Word: investingations
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For much of China's recent history, this difference was a liability. The country's vast, mostly agrarian West was isolated from the international economy and lagged badly behind the booming east coast in progress and prosperity. Nine years ago, Beijing sought to begin closing this development gap by investing...
That's not only because of government largesse. As wages and land prices rise precipitously in China's coastal cities, Chinese companies based there are investing in operations in less-developed Xi'an to capitalize on its lower costs and tap a cheaper labor market. About 70% of Xi'an...
There's also a natural cycle to history. Unless you believe that this country is in the throes of a deep and permanent decline, there's no question that we will rebound. "Usually when you've had a really bad decade like this one, the next decade turns out to...
It’s a shame cultural policy is not perceived as “real” public policy. As Americans, we have a responsibility for both stewardship of our heritage and the welfare of our posterity—in both material and immaterial terms. At the heart of...
Baker said he hopes to focus on fixing current financial problems, rather than investing time in designing new changes.