Word: china
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...inward-looking prescriptions. But the Next Asia has much to gain from its external linkages - especially by focusing more on the benefits of cross-border economic integration. Perhaps the greatest opportunity in that regard could come from closer ties between the two greatest powers in the region: Japan and China. Despite a long and difficult history between them, these two nations are natural complements in many key respects. Japan, with its declining population and high-cost workforce, has much to gain from Chinese outsourcing and efficiency solutions. China, with its need for new technologies and pollution abatement, has just...
...summit with Western powers, Russia and China, Iran added fuel to the incendiary debate over its nuclear ambitions by revealing the existence of a new uranium-enrichment facility outside the holy city of Qum. News of the plant, the second of its kind in Iran, drew sharp criticism from Western leaders, including President Obama, who condemned Tehran for "breaking rules" and demanded that the country "cooperate fully and comprehensively" with International Atomic Energy Agency inspectors. Ali Akbar Salehi, head of Iran's Atomic Energy Organization, insisted that plans for the plant were never secret and reiterated that Iran's nuclear...
...eight days of festivities marking the 60th anniversary of China's communist revolution on Oct. 1 include tanks, soldiers on parade, fireworks and a display of 40 million potted plants. But some things aren't happening: pigeons have been grounded in the capital out of fear they'd endanger jet flyovers, one city has banned divorces, and China Mobile customers aren't keeping their ring-back tones--the government-run carrier has switched them to a patriotic song...
...Snowe so he can say his health bill is bipartisan. Do you know how long it takes to charm people from Maine? They're uptight white people coated with a hard exterior made from other uptight white people. While Obama negotiates on climate change, the Chinese government has forced China's entire tech industry to focus on energy efficiency, and soon we'll all buy Chinese products because they'll be far cheaper to power - and people can stay mad about poisoned babies and puppies for only so long. The lesson for Obama isn't that we didn't like...
...Still, it is only a matter of time before Korea follows Australia's lead. So will the People's Bank of China, the Reserve Bank of India, the Reserve Bank of New Zealand, the Monetary Authority of Singapore - and perhaps several months down the road, the European Central Bank. As economies recover and jobless rates fall, most policymakers will raise interest rates to head off the inflation that could result from the massive fiscal stimulus spending launched by governments around the world to combat the global recession. (See pictures of the global financial crisis...