Word: china
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...book, she claimed that in her sleep aliens took her soul to the planet Venus, which she described as being very green. The headlines around the world were shocked, shocked, in a predictable way, with bad puns from London to New York, and even in neighboring South Korea, China and Taiwan. (See the top 10 colorful first spouses...
...foreigners were kidnapped and shot by drive-by gunmen last year, it is now considered foolhardy to walk around the streets of Kabul. Booze is no longer sold openly. Many, but not all, of the brothels were shut down and the girls rounded up and flown back to China...
...That can be seen clearly in the continuing stream of agreements tying together regional powers. In August, India inked two FTAs in a week, with South Korea and the 10-member Association of Southeast Asian Nations (ASEAN). ASEAN and China are scheduled to bring most of the final tariff reductions of an FTA signed in 2004 into full effect by 2010. More deals are likely. Taiwan President Ma Ying-jeou has made his policy priority reaching a comprehensive economic framework with China that would reduce tariffs on Taiwan goods entering the Chinese market. Yukio Hatoyama, Japan's presumptive Prime Minister...
...drive to lower trade barriers has taken on fresh urgency amid the recession. Fears of an extended slump in spending by U.S. consumers have prompted policymakers to look to China, India and other neighbors as customers for exports. As Asian manufacturing networks become more intertwined - and as Asian consumers become wealthier - regional commerce is becoming critical to future economic expansion. Intraregional trade last year made up 57% of total Asia trade, up from 37% in 1980. "In the past Asia produced for America and Europe," Philippine President Gloria Macapagal Arroyo said recently. "Now, Asia is producing for Asia." (Read "Signs...
...comparison with China is inevitable. Many U.S. businesses have seen Japan's companies as rivals in international and American markets. But in the case of China, the business relationship is quite different. China does not yet have many obvious competitors to U.S firms, though one day it will. At present, not only is China itself a huge and growing market for American firms, but those businesses increasingly source their goods in China - in a way that few have in Japan. That has created a "thickness" to the economic relationship with China of a sort that has not been so marked...