News » Politics » Weak performance prompts Mercedes-Benz to rethink China strategy

News » Politics » Weak performance prompts Mercedes-Benz to rethink China strategy


Weak performance prompts Mercedes-Benz to rethink China strategy

Posted: 27 Jan 2013 04:43 AM PST

Mercedes-Benz is facing challenges as it saw lower than expected sales in China last year and reports weaker performance than competitors. Three senior executives at the company have been moved or hav...

Debt-addled LDK Solar sells off 12% stake to Fulai Investments

Posted: 27 Jan 2013 03:55 AM PST

LDK Solar, one of China's largest manufacturers of solar power technology, will sell a 12% stake to Fulai Investments, raising US$31.1 billion, according to an agreement reached between the two compa...

US think tank head urges Taiwan to cut military power against China

Posted: 27 Jan 2013 03:51 AM PST

US Center for National Policy Scott Bates said that Taiwan should cut half of its military forces against China, the China Times reported on Jan. 26. China Times did not reveal when Bates made the re...

SOEs cut annual parties under frugality call

Posted: 27 Jan 2013 02:59 AM PST

The winds of a frugality campaign that has swept across China in recent weeks have also blown through wealthy state-owned enterprises, making them call off once-gaudy annual parties. SOEs' celebratio...

Former NE China lawmaker arrested over sex scandal

Posted: 27 Jan 2013 02:59 AM PST

A former lawmaker from northeast China's Heilongjiang province has been arrested following a rape accusation from a female journalist, local authorities confirmed on Friday. An investigation by the l...

Post-pollution business opportunities embarrass rising China

Posted: 27 Jan 2013 02:47 AM PST

Smart Chinese businessmen have secured another odd business opportunity — selling facemasks and air purifiers as large swathes of the country have been shrouded in lingering hazardous smog. Pharmaci...

Taiwan developing supersonic cruise missiles: report

Posted: 27 Jan 2013 02:27 AM PST

Taiwan has recently achieved some progress in its plan to develop a supersonic cruise missile that can reach distances as far as the central Chinese city of Wuhan, according to a report published by t...

Hit Chinese period drama to be broadcast on US network TV

Posted: 27 Jan 2013 01:03 AM PST

Period costume drama Empresses in the Palace, a TV series produced in China, has sparked a recent fad for an old-fashioned mode of speech in China and Taiwan; the series, which has seen outstanding vi...

Beijing to launch trial scheme to reduce food waste

Posted: 27 Jan 2013 12:59 AM PST

The Beijing municipal government is planning a trial program to reduce the amount of food waste produced by local residents. The garbage collection fees for residents in two districts of the capital w...

Changing China: 40% of women now out-earn husbands

Posted: 27 Jan 2013 12:55 AM PST

As more women in China pursue careers their earning power is catching with (and often exceeding) their male counterparts', overturning stereotypes of traditional gender roles in this still largely con...

China's third-tier cities home to expanding ghost towns

Posted: 27 Jan 2013 12:55 AM PST

With the advent of 2013, the transaction volume of previously-owned homes in Beijing soared 360%, prompting many listed realty firms to revise their sales targets upward for the year. The trend contr...

A woman's ghostly specter saves on ghastly parking fees

Posted: 27 Jan 2013 12:55 AM PST

A Chinese woman has used some rather ghastly tactics to get out paying her parking ticket by scaring the employee at the ticket booth out of his wits — and the parking lot owner's money. The woman's...

Qualcomm key to success of Chinese mobile phone brands abroad

Posted: 27 Jan 2013 12:55 AM PST

US-based semiconductor and telecom equipment manufacturer Qualcomm will help its Chinese partners develop their affordable high-end smartphones for foreign markets with its innovative Qualcomm Referen...

Beijing's smog scare underscores toxicity of local oil

Posted: 27 Jan 2013 12:55 AM PST

Several major cities in China have been shrouded in toxic smog this month, arousing concern among local residents over the quality of indigenous oil products, the sulfur content of which reportedly su...

Men the drivers of China's luxury goods market

Posted: 27 Jan 2013 12:55 AM PST

Men in China spend more on luxury goods than women, accounting for 55% of the market, according to CLSA Asia Pacific Markets, a Hong Kong-based financial services group. Most items are bought as gif...

Said the Sea Turtle to a Frog in a Well

Posted: 26 Jan 2013 05:25 PM PST

A sea turtle swims in the depth of the sea among beautiful fish, shellfish, and coral reefs. (Tarik Tinazay/AFP/Getty Images)

A sea turtle swims in the depth of the sea among beautiful fish, shellfish, and coral reefs. (Tarik Tinazay/AFP/Getty Images)

One day, a frog that lived at the bottom of a shallow well spoke in high spirits to a turtle of the Eastern Sea.

"My life in the well is really a joy! When I jump out of the well, I climb onto the outside rail. When I return, I rest in a crack inside the well.

"As I swim, the well water covers my armpits but my head rests above it. Playing in the mud, I bury my feet in it.

"Look at the cockles, crabs, and toads around me who live as happily as I do. Furthermore, this well is my own territory, serving my own enjoyment. What a wonderful life this is. Why don't you come in to see for yourself?"

At the frog's invitation, the turtle prepared to enter the well. But before he could move his left leg, his right leg was blocked by the well's rail. He retreated to the side of the well, and started to tell the frog about the sea.

"How big is the sea? Even 1,000 miles would not describe its breadth; 10,000 feet would not describe its depth.

"During the time of the Great Yu [of the Xia Dynasty], within 10 years there were 9 years of floods yet the level of the sea did not seem to rise.

"During the time of Tang [of the Shang Dynasty], within eight years there were seven years of drought yet the seashore did not seem to recede.

"Not to be affected by the passage of time or the wax and wane of the tide, thus is the great joy of living in the Eastern Sea."

Hearing about the sea, the frog was shocked. It began to sense the smallness of its own life in the well.

Broadening One's Horizons

This is the story of the Chinese idiom "the frog at the bottom of a well" (井底之蛙, pronounced jǐng dǐ zhī wā), which describes a person who is narrow-minded or possesses shallow knowledge.

The story originates from a passage in a chapter titled "Autumn Waters" (秋水) in the book "Zhuang Zi" (莊子).

Self-righteousness and conceit are often the result of closed-mindedness and ignorance.

In the passage, the Spirit of the Northern Sea referred to the frog at the bottom of a well when speaking to He Bo, the Spirit of the Yellow River, who thought there was nothing equal to the river where he lived until he beheld the vastness of the great sea.

The Spirit of the Northern Sea said: "There is no way to discuss the ocean with a frog at the bottom of a well, due to the limitations of its living environment.

"There is no way to explain ice to summer insects, which only know about the conditions of their own season.

"There is no way to speak about the Dao (道) with those with limited views, who are restrained by the teaching they have received.

"Today, only because you have beheld the great sea are you able to recognize your own ignorance and insignificance. Thus it is possible to talk with you about great principles."

People's practical environments limit their thinking and understanding, and self-righteousness and conceit are often the result of closed-mindedness and ignorance.

This story advises people that only by broadening their horizons and letting go of their preconceived notions can they liberate their minds to accept and understand higher principles.

The Epoch Times publishes in 35 countries and in 21 languages. Subscribe to our e-newsletter.

The Benevolent Has No Enemy

Posted: 25 Jan 2013 09:16 PM PST

Meng Zi believed that officials who practice benevolent governance will meet with no opposition. He said that the superior man, when looking up, has no reason to feel shame before Heaven, and when looking down, has no reason to feel shame before men. (Satit Srihin/Photos.com)

Meng Zi believed that officials who practice benevolent governance will meet with no opposition. He said that the superior man, when looking up, has no reason to feel shame before Heaven, and when looking down, has no reason to feel shame before men. (Satit Srihin/Photos.com)

"The benevolent has no enemy" (仁者無敵, pronounced rén zhě wú dí) is a Chinese idiom that originated from Meng Zi (孟子), also known as Mencius, the most well-known successor of Confucian doctrine.

Meng Zi advised rulers to administer a benevolent government, be sparing in the use of punishment and fines, and make taxes and levies light.

In this way, the people can properly tend to their fields in order to support their parents and families. They will cultivate their filial piety, respectfulness toward others, and their loyalty and sincerity, serving their elders and superiors.

Such a ruler will meet with no opposition.

The Epoch Times publishes in 35 countries and in 21 languages. Subscribe to our e-newsletter.

Being Happy to Learn About One’s Own Shortcomings

Posted: 26 Jan 2013 05:02 PM PST

Businessmen have an informal discussion by the window at the office. Being open to accepting criticism and constructive advice can help one solve problems and make changes to continually improve affairs and relationships at work and in everyday life. (imtmphoto/Photos.com)

Businessmen have an informal discussion by the window at the office. Being open to accepting criticism and constructive advice can help one solve problems and make changes to continually improve affairs and relationships at work and in everyday life. (imtmphoto/Photos.com)

"Being happy to have one's shortcomings pointed out" (聞過則喜, pronounced wén guò zé xǐ) is a Chinese idiom that originated from Meng Zi (孟子), also known as Mencius, the most well-known successor of Confucian doctrine.

The idiom refers to being glad to hear criticism and being open to accepting new ideas.

Meng Zi once praised Zi Lu, a student of Confucius, stating: "When someone directly points out a mistake that Zi Lu has made, Zi Lu is happy."

The Epoch Times publishes in 35 countries and in 21 languages. Subscribe to our e-newsletter.

Using Pretty Words to Cover Up Faults

Posted: 25 Jan 2013 10:55 PM PST

A little boy digs into the candy dish without permission. Pretty words cannot undo a wrongdoing. (Taylor Hinton/Photos.com)

A little boy digs into the candy dish without permission. Pretty words cannot undo a wrongdoing. (Taylor Hinton/Photos.com)

"Using pretty words to cover up faults" (文過飾非, pronounced wén guò shì fēi) is a Chinese idiom that refers to using eloquent words to gloss over a mistake, conceal a fault, or cover up a wrongdoing.

It originates from two sources. The first part, 文過 (wén guò), is from the "Analects" of Confucius, in a passage in which one of Confucius's disciples, Zi Xia, states: "A person of low moral character is sure to gloss over his faults."

The second part, 飾非 (shì fēi), is from "Zhuang Zi," in a chapter called "The Robber Zhi" in which Ji Liuxia described his brother Dao Zhi as being "eloquent enough to hide his faults."

 

The Epoch Times publishes in 35 countries and in 21 languages. Subscribe to our e-newsletter.

Ian Bremmer: Derek Jeter Should Stick to Baseball: Challenges at Davos

Posted: 26 Jan 2013 12:23 PM PST

2013-01-23-FinalDavosDiariesbanner.jpgThere have been a lot of publicity stunts to bring attention to climate change. But surely the only thing less effective than global climate summits is having Derek Jeter tackle the issue.

Read more: Politics, India, Eurozone, Shinzo Abe, Middle East, Davos, Washington, Climate Change, United States, Derek Jeter, Eric Cantor, China, World Economic Forum, Business News

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