Word: cheapness
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...Because developing nations have emphasized that they can't afford to jeopardize the pace of economic growth for the sake of the environment, the only climate-change solutions they're likely to accept will be ones that come cheap. Fortunately the IPCC says that's possible-the new report concludes that the cost of stabilizing global carbon emissions by 2030 could require as little as one-tenth of a percentage point per year of global growth through the end of the century. Those costs will have to be borne by someone, and the developing nations will rightly push for North...
...koliwada-battered fried shrimps that offer a slight crunch on the first bite and then a satisfying series of chewy small taste explosions in your mouth-and a chili garlic squid that used Chinese flavorings and was slightly sweet before the spice kicked in. All this good fare is cheap, too. The starters begin at about $4 and most mains are between $10 and $20. I wonder if there's enough left in the expense account for my editors to send me to the next restaurant on Apple's list...
...That leaves the world, well, stuck in a Chinese fingertrap. Because developing nations have emphasized that they can't afford to jeopardize the pace of economic growth for the sake of the environment, the only climate-change solutions they're likely to accept will be ones that come cheap. Fortunately the IPCC says that's possible; the new report concludes that the cost of stabilizing global carbon emissions by 2030 could require as little as one-tenth of a percentage point per year of global growth through the end of the century. Those costs will still have to be borne...
...Shanghai. In these cities, shopping is as important as stargazing, and that's why the $2 billion firm made its first moves into Asia here: H&M wants a share of China's $60 billion apparel market. To do that it may have to redefine its trademark "cheap chic" aesthetic...
...China's free spenders may be looking for something else. China knows a thing or two about cheap clothing, and when its consumers buy foreign brands, they want what they can't find at home. "It's a fatal mistake to discount for the Chinese customer," says JPMorgan analyst Vineet Sharma. "Young people want clothes that aspire to luxury. H&M should concentrate on that mid-market, where there's still room to grow...