Doublespeak del gobierno chino

Después de que el gobierno chino haya decidido permitir la venta de sólo la minoría de una empresas local de maquinaria de construcción, un oficial chino dijo:

"la venta de empresas a extranjeros puede resultar en china perdiendo su tecnología a rivales extranjeros."

El gobierno chino preocupado que su tecnología pase a otros. ¡Eso es doublespeak!

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Carlyle backs down on size of Xugong stake

Carlyle, the US buy-out group, has bowed to Chinese political pressure and agreed to acquire a minority stake in China's biggest construction machinery maker.

It was announced at the weekend that Carlyle had signed an agreement to acquire 45 per cent of Xugong Construction Machinery, confirming a report in the Financial Times last week.

The development follows a saga that began in October 2005, when Carlyle agreed to pay $375m (€282m) for an 85 per cent stake in Xugong, whose parent is controlled by the local government of Xuzhou city, after a year-long public auction.

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Chinese government doublespeak

After the chinese government decided to only allow a minority foreign stake in a local construction machinery company, an official said:

"the sale of such companies to foreigners could result in China losing its technology to overseas rivals."

The Chinese government is concerned about their technology passing to others. That is doublespeak!

See article:
Carlyle backs down on size of Xugong stake

Carlyle, the US buy-out group, has bowed to Chinese political pressure and agreed to acquire a minority stake in China's biggest construction machinery maker.

It was announced at the weekend that Carlyle had signed an agreement to acquire 45 per cent of Xugong Construction Machinery, confirming a report in the Financial Times last week.

The development follows a saga that began in October 2005, when Carlyle agreed to pay $375m (€282m) for an 85 per cent stake in Xugong, whose parent is controlled by the local government of Xuzhou city, after a year-long public auction.

See full Article (paid subscription required).

Nathaniel Rothschild doublespeak

An article about the rise of the new Rothschild has the following quotes:

"With his shabby dress, limited financial experience and energetic social life, he did not make much of a first impression, according to Eric Gleacher, chairman and founder of the bank who is a close friend of Jacob Rothschild, known as Lord Rothschild." "He was kind of floundering" Mr. Gleacher said.

He really impressed at first, enough to get a coveted job!

"...agreed to meet with Mr. Rothschild at the request of Mr. Rothschild’s father, a longtime friend.

“He did not carry the halo of being the future of the family,” Mr. Munk recalled of their brief meeting in the lobby of Claridge’s, the hotel in London. “I wanted to get rid of the boy.”

“This kid is special,” he said. “It’s back to when they were ruling the world.”

Huh!

“He has had an incredible evolution, and he has done it on his own,” Mr. Barakett said. “It’s not about family connections."

Huh! Huh!


Now that is doublespeak!

See article:
Happy or unhappy, each family generation often resembles another, and that is especially true when it comes to the Rothschilds.

More than 200 years after Mayer Amschel Rothschild founded the family dynasty that offered discreet counsel and investment wisdom to kings, queens, emperors and industrial titans, his 35-year-old direct descendant, Nathaniel, has emerged as a kingmaker in his own right and an investor who some say may become the richest Rothschild of them all.

In five short years, the man in line to be the fifth Baron Rothschild is close to becoming a billionaire through a web of private equity investments in Ukraine, Eastern Europe and most significant, his partnership stake in Atticus Capital, the fast-growing $14 billion hedge fund.

See full Article.