Word: chinaã
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What they won’t see is the stagnation outside the urban wonderland, particularly the ever-widening urban-rural gap that threatens the core of China??s social structure. Despite the country’s progress in the last two decades, it cannot reach its full economic potential until it bridges this disparity...
...China??s current urban-rural situation is indeed in dire straits. Official data show that the average rural resident makes only 32 percent of the income of his urban counterparts—a statistic that is at its worst level since data first became available in 1952. And it may even underestimate the problem. According to a 2004 report to the United Nations Poverty Reduction Taskforce, if non-monetary benefits are considered, the real difference between a Chinese city-dweller and his fellow countryman may not be merely three times, but six, the biggest such disparity...
...think, for the moment, that U.S. universities are so preeminent...that that’s not about to change overnight,” he said—even in spite of China??s attempts to build a series of elite technical institutes...
Carrier cited 9/11 and the ensuing downturn of the economy; the buildup to, and the war in, Iraq; China??s SARS virus; and the burst of the technology bubble as reasons people spent less money on travel...
Responding to this fiasco, Calixto quickly contacted various Harvard agencies as well as China??s trademark council and authorities to deal with the matter...