Word: exports
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...have nitpicks. You can't download songs onto iPhone directly from the iTunes store; you have to export them from a computer. And even though it has wi-fi and Bluetooth on it, you can't sync iPhone with a computer wirelessly. And there should be games on it. And you're required to use it as a phone--you can't use it without signing up for cellular service...
...wasn't the only Chinese automaker in town: Zhongxing Auto intends to showcase its pickup trucks and SUVs to dealers in Detroit this week, with plans to enter the American market by the end of the year. Geely, another Chinese brand, is also readying cars for global export (Geely tiptoed into the Detroit auto show last year with a concourse display). And last month DaimlerChrysler announced a joint venture with Chinese automaker Chery to manufacture small cars in China and export them globally, including to the U.S., possibly bearing the Chrysler or Dodge badge...
...cars and trucks, helping fuel profits in GM's Asia-Pacific region. GM expects sales in China to top 1 million units this year - making it one of the few fast-growing markets for the beleagured automaker. DaimlerChrysler and Ford are also producing cars in China for export (though so far not in the U.S.), benefiting from the low-cost labor too. > And with import tariffs coming down on cars and auto parts, foreign manufacturers may win even more sales in China - if they can hold off the increasingly sophisticated local competition...
...sentiment, or something like it, can be heard a lot these days in Africa, where Chinese investment is building roads and railways, opening textile factories and digging oil wells. You hear it on the farms of Brazil, where Chinese appetite for soy and beef has led to a booming export trade. And you hear it in Chiang Saen, a town on the Mekong River in northern Thailand, where locals used to subsist on whatever they could make from farming and smuggling--until Chinese engineers began blasting the rapids and reefs on the upper Mekong so that large boats could take...
...regularly blow up. Once the exploration deals expire, the companies can negotiate to produce the oil for another 20 years in partnership with the state-owned Iraq National Oil Company. Foreign oil companies would then pay the government 12.5% royalties of the oil's value, and be able to export the rest of whatever oil they find - potentially massive amounts...