Word: exportation
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Dates: during 1990-1999
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...network of East Coast backers who were close to his father and uncle, money manager Jonathan Bush. Among them were drugstore tycoon Lewis Lehrman, who lost a bid for Governor of New York in 1982; venture capitalist William H. Draper III, who would become president of the U.S. Export-Import Bank during the Reagan Administration; and Celanese CEO John Macomber, who later landed the same post...
...just Japan that has a lot at stake. Still-limping tigers like Korea, Thailand, Indonesia and Singapore need healthy Japanese banks to lend their businesses money, and free-spending Japanese consumers to buy their exports. Japan, in its current state, has neither. The once-emulated economic juggernaut has been reduced to the humiliating status of an export-dumping nation, irking the U.S. profoundly in the process and affording no help whatsoever to its shell-shocked Asian neighbors...
...have failed--and faxed it over to the Chinese. This technical feedback, a federal investigation concluded, may have helped China improve the accuracy of its rocket and missile programs. The Defense Department found that Loral and Hughes, another satellite company on the committee, had engaged in a "serious export-control violation" by performing an unlicensed defense service. The State Department asked the Department of Justice to consider criminal prosecution...
...question of whether rules against technology sharing are even effective. The tech industry, not surprisingly, argues they often aren't. Current law requires chipmakers to submit applications to sell powerful microprocessors to countries (such as China and the former Soviet Union states) that are subject to highly restrictive export controls. But Intel argues that it's impossible to prevent the chips it sells to friendly countries from ending up in less friendly ones. "We make microprocessors in the millions each month and ship them to thousands of distributors all over the world, who aren't prevented from selling to China...
...spot working the Paris Air Show and other military fests, they are mostly window shopping. The P.L.A. has sampled some 1970s-era high-tech toys like Soviet Su-27 jets, but most of the cool new Nintendo military gear is out of its price range or on forbidden export lists in the West. In the aftermath of the Cox report, it will probably be even harder for China to buy sophisticated weapons systems...