Word: china
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...China...
...took on an orange hue as sandstorms swept through Beijing on March 20 and 22, causing the city's weather bureau to issue its worst possible air-quality rating. Other parts of northern China were also affected by the brutal conditions, with residents cautioned to stay indoors. Farther south, air-pollution indexes in Hong Kong and Taiwan reached record levels. While sandstorms are not uncommon in China because of Asia's large interior deserts, growing desertification has exacerbated the problem...
...possible that Google's defiance of china--on March 22 it stopped censoring its search engine there and redirected traffic to a Hong Kong site--is linked to co-founder Sergey Brin's roots. His parents, Soviet Jews, emigrated from Moscow to the U.S. at the Cold War's height, and Brin has a keen awareness of anything that smacks of political censorship. Google, of course, knew about the compromises one must make to do business in China when it entered the market in 2006. But it seems that Brin decided this year that the company could no longer abide...
...question keeps more economists, investors, hedge-fund managers and bankers up at night than this one: Is China's property market a bubble...
...reason for their angst is clear: A property meltdown in China would imperil the whole world's fledgling economic recovery. Throughout the most severe global downturn in decades, China's economic growth has remained remarkably buoyant. This year, for example, China's GDP will likely rise 9% or more, in contrast to a merely subpar rebound in the U.S. and Europe...