Word: liking
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...products in the Portland store do not shy away from Li Ning's origins, highlighting apparel for popular sports in China like badminton, table tennis and kung fu - games you won't find front and center at nearby Niketown. Li Ning consciously decided not to shed its Chinese identity as it expands overseas, hoping instead to ride the growing influence of Chinese culture. Jay Li, the general manager of Li Ning USA, predicts that as Chinese soft power expands, China's tastes "will become part of the fabric of mainstream culture." Says Li: "When the tide starts to turn...
...Still, many analysts believe the sector has stabilized enough to continue rebounding on its own, albeit at a painfully slow pace. "It's not going to look like a V-shaped recovery in the housing market. It's going to be one flat, long hockey stick, with anemic growth," says Mark Fleming, chief economist at First American CoreLogic...
...credit to be extended a second time to escalate as the expiration date draws closer - similar to what happened in the weeks leading up to the first expiration date. But not all experts are on board. Jay Brinkmann, chief economist with the Mortgage Bankers Association, says he would not like to see the program extended a second time. "They work best if they're somewhat rare and short-lived," he says of such programs...
Perhaps the worst misfortune to befall the world's gorillas is that they live in some of the most resource-rich and lawless parts of the planet. Their forest homes in Africa are rich in timber, gold, diamonds and coltan, the mineral used in electronics like cell phones, and the scramble to get at those minerals has been joined by ragtag militias, national armies, multinationals and governments alike...
...down wood for charcoal. "It has been a success story, but it doesn't make them any less vulnerable," says Emmanuel de Merode, director of Virunga National Park. "We're dealing with an unusual situation, where we have very low numbers in a single location. It's like having all your eggs in one basket, and that makes them very vulnerable beyond the success we've been having these last few years." (Read a TIME cover story on the gorilla...