Word: guangzhou
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Subha Patel, Kaiser's counterpart at IFF, has journeyed to Kenya and Guangzhou in China. In Southern India, she drew smell samples from cardamom flowers, local tea and fresh red clay. In lieu of bringing back buckets of samples or dead flowers, Patel records her findings chemically. Her primary tool, a solid-phase microextractor, is a $100 penlike device that can record the specific molecules present around anything with a smell. Fennel, cucumber, melon, tomato leaf, black plum and hydroponic celery might soon start to show up as notes in consumer fragrances. Scent notes of Japanese ginger, Indian mango, lantana...
...Pearl River Tower, under construction in Guangzhou, China, is aiming for a net energy footprint of zero by relying on such features as on-site wind turbines and recovery and recycling of condensed water. In Paris, a new tower will rely on wind turbines to provide its heating and cooling for the equivalent of five months of the year. And if you're a corporation planning a skyscraper, don't assume you can't afford to go green. The new buildings typically cost about 5% more to construct than conventional ones but quickly exceed that outlay in energy savings...
...some estimates, there are already as many as 100 million members of China's middle class, defined as people with monthly incomes of over $650. Their ranks are projected to triple in a decade, with middle-class lifestyles spreading beyond the big coastal cities such as Shanghai, Beijing and Guangzhou to smaller ones such as Xiamen and Wuxi. Across China, spending is already surging, with retail sales rising by 13.7% last year and 12.9% in 2005. Spending patterns are changing, too. Consumer demand is expanding to service industries as Chinese splash out on travel, sports and entertainment. According to HSBC...
...quite. Yet only a few years ago, the boundless interior was a daunting and unprofitable place for many companies. Giant cities like Chengdu languished, starved of investment and government attention that went to Beijing, Shanghai and Guangzhou. Chengdu was known mainly as China's largest panda-preservation center. Some companies like Korea's Samsung that tried to make an early move were disappointed and left, or limited their expansion...
...been a major stop on trade routes, its dockside warehouses stuffed with silks and the other valuable wares of Asia. Hong Kong prospered as China's entrep?t, and its traders had tight links to the Chinese market; Li & Fung, for example, was founded as a trading company in Guangzhou in 1906. But when the Communist Party took power in China in 1949, exports from China slowed to a trickle. Hong Kong then became a formidable manufacturing hub in its own right?until the colony's growing wealth (its per-capita income is second only to Japan's in Asia) began...