Word: digitalizing
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Dates: during 2000-2009
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...Officials in Hohhot don't see it that way. In the past seven years, the city has almost doubled in both population and physical size, a trend that's in keeping with Inner Mongolia's recent double-digit growth rates. Officials welcome Western Cattle's feedlots as a way to use marginal land, create jobs and produce more food. "If we have a very good feedlot here, it will help people become wealthy," says Teng Guiyuan of Hohhot's Bureau of Investment Attraction. "Small farmers want to make money, but they aren't powerful enough. They need a big company...
...Boulder Valley, Colo., school district. Because of that, kids had barely enough time to sit and eat before the lunch period was over. So, last year, Stoll began looking for ways to speed up the queue. She discovered that many students, especially kindergarteners, can't remember their six-digit ID number, which they're required to type into keypads at the end of lunch lines. She then found out that there was technology that would allow a scanner to identify a kid qualified for lunch with the swipe of a finger, moving him or her quickly along. It would help...
...seasoned luxury-goods executives what excites them most about the future of the category, and they will undoubtedly launch into a lengthy discourse on emerging markets. For some, China holds the most promise, with its double-digit yearly growth and the expectation that it will surpass the U.S. in luxury-goods consumption by 2015. For others, India's youthquake and its established cultural affinity for luxury mean there is enormous potential for growth. Then there's Russia, where newly minted millionaires pay top dollar for everything from Breguet watches to Bell helicopters. In this, the first installment of a four...
...main reason for the boom's doom was that in the nation's San Diegos, double-digit annual price increases put most homes out of the reach of middle-income buyers. The mortgage industry and its funders on Wall Street responded with laxer lending standards and creative loans (no downpayment, teaser rate, interest only, etc.) that really made sense for borrowers only if prices kept going up and they could sell at a profit or refinance. When prices stopped rising last year, the edifice began to crumble...
...population lives near or below the poverty line, even though Burma is blessed with lucrative resources like natural gas and timber. The country's generals are hardly known for their financial savvy: one former regime chief denominated bank notes by the number nine simply because he considered the digit auspicious. Obsessed with its survival, the junta has dramatically expanded the military; 40% of the nation's annual budget is believed to be spent on the 450,000-strong army. Inflation is running at more than 30%. Last month's fuel hike led to a tripling of bus fares on some...