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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	1/20/2011 10:30:11 PM
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** OT ** Coke Chief Gets Lost in Translation Toasting Hu By Michael Forsythe - Jan 20, 2011 Coca-Cola Co. Chief Executive Officer Muhtar Kent found a memorable way to toast Chinese President Hu Jintao: use Japanese. Kent, chairman of the Washington-based U.S. China Business Council, was warming up the crowded ballroom at Washington’s Wardman Park Marriott Hotel for Hu’s only policy address during his four-day trip to the U.S., which ends tomorrow. “In honor of this very historic moment, I would like to propose a toast to President Hu and also to his esteemed delegation, kanpai,” Kent said. His toast was followed immediately by laughter from the crowd, which included hundreds of China hands, including former Secretary of State Henry Kissinger, former ambassador to China James Sasser and White House National Security Council China director Evan Medeiros. The toast in Chinese is ganbei, pronounced gahn-bay. The phrases in both languages use the same Chinese characters. bloomberg.com

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