Word: clear
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Dates: during 2000-2009
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Compared with those experienced players, Chinese manufacturers are like teenagers just getting their car keys. When it comes to electric, though, that could be an advantage. Beijing knows that promoting electric vehicles could be a way to stem the country's rising dependence on foreign oil and clear its polluted air. At the same time, Chinese battery companies like Lishen and Shenzhen-based BYD are looking to leverage their technology and leap into electric cars. Foreign automakers may have a century-long head start on conventional cars, but Chinese companies can compete on new electric technology today - on cost...
...easy race for China to win. The Chinese auto industry is fractured and weak. The domestic market is dominated by foreign manufacturers such as GM (which is doing much better in Beijing than it is in Detroit) and Volkswagen. But the government in Beijing has made it very clear that it considers electric and plug-in vehicles a priority for Chinese companies, and it's willing to spend. The Chinese State Council announced in January that it would spend $1.6 billion over the next three years to develop alternative fuels, and there's already an $8,800 subsidy for local...
...rarely delivered all they promised, and continue to ignore some problems. With young French so frustrated and angry, it's little wonder that the new protest movement is growing in popularity. "We had little choice but to step into that void and get something done ourselves, because it was clear we were going to be left to rot as these older forces focused on their usual agendas," Bayou says. While unions are the movement's natural allies, organized labor is not the answer: "Unions represent less than 5% of the workforce, and average member age is over 50. And, unlike...
Microsoft claims Bing isn't even a search engine - it's a "decision engine." What that means isn't exactly clear. Bing seems to work the same way Google does: type in some keywords, it gives you some Web results. But the marketing shows signs of gaining traction. According to the media-metrics firm comScore, Bing captured 8.9% of the search-engine queries in July, a tiny increase from 8.4% in June. "All of us in the search industry were surprised by Bing," says Anna Patterson, a former Google engineer who has since gone on to found Cuil (pronounced Cool...
...Vegas appear cheap? Sure. The current ratio there is 14.6, significantly below where it's been over the past 15 years (19.3). But that average has been influenced by the go-go years. Exclude them - by looking at just the 1990s, say - and the result isn't so clear-cut. The '90s-only ratio, 13.9, indicates that renting is still a slightly favorable option...