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...much of China's recent history, this difference was a liability. The country's vast, mostly agrarian West was isolated from the international economy and lagged badly behind the booming east coast in progress and prosperity. Nine years ago, Beijing sought to begin closing this development gap by investing heavily in highways, airports and other infrastructure across the western region. This has helped to kick-start growth. So has geography: Xi'an's lack of exposure to crashing global markets means it has barely been singed by the crisis. In fact, the city has benefited. It's received $230 million...
...investment and development has translated into prosperity for Xi'an residents. The per capita GDP of the city has increased 150% between 2001 and 2008 to $3,800 (though it remains far behind rich coastal cities like Shanghai, where GDP per capita exceeds $10,500). Consumer spending is growing quickly as well. In the first nine months of 2009, retail sales in Xi'an jumped 19% compared to those in the same period a year earlier, well above the 14.8% posted in China's cities nationally. BofA Merrill Lynch estimates that retail sales in the western provinces rose...
Nabokov spent his last years in a grand hotel in Montreux, Switzerland--after Lolita he could afford it--working on a novel called The Original of Laura. But he died before he could finish it, leaving behind a box of 138 index cards that he instructed Vera to destroy. This...
With the wind behind them in the first half, the Harvard players looked to take advantage of the weather and pushed hard for an early goal...
After shaking off their rust last weekend at the Garret Penn State Open, the Harvard fencers seemed to be more comfortable in their shoes, as the women went undefeated and the men followed close behind, only losing close contests to Penn State and Princeton by three bouts each...