Word: cheaping
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Dates: during 2000-2009
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...northern reaches of Thailand and Laos, you can find whole towns where Mandarin has become the common language and the yuan the local currency. In Chiang Saen, signs in Chinese read CALL CHINA FOR ONLY 12 BAHT A MINUTE. A sign outside the Glory Lotus hotel advertises CLEAN, CHEAP ROOMs in Chinese. It is not aid from the U.S. but trade with China--carried on new highways being built from Kunming in Yunnan province to Hanoi, Mandalay and Bangkok, or along a Mekong River whose channels are full of Chinese goods--that is transforming much of Southeast Asia...
...that living with a more powerful, nondemocratic Beijing would not be easy for the U.S. In crucial ways, the U.S. has less leverage over China than it ever had over the Soviet Union. China holds billions of dollars of U.S. government assets. American consumers have come to rely on cheap labor in China to provide goods at Wal-Mart's everyday low prices. The Soviet Union, by contrast, was an economic basket case: it had minimal foreign-exchange reserves and was desperate for U.S. and European high technology...
...finds could be massive. The country sits atop about 115 billion barrels of oil reserves - the fourth largest in the world after Saudi Arabia, Canada and Iran - and about 110 trillion cubic feet of natural gas. What is more, much of the oil is relatively easy to reach and cheap to pipe out. There is a catch, however: the infrastructure is in dire shape. Even before this war, rigs and wells had lain rotting for years, since the crippling war with Iran in the 1980s sapped the economy and international sanctions in the 1990s left Iraq in bad need...
...cheap wi-fi a bargain? It depends on your needs. Wi-fi networks are on unlicensed spectrums, and towns like St. Cloud, Fla., initially suffered from spotty performance. "I don't think many broadband users will switch to muni networks unless they're less expensive and sure to work," says Ina Sebastian, an analyst at Jupiter Research, whose survey of online consumers found that only 12% would pay for a citywide service. Some places are waiting for WiMAX, a technology similar to wi-fi but faster and longer range, with fewer interference issues, but it's not yet certified...
...Chicago that Iraq commander General George Casey "will make the decisions as to how many troops we have there." Seasoned military people suspected that the line was a dodge--that the civilians who ran the Pentagon were testing their personal theory that war can be fought on the cheap and the brass simply knew better than to ask for more. In any case, the President repeated the mantra to dismiss any suggestion that the war was going badly. Who, after all, knew better than the generals on the ground...