Word: exportability
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...musical follows Sayid Al Boom, a young Afghan peasant who dreams of making it big as a flower farmer. He becomes enchanted by a mysterious veiled woman and takes up work at her "poppy export" company, only to learn later that she's a terrorist and her company is a front for a jihadi cell plotting to blow up an "Unidentified, Very Prestigious Landmark" in the West. A motley crew of extremists, who "rock the righteous to the jihad jive," recruit Sayid, and he must ultimately choose between betraying his new family or suicide...
...brings it home, this whole concern [for product safety] and what does it mean for the China export juggernaut," says David Zweig, director of the Center on China's Transnational Relations at the Hong Kong University of Science and Technology. "We think of it on a massive, macro level. This brings home what it means when this ... happens to an individual businessman...
...industrial logic: unlike Japan three decades earlier, China still lags well behind the Western motor industry in know-how and design, which means the Chinese saw the small Italian firm as a vehicle for the improvement of Qianjiang's own products back in China. Dai Wei, Benelli's export manager, and one of just two Chinese employees on-site in Pesaro, spends time chaperoning colleagues from China. "Here they know how to make motorcycles better and faster," says Dai. "We consider this our European research and development center...
...side is the U.S. Congress, full of people convinced that China's export machine is hurting their constituents. These lawmakers have had it with Treasury Secretary Henry Paulson's good-cop approach to China. A bill that would label the renminbi "fundamentally misaligned" and force the Treasury to do something about it is making its way through the Senate. Several different currency bills have been introduced in the House. The legislation for the most part is much less harsh than that proposed two years ago by Senators Chuck Schumer of New York and Lindsey Graham of South Carolina, which would...
...issue is straightforward enough, even if few countries have ever had to deal with it on this scale before: thanks primarily to its thriving export industries, China has $1.4 trillion (and counting) in its pocket and has to put it somewhere. For years, the investment of choice has been the riskless solidity of U.S. Treasury bonds. But as the dollar drops and higher returns can be gained elsewhere, China has begun to eye more alluring places to stash some of its cash...