Word: avoiders
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This measured, strategic-stake approach may help Chinese firms avoid the disaster that befell many Japanese companies when they went on their own foreign spending spree in the late 1980s. The Japanese not only met considerable public opposition in the U.S., but in several instances, vastly overpaid for glamorous properties such as the Pebble Beach golf course. "I don't expect China to go in for trophy properties," says JPMorgan's Ulrich. "They know the lesson of the Japanese debacle." That said, she concedes, the odds are that Chinese companies will make mistakes of their own, given the sheer volume...
...Still, the two sides did agree to create a security committee to address some of the issues raised, and there's every likelihood that such meetings will continue. But their agenda, by mutual consent, will studiously avoid the fundamental strategic conflicts between the U.S. and Iran over Tehran's regional ambitions and its drive to attain the capacity to build nuclear weapons...
...regime's move to ration gasoline to prepare for the still distant possibility of sanctions on its import. (Although Iran is one of the world's largest oil exporters, its own refining capacity is so poor that it is forced to import gasoline.) Tehran would obviously also prefer to avoid a frontal confrontation with the vastly technologically superior U.S. military. So, the U.S. and its allies are not without leverage of their...
...could not say for certain whether the opt-out rate appeared to be lower than at this time last year, he said that—regardless of the final monetary figure—the new policy would offer previously nonexistent feedback regarding the mindsets of those who chose to avoid...
...Filmmakers say the censors could avoid the problem by dispensing with cuts made on the basis of Suharto-era censorship regulations, and instead simply employing a ratings system. "The censors are not relevant anymore," says Riri Riza, 36, whose Three Days suffered 11 cuts. "We need to get rid of the scissors because the current system is not transparent and left to a team who operate behind closed doors...