Word: china
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Dates: during 2000-2009
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...rule the day. Speculators still seem prepared to trade crude above $60 on most days. A fair number of analysts see oil moving to $70 or $75 by Labor Day. The cost of a barrel of crude will move up if there is strong evidence that the demand in China is growing. Ironically if there are signs of a sharply improving economic picture in the U.S., oil could move up more than most traders expect. (See pictures...
...teams that do exist have problems of their own. The Chinese Super League, now the top-tier professional league in China, has been plagued by scandal in recent years. Despite government intervention to assign the best players to represent China at international tournaments, match-fixing, pitch violence, controversial referees and the outrageous behavior of star players have not helped professional football's fan base in China. "If you keep a record of the champion teams every year, you'll see that the players remain the same every year, only in different jerseys and representing different cities," Wang says. "That...
...Chairman Wang, as some of the league members jokingly call him, runs the Huilongguan Super League, China's most influential grassroots soccer league. Huilongguan's members first met each other in 2002 through a classified ad posted on the suburb's community website. "We thought we'd have a kick around, but over 70 people showed up," Wang chuckles. The weekend kick around soon turned into eleven-a-side, and by 2004, nine teams and about 180 players competed in Huilongguan Super League's first championship. (See pictures of street basketball in China...
...Soccer - referred to here as football - has been slow to catch on in China. When the Republic of China was founded in 1949, authorities took control of the development of all sports and turned them into yet another political project to achieve international recognition. Almost all resources for sports development went to élite sports schools that serve as talent pools to represent China in international sports events. Amateur sports, with little political significance, have been largely ignored. China established its first professional football league in 1994, following the example of European leagues. The system, however, never fully embraced...
...None of that offered much hope for change. North Korea is already the world's most isolated country. The only thing that would meaningfully "deepen" that isolation would be for China to shut down trade entirely across its border - something Beijing has never given any indication that it's prepared to do. The idea that Kim Jong Il's regime even cares if the nation's isolation "deepens" is dubious at best. As for the U.N., it met in emergency session just after the long-range missile launch in April and gently tightened sanctions that were already having no demonstrable...