Word: forli
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Dates: during 1950-1959
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From these undisputed facts, Dulles proceeded to the hotly disputed question of comparative growth rates. Since 1950, he said, Russia's G.N.P. has been expanding at a rate of 7% a year-"at least twice" the rate of about 3% for the U.S. in the past six or seven...
Another warning came from Professor W. W. Rostow of the Massachusetts Institute of Technology's Center for International Studies, who advocated "sharply increased public expenditures" for both defense and foreign aid. Russia's superior growth rate and her power-bent use of it, Rostow said, threaten the U.S...
Hong Kong has been greatly helped by U.S. opposition to low-priced Japanese cotton imports. When the Japanese were forced to diversify and impose voluntary quotas, many big U.S. department-and variety-store buyers took their business to Hong Kong. The British colony's factories and sweatshops have tripled...
Three Shifts. While the bulk of the goods is still produced by industrious Chinese pieceworkers in 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...
Others have prospered along with Lee, and the Hong Kong garment industry to day has estimated assets worth $200 million. Exports to the U.S. (chiefly brassières, nightgowns, pajamas, blouses and men's slacks and shirts) are expected to be more than $80 million this year, a 140...