Word: japanism
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...last year was about $1,750. Yet the mania only seems to grow. On May 9, the total turnover on Chinese bourses exceeded that of all other Asian stock exchanges combined, a first. There are even reports of retail investors borrowing against newly purchased apartments or houses-shades of Japan in the late 1980s-to buy stocks. "I'm afraid this thing is in its final frenzy," says Andy Xie, an independent economist in Shanghai. "People are going to get hurt...
...real plus if it is to attract high-income talent from overseas-and clean, crime-free streets. Singapore is regularly named in regional surveys as one of the best places in Asia for expats to live. Per capita income last year was $30,900, equal to that of Japan, and the economy is popping; GDP grew 7.9% last year...
...word design is used very frequently in Japan today," says Satoh, "but, in most cases, it is merely a means to sell things. In order to rectify that misconnection, we on the design side must do more to communicate what design really is about...
...slowing, and an election year looms. If the U.S. economy stumbles, China will be the biggest, fattest target on which to pin the blame. Meanwhile, China will likely continue recycling its massive foreign reserves, possibly making itself an even bigger target by going on a buying spree similar to Japan's in the late 1980s and early '90s: Japan buys Hollywood! Japan buys Pebble Beach! Japan buys Rockefeller Center! Remember too, Japan was an ally; the idea of a traditionally antagonistic (and, nominally, Communist) nation buying up U.S. assets won't likely sit well with American voters. Already one major...
...Even in Japan, the market appears to have limits. Kei sales in April fell 6.4% from a year earlier, the first drop in 16 months. The slump is unlikely to last, however. "Over the long term the minicar market is expected to grow continuously," says Tsuyoshi Mochimaru, an auto analyst for Deutsche Securities in Tokyo. When a country's population shrinks, apparently so do its cars...