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...that China's state-controlled companies have begun a shopping spree triggered by their access to cash and an eye to assets in other parts of the world beaten down by the recession, the fight over whether some assets are "too big to be bought" is heating up. There have been rumors that Chinese car companies might bid for auto brands in the U.S. and Europe. China's sovereign fund may be a bidder for AIG's (AIG) huge airplane lease division ILFC...
...China may have access to tremendous amounts of capital to shop for assets outside the country, but it may have extremely limited opportunities to spend...
...isolation from a burgeoning China has stunted the development of the entire economy. As costs at home have risen and the island's manufacturing has moved offshore, Taiwan has needed to foster new industries, especially in the service sector, to generate growth and jobs, but a lack of access to China has hindered those efforts. "The transformation from a manufacturing base to more of a services base is still experiencing labor pains, and it still has a lot to do with cross-strait difficulties," Kung laments. (Read "Taiwan's New Head Seeks Change...
After decades of impotent loathing, I finally found myself in a position to take action. I was gifted a $325 ticket to the new Yankee Stadium to see Satan's pinstriped nine play my beloved Baltimore Orioles. It turns out that $325 buys not just an excellent seat but access to the all-you-can-eat buffet in the superswanky Legends Suite. My plan was simple: eat enough so that at the end of the season, the accountants would say, "What happened on May 19? We lost so much on concessions that night that we can no longer afford...
...have probably dedicated more of my life to trying to break down those barriers for people. I think that might be one of the small themes in my professional life, is to try to be the bridge so that more people feel like they have access; that their voice, that their faces, that their worlds count in places like this and that there is understanding across those divides...