Word: investements
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...Maybe the two countries should swap stimulus packages. Every economist worth his or her salt agrees that the global economy needs to be rebalanced so that the U.S. becomes a bit more like China (spend less, save and invest more) and China becomes a bit more like the U.S. (spending more, saving less...
...copper, oil and gas - commodities China's leadership knows it will need much more of in the long run. In the past month, Chinese companies have bought assets abroad at an unprecedented pace. Aluminum Corp. of China (Chinalco), a major holding company focused on resources, has announced plans to invest $19.5 billion in Rio Tinto, one of the world's largest mining companies. If completed the deal would be the biggest foreign purchase any Chinese company has ever made. China Minmetals, another state-owned firm, said it would pay $1.7 billion in cash for Australia-based Oz Minerals, the world...
...science supporting warm and fuzzy early-childhood interventions is sound and is only getting stronger. "There's converging evidence from neuroscience, social science and animal data," says Martha Farah, director of the Center for Cognitive Neuroscience at the University of Pennsylvania. "If you want to invest societal resources where they will have the biggest benefit for all of us, clearly the evidence is there now that protecting children from the worst kinds of deprivation in their youngest years will result in more functional, capable, prosocial citizens...
...disaster, when the China National Offshore Oil Corp. or CNOOC offered to buy the California oil company Unocal in 2005, in a deal worth about $18.5 billion, and a backlash in Congress prompted the angry Chinese to withdraw the offer. Unocal was finally sold to Chevron. More recent Chinese investments in the U.S. have also fared badly: Beijing has lost billions in recent months from investments in Morgan Stanley and the Blackstone Group, and Chinese officials who approved those investments have now come under fire in Beijing. "People are saying, 'Why did you invest in that?'," says Downs...
...during the traditional May Day demonstrations by left-wing groups, it is unlikely that the conflict over the remaining affordable living space in Eastern Berlin will be settled anytime soon. Stefanel-Stoffel, for her part, is not planning to give up. "I'll also recommend to my friends to invest in Berlin," she says. "The prices you get here won't stay for long." And Technau and his friends aren't going to back down either: "We'll continue to speak up, until something will change." Seems like Berlin has to brace itself for a long battle...