikipedia.org/wiki/CAPA
(may refer to"Centre for Aviation, formerly Centre for Asia Pacific Aviation, an Australia based aviation information and analysis consultancy")

(3) Ting Shi, David Tweed, and Aibing Guo, with Ilya Arkhipov, Chris Blake, Joe Carroll, and Henry Meyer, Will Beijing Also Have A Friend at State?
(Besides Rex Tillerson's well publicized friendship with Putin: "What hasn't yet drawn public scrutiny is Tillerson's long relationship with Beijing, which has included tension over Exxon's [exploring] activities in the contested South China Sea [on behalf of Vietnam].

Note:
(a) summary underneath the title in print: Exxon CEO Rex Tillerson is Trump's pick for top diplomat
(b)  "Fu Mengzi, vice president 副院长傅梦孜 of the State Security Ministry-backed China Institutes of Contemporary International Relations 中国现代国际关系研究院 [1965- ; based in Beijing]"
(c) BusinessWeek does not put the article online.

Ting Shi, David Tweed, and Aibing Guo, Trump's Top Diplomat Would Bring Complex History With China From Exxon Days. Bloomberg, Dec 14, 2016
https://www.bloomberg.com/politi ... age-from-exxon-days

is similar but not identical.

(4) Katia Dmitrieva, Chinese Buyers Move on from Vancouver.
https://www.bloomberg.com/news/a ... llion-seattle-homes
("British Columbia announced a 15 percent tax on foreigners buying property in the Vancouver area")

Note: summary underneath the title in print: A tax on foreign investors makes Seattle and Toronto look better