Word: begun
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...landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed down...
...Buttressing that sort of attitude are the limited ways in which Chinese citizens can put their nest eggs to work. Bank interest rates remain regulated and miserly - offering less than 1% return on a standard savings account - and China has only just begun to open the door to its citizens being able to invest legally abroad. For most savers, that leaves real estate or the stock market - and if an apartment is the equivalent of a bar of gold, the stock market is the equivalent of a casino. Generally speaking, the Chinese love to gamble, but they love their bars...
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...
Though a new year has begun for the Harvard women’s golf team, one thing remains the same—the squad’s ability...
...polls by then governor George W. Bush, are warning White that he must define himself early, before Perry does, and not let Republicans tie him to Washington, a tactic that mortally wounded the campaign of Hutchison in her primary run against the governor. But that mantra has already begun, with the Perry camp dubbing White an Obama adviser and emphasizing his ties to the Clinton Administration...