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People & Points
Print Edition> People & Points
UPDATED: May 7, 2010 NO. 19 MAY 13, 2010

Telecom Hero


Wang Jianzhou, Chairman and Chief Executive Officer of China Mobile Co. Ltd., has been awarded this year's World Telecommunication and Information Society Award by the International Telecommunication Union. He shares the honor with Malaysian Prime Minister Dato' Seri Najib Tun Abdul Razak and founding Chairman of the U.S. Corp. for National Research Initiatives Robert Kahn, whom the Union said have contributed to the ongoing digital revolution.

With extensive knowledge and 32 years of experience in the telecommunications industry, Wang, 61, assumed his current posts in November 2004. He is also president of China Mobile Communications Corp., the ultimate controlling shareholder of Hong Kong- and New York-listed China Mobile.

Wang graduated in 1985 from the Department of Management Engineering of Zhejiang University with a Master's degree in Engineering, and holds a doctorate in business administration from Hong Kong Polytechnic University. He previously worked at the Ministry of Post and Telecommunications and served as president, chairman and Chief Executive Officer of China Unicom Ltd. and as chairman and president of China United Telecommunications Corp. Ltd.

Basketball Helmsman


American Bob Donewald Jr, a former assistant with NBA teams New Orleans Hornets and Cleveland Cavaliers from 2001 to 2004, has taken over China's men's basketball team as head coach. He replaces Guo Shiqiang, who remains as an assistant coach.

Donewald, 40, is the third foreigner to coach China's national team, following his compatriot Del Harris and Lithuanian Jonas Kazlauskas.

Donewald was hired by the Shanghai Sharks as their head coach in 2009. He took the Shanghai Sharks to the semifinals of the Chinese Basketball Association league in the 2009-10 season, their first in eight years.

Though Yao Ming, China's No.1 basketball player and the center for the NBA's Houston Rockets, is still recovering from a foot injury and unlikely to return to competition this year, Donewald said he was confident about leading the Chinese side to a respectable result at the world championships in Turkey in August and defending its title at the Asian Games in Guangzhou, in south China's Guangdong Province, this November.

Disgraced Property Developers



Zhang Zhiqin and Que Jingde, two Shanghai businessmen, have been sentenced to life imprisonment for their involvement in a fatal residential building collapse last year.

Zhang, 51, was the largest shareholder and general manager of the Shanghai Meidu Real Estate Co., and Que, 52, was the company's second largest shareholder.

On June 27, 2009, a 13-story building built by Meidu in Shanghai's suburban Minhang District fell on its side almost intact, killing a worker. Investigations attributed the accident to illegal underground garage excavation.

The Shanghai No.1 Intermediate People's Court convicted Zhang and Que of jointly embezzling more than 40 million yuan ($5.9 million) of corporate funds from September 2000 to April 2001. Zhang was also found guilty of misusing 440 million yuan ($65 million) of corporate funds for personal gain, and negligence.

"No country or group of countries can address all security issues on its own. And only when security for all is achieved, can peace and security for individual countries be safeguarded."

Li Baodong, Permanent Representative of China to the UN, at the 2010 Nuclear Non-Proliferation Treaty Review Conference in New York

"The current negotiations have not been negotiations at all, because no buyers have been given a say."

Luo Bingsheng, Vice Chairman of the China Iron and Steel Association, on the stalled price negotiations between Chinese steel mills and their foreign iron ore suppliers

"This is not going to be a black tide of oil, it's globs of oil coming in patches, but it's going to come for a long time. At this point, it's impossible to protect everything."

Ed Overton, an emeritus professor of environmental science at Louisiana State University, on difficulties in cleaning up the massive oil spill in the Gulf of Mexico after an explosion on the Deepwater Horizon rig on April 20

"We are called on today to make a basic choice. The choice is between collapse or salvation."

George Papaconstantinou, Greece's Finance Minister, on a deal with the EU and IMF for a $145-billion financial rescue, in return for which Greece must commit to years of austerity measures

"Cigarettes kill people. Therefore, the government makes no apology whatsoever over what it's doing."

Kevin Rudd, Australian Prime Minister, on his government's plan to ban brand labels on cigarette packaging

"We beat ourselves up for that."

Lloyd Blankfein, CEO of Goldman Sachs, admitting, in an interview with CNN that his company bears some blame for the real estate bubble that led to the global financial meltdown

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