Word: fractionating
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...mainland, and firing in Hong Kong. Premier Zhu Rongji, a former Shanghai mayor, allowed the mainland property bubble to burst in the mid-'90s without intervention. Now, Shanghai and other Chinese cities are bursting with new businesses in part because both wages and asset prices are but a fraction of Hong Kong...
...rankings definitely do matter,” he said. “When an institution improves in the rankings—other factors held constant—the next year it gets more applicants, can accept a smaller fraction, has a higher yield on its accepted applicants, the students who enroll have higher test scores and it can get away with offering less generous financial aid packages. Conversely, if the institution’s rank worsens, just the opposite happens...
...time, the last hunter-gatherers in Asia. Once masters of a seemingly endless rain forest that covers Borneo, almost all of the 9,000 Penan have given up the struggle against what must once have seemed a ludicrous impossibility: that loggers would sweep through all but a tiny fraction of Sarawak's forests, polluting rivers, driving animals away and bulldozing the trees and plants that for centuries have served as the Penan's medicine cabinet, toolbox and larder. There are barely 200 fully nomadic Penan left: small groups of two or three families who refuse to build permanent settlements, cultivate...
...More people die in the sunless depths of China's coal pits than in any other country's mines. Last year, 5,300 people perished, according to government statistics, and independent analysts say that figure represents only a fraction of all deaths. Embarrassed by its appalling safety record, China's Cabinet finally took action in mid-June, ordering all small state-owned mines to halt production for safety checks and calling for intensified raids against illegal mines, such as the one in Guizhou province that claimed Zhang's husband. Last week, Premier Zhu Rongji visited that desperately poor province...
...Democrats are going to point to the administration's refusal to continue funding a program to decommission Russian nuclear warheads which may fall into the wrong hands as a sign of misplaced priorities by the Bush administration. After all, the program costs a tiny fraction of the budget for missile defense...