Word: foreign
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...Zhengrong, founder and CEO of Suntech Power, China's biggest solar-panel maker, says his company doesn't sell panels below cost anywhere in the world. And he points to First Solar's Ordos deal as evidence that foreign firms can succeed on the mainland. "As long as companies have a competitive renewable-energy technology and product offering," he says, "there will definitely be opportunities in the Chinese market...
...Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how in exchange for lucrative deals, later using that knowledge to produce competitive products cheaper than those of overseas originators. Foreign companies built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners...
...Given the number of foreign companies that have set up their own facilities in China, the government is unlikely to let them fail completely, says New Energy Finance's Ying. "If they have manufacturing capacity in China, they generate GDP, generate tax revenue, generate employment, I do not see a reason why the Chinese government would let them die," he says. "A parent may like one child more than the other, but at the end of the day I think they will continue to do well and continue to do business in China." With the rest of the global economy...
...Hamid Karzai. After the country's election-complaints board threw out a million suspicious ballots, Karzai refused to accept the results. On Oct. 20, after intense diplomatic lobbying by the U.S. and other international partners, Karzai at last announced he would acquiesce to a runoff with his rival, former Foreign Minister Abdullah Abdullah. And yet the holding pattern continues. The vote, which Karzai is favored to win, is scheduled for Nov. 7, but it's unclear that this round will be any less contentious than the first. Fraud is still likely, Karzai is still tainted by the corruption and inefficiency...
...suicide bombing in Sistan-Baluchestan province Oct. 18 that killed 42 people, including commanders of the Revolutionary Guard, the nation's élite military unit. Though the Sunni rebel group Jundallah claimed responsibility for the attack--Iran's deadliest in nearly two decades--President Mahmoud Ahmadinejad blamed the foreign powers for funding the majority-Shi'ite country's insurgency in order to destabilize its borders. All three nations denied involvement...