Word: importantly
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Dates: during 2000-2009
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...should be easy enough for Cho to recognize the secret of Hyundai's success. The South Korean company is following much the same formula that Toyota used decades ago to overcome its "cheap Asian import" stigma and become one of the world's most respected brands. When Hyundai first entered the U.S. market in 1986, its Excel sedan?an econobox with a $4,995 price tag?was an instant hit with frugal buyers. But customers soon discovered they were getting what they paid for: Excels were prone to quality-control problems and frequently needed parts replaced. Sales tanked, and Hyundai...
...sweeping as Nakasone's program sounds, it may not be enough to satisfy Japan's trading partners. They are concerned that the new measures will be phased in slowly over a three-year period and that many import restrictions were untouched. Quotas will remain on imports of 22 agricultural items. Examples: beef and citrus fruits and juices...
Xiao has plenty of problems to tend to in Chongqing . For one thing, the city is woefully short of transportation. Says Chen Zhihui, the municipal planning commission's vice president: "There are not enough trucks, cars, trains or taxis. We have to plan to import more." Hotel space is insufficient, and air service is inadequate. Chongqing's airport lies in a valley that is fogbound so frequently in winter that one of every three flights must be canceled...
...program was doomed almost from the start. The price of oil peaked at more than $40 per bbl. in 1982 and has fallen steadily since, to about $27 per bbl. today. It has thus become much cheaper to import oil than to manufacture synthetic fuels. And that has made projects like Great Plains losing propositions. Says Energy Secretary John Herrington: "Oil and natural-gas prices have simply not proved high enough to make the [Great Plains] project economical. On balance, the costs outweigh the benefits...
...results have been discouraging. Though Tanzanian farmers have traditionally been among Africa's most productive, the country's pricing and distribution system is notoriously inefficient. The government has been forced to import food to feed the population of Dar es Salaam, the capital. As a result, ujamaa has been allowed to die a quiet death, and roughly 85% of the population has gone back to subsistence farming. Meanwhile, the nationalized industries are working at only about 20% of capacity. Tanzania's expensive 1979 military intervention in neighboring Uganda to topple the brutal dictatorship of Idi Amin further accelerated the economic...