Word: globalization
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Dates: during 2000-2009
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...After that, the automaker's next big introduction comes in the first quarter of 2010, when the new Jeep Grand Cherokee debuts. Overall, however, Chrysler's new-product pipeline is thin, suggesting that the automaker will struggle until help from Fiat materializes, says Rebecca Lindland, an analyst with IHS Global Insight. Ron Bloom, President Obama's point man on the automotive task force, acknowledged as much in a recent interview when he said that Chrysler, unlike GM, would not be ready for an initial public offering of stock next year...
...global economic crisis dealt a blow to Japan's export-led economy, and there was little to fall back on. Domestic consumption and investment need to be closer to the center of economic growth, and that requires major change, including regulatory reform. Leaning less on export-oriented growth doesn't mean cutting back on exports if the government uses deregulation to stimulate domestic consumption, says Naohiro Yashiro, an economics professor at Tokyo's International Christian University. The DPJ plans to do that by increasing household income through monthly child allowances and the elimination of highway tolls, which should have...
...anticipate the economy's health, so the fall in the index could possibly signal a relapse in the world's third largest economy. The jitters in Asia and the rest of the world are rooted in the fear that China will not be able to help pull the global economy from recession, a big blow to recovery hopes given the inability of the U.S., Europe and Japan to play that role at this time...
...Tibet's own relations with China. "We Tibetans are not seeking separation," he replied. The Dalai Lama has been pursuing "meaningful autonomy" for Tibet and the preservation of his people's culture and religion, but China sees him as a separatist, and is wary of his interaction on the global front, especially in Taiwan, which China also sees as part of its territory. A day after Taipei announced his visit, China denounced the decision and lashed out at the opposition Democratic Progressive Party, who invited him, for their "attempt to sabotage the hard-earned good situation in cross-strait relations...
...population grows wealthier, China should become a more important part of Apple's sales. Once the iPhone is released on the mainland, it could occupy as much as 5% to 6% of Apple's global sales, says Zhang Jun, a Beijing-based analyst with the research firm Wedge MKI. Zhang believes that in the near future, China could make up as much as 10% of the world's iPhone market, which has reached 26 million units in the past two years. "It will add a lot of sales," he says...