Word: japanism
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Dates: during 2000-2009
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...29th annual Barbie convention sold out in two days, and lit up the District in the doll's signature hot pink, drawing Barbie-lovers ages 13 to 80 from all over the globe, including Russia, Mexico, Japan, Australia, Britain and France. A trio of sisters trekked from Mexico in order to be around other passionate Barbie fans. "There is no Barbie club in Mexico," said the oldest, Leonor Vidal Rosada. (Watch TIME's video: "Turning 50 with Barbie...
...state's Travel and Tourism Commission has opened offices in three Chinese cities. In 2005, Governor Arnold Schwarzenegger toured China on a six-day trade mission to peddle his state's produce, technology and raw materials. China is now California's fourth largest export market, after Mexico, Canada and Japan. In 2008 California exported $10.9 billion worth of goods to China, up 40% since...
...Empire reigned supreme, the pound was the top international currency. Since World War II, that role has been played by the dollar, with the U.S. having by far the world's biggest economy. Now that China is rapidly charging up the list - it currently ranks third and could overtake Japan as No. 2 as soon as next year - there is good reason to believe the yuan could dash into the big league of global currencies...
...Both methods produce snapshots in which the central subjects appear to pop off the screen or print. A parlor trick? Perhaps, but Fujifilm is gambling that consumers will not only be willing to pay for such special effects, but they'll also pay extra. When the camera debuts in Japan this summer and in the U.S. and Europe in September, it will cost around $600, roughly twice the price of conventional digital cameras. The picture frame will cost several hundred dollars, too; Fuji isn't sure yet how much to charge for 3-D prints. "We know that...
...Just standing still isn't a very appealing strategy. The digital-camera market is stagnating. About 128 million digicams were sold last year, and amid the recession, sales are expected to shrink this year, according to Hisashi Moriyama, senior analyst at JPMorgan Securities in Tokyo. The U.S., Europe and Japan are near market saturation with about 80% to 90% penetration, meaning as many as 9 out of 10 consumers already have digital cameras, says Moriyama...