Word: growth
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...therapy revolves around coaxing the stem cells to develop into a type of cell known as an oligodendrocyte, which in turn gives rise to critical insulation and growth factors that can repair neurons damaged by a trauma to the spinal cord. Geron has named its version GRNOPC1. By having more of these cells around the spinal cord, more nerves might be repaired and can then potentially re-establish proper connections. Simply by working with the GRNOPC1 cells, Geron scientists have learned more about how they operate, which will expand their understanding of how the central nervous system might be healed...
...warming damage that carbon dioxide does, have a shelf life of only a few weeks. Environmentalists have joined scientists' call to urge governments to cut pollution by introducing more efficient heating stoves in developing countries and turning to solar power and other clean sources of energy. "We need sustainable growth in every city in this world," says Edwin Lau Che Feng, director of the environmental group Friends of the Earth in Hong Kong. "Richer countries have a responsibility to transfer cleaner technology to developing nations and help them reduce emissions because developing nations are the world's factory today...
...predicting that celebrations of the lunar New Year will be more muted than the lavish outlays of previous years. Local department stores have been slashing prices, and malls are less crowded than usual, with few heeding the promises of Shanghai Mayor Han Zheng that 2009 will bring 9% GDP growth for the city. Another gloomy indicator: Year of the Ox stamps issued by the Shanghai post office haven't been selling as well as their Year of the Rat predecessors. Even worse, the meteorological bureau predicts that the days on which the lunar New Year celebrations will fall...
...Still, the transition from an outward-oriented growth model won't be easy. Though consumer spending has remained healthy - retail sales grew 19% in the fourth quarter - economists don't think the average Chinese has a big enough wallet to make up for weak demand overseas. "The reliance on the U.S. consumer as the buyer of last resort is going to have to change," says Michael Buchanan, chief Asia economist at Goldman Sachs in Hong Kong. He says "China has a long way to go in adjusting" to this fundamental change in the world economy...
Buchanan's forecast for China's GDP growth in 2009 is among the most bearish: 6%. If he's right, that would be the lowest rate since 1990. But the data released Thursday did show some unexpected signs of life. Industrial production revived slightly in December, and loan growth surged. Merrill Lynch said in a report that the fourth quarter of 2008 and this current quarter could be "the trough of this growth cycle," as government stimulus and loose monetary policy begin to boost domestic demand. The data gave enough hope to Credit Suisse's Tao to convince...