Word: asianess
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...Macau market, where gaming has been on fire. Indeed, gaming revenue totaled $15 billion in Macau in 2009, which is three times Las Vegas' $5 billion, according to Brashear, and both Wynn and LVS relied on Macau for more than 60% of their earnings in 2009. "The expansion in Asia has been unbelievable," says Brashear. "There's 2.5 billion people within a five-hour flight of Macau, and that's nearly 40% of the world's population...
...Megatrends appears just as the world is rethinking China's rise. Google's threat to pull out of China, friction over the Dalai Lama, problematic international access to China's domestic market, the country's flawed regulatory environment, its voracious hunger for resources, its geopolitical maneuvers in Africa and Asia: all have lent urgency to worries about the country's ascendancy. But not for John and Doris Naisbitt. To them, China is an unalloyed success, one whose virtues are too little understood. Take Internet censorship: "Actually, most of the concerns about the Internet are in Westerners' heads...
...middlebrow works that offer extremely generalized social and economic predictions. The first Megatrends (1982) was a publishing phenomenon that sold over 9 million copies and spent two years on the New York Times best-seller list. It was followed by Megatrends 2000 (1990), Megatrends for Women (1992) and Megatrends Asia (1996). But although almost 30 researchers worked on China's Megatrends, it has all the hallmarks of a glib, bolt-on extension to the juggernaut. It is breathtaking in its simplistic, groveling and ill-informed treatment of the world's next superpower. (See pictures of China mourning the potential loss...
...Asia is a tougher row to hoe. The company opened a factory in Pune, India, in 2001 and has several operations and joint ventures in China. But the Indian tractor maker Mahindra & Mahindra has also begun selling its wares - less sophisticated but cheaper - in the U.S. "If Deere is making the Lexus or Mercedes of farm equipment, Mahindra is making Hyundai quality," Tiss says...
...Springtime sandstorms are common in China, as Siberian winds blow dust and sand off the Gobi desert across east Asia - sometimes as far as North America. But the size of the storm that began Saturday has surpassed what China's capital has seen recently. The storms began in desert areas of the Chinese region of Inner Mongolia and the adjacent central Asian nation of Mongolia, which is suffering from the combination of a dry summer followed by a brutally cold winter. The UN has set aside $3.7 million in aid to help Mongolia recover from the extreme conditions, which have...