Word: coast
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...much of China's recent history, this difference was a liability. The country's vast, mostly agrarian West was isolated from the international economy and lagged badly behind the booming east coast in progress and prosperity. Nine years ago, Beijing sought to begin closing this development gap by investing heavily in highways, airports and other infrastructure across the western region. This has helped to kick-start growth. So has geography: Xi'an's lack of exposure to crashing global markets means it has barely been singed by the crisis. In fact, the city has benefited. It's received $230 million...
...wages and land prices rise precipitously in China's coastal cities, Chinese companies based there are investing in operations in less-developed Xi'an to capitalize on its lower costs and tap a cheaper labor market. About 70% of Xi'an's domestic investment comes from the southeast coast. For example, in late 2008 Shenzhen-based cell-phone maker ZTE announced it would invest $880 million in manufacturing and research facilities in Xi'an that will ultimately employ 26,000 people. Hybrid-car maker BYD, also headquartered in Shenzhen, has turned Xi'an into one of its main manufacturing centers...
...Foreign investment is migrating to Xi'an for similar reasons. Unlike on the coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the semiconductor industry, opened a solar-power research center in Xi'an, part of a $250 million investment in the city. The facility, unique to Applied Materials' global operations, will house solar-cell production lines to devise new ways of bringing down the costs of manufacturing panels. Though the results...
After a holiday weekend away from Cambridge, the toughest adjustment that we students face may not be from West Coast waves to East Coast ice or from snoozing to studying. Rather, the harshest reality check might have come as a punch to the stomach...
...Smit-McPhee) traveling across the devastated remains of an American continent that has experienced a disaster—of unknown origin—that wiped out the vast majority of the population. Endlessly searching for food and hunted by bands of cannibals, the two make their way toward the coast, where the father believes they may find safety and other “good” people...