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Word: high-end (lookup in dictionary) (lookup stats)
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...Tensions flared most recently last week when the Chinese government announced it would begin developing high-end tourism on a few of the Paracels as part of an ambitious new plan to draw tourists from around the world to Hainan, a Chinese island province off the mainland's southern coast. But while planners dream of creating a Chinese Hawaii - with the Paracels' clear waters a potential luxury destination for divers - the leaked proposal made Hanoi bristle almost instantly. China has retained de facto control over the archipelago since seizing it in its entirety with gunboats in 1974, but Vietnam...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...India trails the world's largest emerging car market - China - its sheer size gives it untapped potential that carmakers can't ignore. A decade ago, Mercedes-Benz was the only luxury-car brand in India. In 2006, BMW opened up shop, and it was soon joined by Audi. Though high-end business still only constitutes 0.5% of the overall Indian car market, the brands are already selling more cars than in smaller countries like Malaysia and Thailand, where Mercedes and BMW have been active for 50 years. (See pictures of the best-selling cars in China...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...professor René Stulz of Ohio State University, for one, has written papers trying to clear Wall Street pay and credit-default swaps of any blame. Despite recent apologies, Goldman Sachs executives, too, say that they are no more to blame than anyone else in the financial markets. (See high-end homes that won't sell...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...playing in the first round of the London Chess Classic, the most competitive chess tournament to be played in the U.K. capital in 25 years. Tall, handsome and expressionless, he looks exactly as a man who has mastered a game of nearly infinite variation should: like a high-end assassin. Today, however, he is getting methodically and mercilessly crushed...

Author: /time Magazine | Title: A Bold Opening for Chess Player Magnus Carlsen | 1/11/2010 | See Source »

...unemployment projected to hit 10.5% this year, the number of homeowners defaulting on their mortgages is expected to surge. At least $64 billion in option ARMs will reset in 2010 and another $68 billion in 2011, according to First American CoreLogic, a real estate and mortgage-data company. (See high-end homes that won't sell...

Author: /time Magazine | Title: Still Hunting for a Bottom in Housing | 1/7/2010 | See Source »

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