Word: exportable
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Dates: during 2000-2009
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...term spending enough to mitigate steep declines in global trade. "The idea that China will be helping the rest of the world is a myth," says Ben Simpfendorfer, a Hong Kong-based China economist for the Royal Bank of Scotland. "Almost half of what it imports is related to export processing. A large share of the remainder is commodities. It imports little for its own consumption. That befits its status as the world's largest manufacturing center...
...China needs to balance export-led growth with a stronger domestic economy grounded by greater consumer spending. Two things need to happen: real incomes need to grow for all Chinese consumers (not just those working in urban areas). And consumers have to feel secure enough to spend more of what they make, rather than hoard...
...drug war." Like most Latin leaders, Lula wants Obama to lift the U.S. trade embargo against Cuba. And he is keen (he may be disappointed) to see the U.S. throw its weight behind a last effort to save the Doha round of world trade talks, which could offer farm-export nations such as Brazil new opportunities...
...break-away” province, Taiwan. We compete with China for natural resources and influence in the developing world. Now, the only reliable component of the equation, economic interdependence, is threatened by the global credit crunch, which is closing off China’s export markets and inducing it to spend more of its yuan at home, rather than in buying up U.S. treasury bonds...
...other largest polluters to act decisively to cut down on CO2 emissions. As the industrial power of the 21st century, China recognizes that segueing into more environmentally sustainable growth is not only crucial to its internal development but also has great potential of becoming a major export market...