Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...when the Silk Road was at its peak, China had an open-door policy and foreigners could go there to make a living." Sheng sees a parallel nexus between trade and culture in the contemporary scene: "Asia's interest in Western culture today arises directly from the terrific boom in economic prosperity. Let's face it, culture and the arts always have a close tie to the economy...
...China's economic boom is, quite literally, running out of power. Since 1980, when the nation's economy first began to emerge from the darkness, energy consumption has skyrocketed by more than 150%. But construction of new power plants has not kept pace. Last year, millions of Chinese suffered blackouts when massive power shortages affected two-thirds of the country's 31 provinces and municipalities. Multinational companies operating in China, among them General Motors and Panasonic, were forced to shift their production schedules to off-peak hours, which lost them days of work, while thousands of local companies suspended operations...
...trumpeted its "Green Culture" campaign, which has filled the city with grassy parks and perched flower boxes upon highway dividers. But energy-efficient measures have not been a priority of "Green Culture," even though the city this year forecasts a 2 million-kilowatt energy shortfall. Shanghai's skyscraper boom boasts only a handful of green buildings?structures that consume up to 70% less energy than normal, according to the U.S.-based National Resources Defense Council...
Every good action director knows that before you get the boom, you need the tick, tick, tick. That instant of anticipation occurs near the start of Breaking News, when the roving dread director Johnnie To has carefully built up crystallizes in a single glance that passes between an oblivious cop and a laconic hit man (Richie Jen) posing as a lost motorist. It's pure To, who's proved in classic cops-and-triad films like The Mission and PTU that he possesses a finely tuned mastery of suspense, of those last moments before the ordinary everyday plunges into sudden...
...thus starting to look like that theoretical impossibility, a perpetual-motion machine: America pays for Asian goods with borrowed money, then Asia uses the profits from these sales to lend more money to its favorite customer. It's a deal that has been beneficial for both sides. A boom in exports to America has fueled economic growth in Japan and China. Asia's eagerness to buy bonds, in turn, has helped America avoid the full consequences of its reckless spending. The U.S. current account deficit touched $542 billion last year and the fiscal deficit, which has burgeoned because...