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...tightly enforced," says Shao Zhongye, finance director for Shanghai Longyuan Real Estate Co., which develops apartment buildings. That's changed. Shao's company just finished a development of 97 units, and he's worried about getting financing for his next project. "It definitely will be a lot harder to borrow now," he says. And although new remedies haven't taken effect yet, recent economic indicators are promising. Last week, Beijing announced that industrial output declined in April, the third monthly decline in a row; growth in production of both steel and cement also slowed...

Author: /time Magazine | Title: Time to Cool Down | 5/17/2004 | See Source »

...album is sort of a stoned soap opera. On Blinded by the Light we swim in Skinner's stream of consciousness - in a club, on his own, taking his first ecstasy pill of the night: "Right, I'm going to plan/ I wish the bouncers would go away/ Borrow water off this man/ Here goes nothing, O.K./ And I'm thinking, 'That's proper rank'/ Tastes like hairspray". The nervy excitement of a first date in Could Well Be In is portrayed with a tenderness that softens the lack of couth: "I saw this thing on ITV the other week...

Author: /time Magazine | Title: Streets Smart | 5/9/2004 | See Source »

...depends on how you feel. Why else would U.K. grime artists like Dizzee Rascal and Wiley Kat have come up with the inhuman beats they rhyme over? They grew up listening to breakbeat hardcore and jungle, whose twisted beats became their “rhythmic code” (to borrow from Simon Reynolds...

Author: By Ryan J. Kuo, CRIMSON STAFF WRITER | Title: Living for the Future | 4/30/2004 | See Source »

...quite an intense process to get clothing from stores,” says fashion coordinator Tessa C. Petrich ’04. Using a leasing policy, the fashionistas of the production were able to borrow clothing in exchange for publicity, and the larger budget also allowed insurance policies to be taken out in order to “assuage the concerns of store owners.” All 70 models were measured, and the clothing picked out from various outlets such as Jasmine Sola, Cibeline, Hubba Hubba, Proletariat, and Planet...

Author: By Effie-michelle Metallidis, CRIMSON STAFF WRITER | Title: Tenth Annual Eleganza Turns Heads on the Runway | 4/30/2004 | See Source »

...short term, the world could see global inflation because of what's happening in China." The unhappy knock-on effect: to keep inflation under control, central banks around the world might begin raising interest rates, which would shave corporate profits and make it costlier for individuals to borrow money...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

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