Word: booming
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...Abduljabbar Abdellah Fadul, an economist who runs a consultancy from his simple office at El Fasher University, says the town is in the grip of a construction boom driven by the demand for housing. Locals have rented their homes to the new arrivals, and are building new ones. "Plots out here," he says waving at the land beyond the university close to the African Union base, "were just left empty. They were worth maybe $1,000 three or four years ago. Now the same ones are being bought for $15,000." All the retail space has been rented...
...Dissa, an economics lecturer at the university, is among those investing in property. He rents one house to an AU officer and is building a second, which he hopes will push his rental earnings above his university salary. But he has mixed feelings about the overall impact of the boom on Darfur. "The per capita income has increased because many people are finding work with the [aid organizations] and the African Union or the United Nations, and then there is a knock-on effect of more purchases in the market," he says, sitting on the mud-brick wall around...
...coastal areas triple or quadruple those in the rural hinterland. Not only must Hu attempt to engineer a soft landing for China's steaming economy and markets, he must also ensure that the myriad problems facing the hundreds of millions of Chinese left on the margins of the boom - lack of access to health care, education and clean drinking water, among other issues - are addressed. If they are not, social unrest could rapidly increase. The number of "mass incidents," large demonstrations that often deteriorate into violence, hit a record in 2005, according to the most recent full-year government statistics...
...independent owners upgraded their properties, taking cues from the larger chains or from their own travels abroad. "The best ones reinvested, and now they've grown up," says Denison-Pender, who set up her agency in 2002 after 17 years as a travel planner. She likens the boom to the riyadh craze in Marrakesh. The small hotels she represents range in price from $50 to $700 per night, compared with the average price of $350 for the luxury category in Delhi or $250 to $300 for five-star hotels there...
...Institute in Washington. Those leaders aligned with Hu broadly back his (so far unsuccessful) attempts to slow the country's obsessive pursuit of growth at all costs, engineer a soft landing for the overheated economy and ensure that the hundreds of millions of Chinese left behind by the extraordinary boom of the last two decades aren't permanently marginalized. Aligned against them is a group of leaders (often the children of senior Party members) who have benefited enormously from China's growth and want the good times to keep rolling. Huang and others fear that if Hu doesn't manage...