Word: cheapness
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...country's Trade Minister, Mari Pangestu, has notified the secretariat of ASEAN (Association of Southeast Asian Nations) that Jakarta wants to delay the inclusion of hundreds of domestically produced items like textiles, food products and electronics from the accord, fearing that local Indonesian industries could be swamped by cheap Chinese goods...
...year, the National Bureau of Statistics announced on Thursday, an impressive figure that will offer some relief to Beijing policymakers who declared that maintaining stable growth was critical to ensuring social stability in the face of the global economic downturn. Thanks to expansive stimulus spending and a flood of cheap credit, the Chinese government was able to ensure growth, giving it clout at home and abroad as other major world economies still grapple with slow recoveries. "Those measures quickly produced results and stopped the remarkable decline in our economic growth, and China thus became the first to, on the whole...
...words will be little comfort to Chen Li. Like millions of other Chinese, the Beijing-based Web developer is struggling with one of the side effects of the country's stimulus efforts - a runaway property market. Fueled by cheap credit, property prices have grown steadily since mid-2009. A government survey of 70 medium- and large-size cities found that in December, average housing costs jumped 2.1% over the previous month - the fastest increase in 18 months. (See pictures of China's infrastructure boom...
...units [roughly within the first year] and 10% a year thereafter," explained a prospectus for a portfolio of buildings in upper Manhattan being bought by Apollo Real Estate Advisers (now AREA Property Partners), with a primary mortgage from a Credit Suisse subsidiary. The normal turnover rate in cheap or moderate rent-regulated apartments in New York City is 5.6%, according to data from the New York City Rent Guidelines Board. (See high-end homes that won't sell...
Levamisole is cheap, widely available and seems to have the right look, taste and melting point to go unnoticed by cocaine users, which may alone account for its popularity. "Ease of availability seems likely to be important," says Reinarman. "Let's remember that producer countries are widely agrarian." Levamisole is used on farms, and its cost per gram is minimal...