Word: businessness
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Dates: during 2000-2009
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Agencies aren't necessarily trying to reinvent the wheel. Rather, they see themselves as leveraging their experience at building brands. "That's what our core strength is," says Munn, who spent most of his career working for consumer-products giant Unilever. "We're an idea-generating powerhouse." Munn says agencies...
The View from Main Street Re TIME's story on wall street [nov. 9]: Out in the real world, professionals who construct bridges, buildings and even houses must be licensed, to encourage adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job...
But today, Xi'an is experiencing a renaissance. The locals who frequent Zhu's store have cash - and they're spending it like never before. On a recent Wednesday in late October, hospital worker Hao Jie, 40, is gleeful after dropping $1,200 on a 52-inch LCD TV for...
Foreign investment is migrating to Xi'an for similar reasons. Unlike on the coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the...
Yet there are signs that there may be enough solid demand within China's domestic market to keep Xi'an's growth story alive. Carsten Wiegandt, the German acting general manager of the Kempinski Hotel, located on the city's outskirts, has been surprised by the kind of visitors filling...