Word: china
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Dates: during 2000-2009
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...benefiting from its traditional strengths - and even some of its weaknesses. The German firm has a strong position in Latin America, where it is the leading car maker, and in China, where it is ahead of the pack despite intense pressure from GM. Interestingly, the German car maker's weak position in the U.S. market, the world's largest, has turned out to be a blessing in disguise during this crisis. Toyota has been hit hard by falling sales in the U.S. and is closing a manufacturing plant in California, the first closure ever for the world's largest...
...Even so, it won't be easy for Winterkorn to deliver on his promise to make VW the world's biggest automaker by 2018. Winterkorn must defend VW's lead in China, which will soon become the largest car market in the world. According to IHS Global Insight, VW is now the largest manufacturer in China, with first half sales up 22.7% to 652,200 cars. But GM is rising fast in China, even as it struggles in the U.S., Europe and Latin America. (Read: "The Other...
...Voronin, 68, turned inwards - and to Moscow. He accused neighboring European Union member Romania of provoking the riots in order to pave the way for a coup against him. In June, Russia rewarded Voronin with $500 million in infrastructure loans. That was followed last week by good news from China, who announced $1 billion in similar loans. To put that in context: Moldova's annual GDP is just $4 billion...
Minorities in China Recently it seems to have become fashionable to criticize China as a country of injustice and repression [War in the West, July 20]. Of course, Chinese internal policy often contradicts Western democratic ideals, but we must not forget that millions of Han Chinese are facing the very same troubles as the Uighurs: economic discrimination and travel restrictions. In addition, China is not the only country in which minorities are underprivileged. Europe and the U.S. both face the problem of minorities that are not properly integrated. But in the Chinese case, things seem to be different: for example...
...that Whalen saw were actually Gates, who was returning home from a trip to China, and his car driver, who was helping the professor carry his luggage and force his way through a jammed front door...