Richard Baum
Richard Baum
Richard Dennis Baumwas an American China watcher, Professor Emeritus of political science at UCLA, and former Director Emeritus of the UCLA Center for Chinese Studies, noted for his many academic works on Chinese politics. Baum creditted Rhoda Sutherland of Oxford University with inspiring his interest in linguistics...
rained square students
The students in the square rained on Deng's parade,
bit consumer home secular slower truly
It was a little bit slower than it has been, but consumer electronics and home furnishings are still very, very strong, ... If we were truly in a secular slowdown, we would see slowdowns in all categories.
age-and-aging basically carry cents dollar inventory sell unless worst
The worst thing is to carry inventory over. Unless it's wine, it doesn't get better with age. It's basically better to sell it for 10 cents on a dollar than keep it.
against barometer both human rights since weapon
Ever since Tiananmen, of course, the U.S. has used human rights both as a barometer and as a weapon against China,
art crystal science
There's more art than science to this. Put yourself in their shoes. You don't have a crystal ball. You don't know what to expect.
hitting
If they're not hitting the week's plan, they have to do something.
deal europe last main super target
Last year, they did this in conjunction with the Super Bowl, and the main target was the U.S.. This year's target was Europe. It's probably as big a deal in Europe as last year's was here.
china field mike past prime three
Mike was a prime mover in the contemporary China field -- in some respects, the prime mover -- for much of the past three decades,
aspect buys commitment delivering fashion few frequently gross happened improve inventory less minimize missed stores terms
We think there's very few of them that can be long-term buys because of the fashion aspect of it, ... In Gap's case, what's happened here is that they've acknowledged that they have missed fashion but, in terms of their inventory management, they'll be delivering more frequently to the stores with less inventory commitment to each delivery. That should minimize their markdowns and improve their gross margins.
environment extremes good struggling
It's very mixed. When you get into an environment like this, the extremes get magnified -- the good do better and the struggling do worse. It's like quicksand.
change chaos china close edge gradual heal looked needs saying time
They had come close to the edge of chaos and looked over, and they didn't like what they saw, ... Now they were saying that China needs time to heal its wounds, that we'll have gradual change instead.
add business planned prepared promotions
They have their planned promotions, but they have to be prepared to add some planned promotions in there if business is not happening.
centre harder particular thus
Zhao Ziyang, on the other hand, was very much at the centre of that particular storm, and thus will be harder to rehabilitate.
against coming facts number
They are coming up against a number of uncomfortable facts,