Word: boom
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Dates: during 2000-2009
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...several lifestyle magazines; and a stable of long-legged beauties who would soon make up Yifei Modeling Agency, China's largest. Collectively, Chen's enterprises earned $200 million last year and brought an East-meets-West style to Chinese citizens caught up in the country's extraordinary economic boom. Along the way, of course, the exuberant, cigar-chomping Chen attracted plenty of money and investment to his homeland. But he succeeded, too, in his larger goal: beauty had returned to China...
...even during the years when the town was lunging and sprawling its way to becoming the nation's fourth-largest city (pop. 1,726,000). Now Houstonians are beginning to notice that big corporations and the builders of futuristic skyscrapers have not been the only beneficiaries of the unregulated boom. Their town has become a leading contender for a little coveted title: America's Pornography Capital...
...minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder If you think new zealand cheese means processed cheddar slices, be prepared for a surprise. The country has seen a mini boom in artisanal cheeses in recent years, with producers taking advantage of a pristine environment and prime, grass-fed dairy cattle to create cheeses that would be at home in any gourmet emporium. Dutch-style cheeses like edam and gouda have been particularly successful. According to Sarah Aspinwall, owner of the award-winning...
...receptive to India, that kind of giddily unrealistic pitch might just work. Indeed, a director at a Bombay brokerage house told me he has been startled by recent encounters with foreign investment firms. Their attitude, he says, is "'Let's just get invested quickly. It's going to boom for the next 20 years, so let's get a piece of the action.' They're not that focused on valuations...
...months ago, with memories of this debacle fading, my brother and I began to discuss buying property together again?this time, in Shanghai. China's economy is growing at about 9.5% a year and Shanghai is the epicenter of the boom, yet apartments there still cost far less than in Hong Kong, Tokyo or New York. That gap will close, says Marc Faber, an emerging-markets expert who writes a newsletter called the Gloom, Boom and Doom Report. "Eventually," he predicts, "Shanghai property prices will be higher than prices in New York...