Word: attractants
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...giant Ping An snapped up 38% of its offered shares, hoping to tap Value Partners' expertise. "The thing about China is it has taken them a long time to shift from what I call a starvation psychology," Cheah says. "They think they're a poor economy, so they should attract money from abroad. Now they're realizing they should be trying to export capital. It's a remarkable U-turn with global importance...
...government's National Endowment for the Arts. The prospect of New York's real estate sector driving out its culture sector has the city worried. Last year Mayor Michael Bloomberg established an office to help nonprofit groups, especially those in the arts, to find affordable space and attract financing. The city's housing agency also set up a $100 million fund to help artists buy the spaces where they live and work...
...Great cities, of course, are about more than money and finance. They are messy agglomerations of talent and culture. That is how they attract men and women in the financial sector who could choose to live anywhere. (Granted, nobody yet would argue that Hong Kong was London or New York's cultural equal, but it's a younger place.) That's a reason why Nylonkong needs to be careful not to kill the goose that laid its golden egg. These places are not cheap. According to the consultancy ECA International, Hong Kong's high-end apartments last year...
...Attract hip advocates...
...state of California has a $3 billion bond issue and they are daily trying to attract away our scientists,” he said, referring to the 2004 bond that funds embryonic stem cell research in that state. “If we can’t move ahead in a timely fashion, I think we will lose many of our leading scientists to other areas...