Word: exportable
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Dates: during 1950-1959
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...Otten, and Anton's son. Vice President Frits Philips, direct an industrial empire that has 66,000 employees in Holland, 114,000 in the rest of the world. It thus rates after General Electric as the largest employer in its field, generates 12% of Holland's industrial export income by turning out scores of products including Christmas tree lights, Norelco electric shavers, television sets, super-powered electron microscopes, hospital equipment and musical recordings. At the drop of an order, the company can overhaul a complete national telephone system, as it did for Argentina, build a 160 million-volt...
...past decade, problems have been over come, and from Lee's daring example has grown an industry that this year will ex port $110 million worth of garments. So successful is Hong Kong as a garment center that U.S. manufacturers and labor unions now want restrictions on cotton exports to the U.S. Last week Industry Leader C. C. Lee was again hard at work. His association of the most poweful exporters to the U.S. was working out a plan to diversify, set up self-imposed export quotas that will satisfy...
...cramped cubby holes and back rooms, more and more are coming from new, modern factories such as Lee's. He employs 5,000 workers, v. 150 when he started, has one factory running three full shifts a day, spinning, weaving, dyeing, cutting and sewing cot ton garments for export. Last August he added a new factory to weave 1,000,000 yds. of cloth per month, cut 60,000 gar ments a day. His own garment exports to the U.S., 15% of the crown colony's, have risen from $1,000,000 in 1956 to $12 million this...
These are impressive figures, but there are shortcomings. The U.S. still underwrites an annual trade deficit that has ranged from $70 to $90 million, and U.S. advisers fear that this will continue until the Nationalist government provides new incentives for investment in export industries. Private U.S. investors have put only $54 million into Formosa, partly because they object to the terms of Formosa's foreign-investment law, partly because of sad experience with the widespread "squeeze" system, through which some Formosan officials almost seem determined to run foreign businesses out of the country, not bring them...
...Chinese was identified by Peiping as Chang Chien-yu, a member of Red China's Export-Import Corp. The U.S. Embassy said he asked for asylum in the United States, then changed his mind...