Word: lu
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...decelerating as quickly as it did in the preceding months. Most important, Chinese banks doled out nearly $240 billion of new loans in January - a one-month record. Some economists have taken these data as evidence that China's economy has already bottomed out. Merrill Lynch economists Ting Lu and T.J. Bond reaffirmed their bullish 8% GDP-growth estimate for 2009 in a February report, arguing that the turnaround could begin in the second quarter. "China looks set to be the first major economy to recover from the current global meltdown," they proclaimed...
...representative who served as the campaign manager for the Flores campaign, said that the creation of the committee represented a fulfilment of one of Flores’ campaign promises. Kroop, who is currently the UC’s communications director, will co-chair the committee along with Amanda Lu ’11, the current public relations director. Lu said that the new committee would address the concern that students were not made aware of Council projects. Flores said that the UC Web site will be re-designed as a part of the new outreach initiative. “[Students...
...jeou reportedly told electronics industry executives in early January. Aid is crucial, policymakers believe, because Taiwan's chipmakers are simply too important to the economy, which specializes in manufacturing gear like notebook PCs. "It's bad for the whole high-tech industry here if the DRAM industry fails," says Lu Cheng-chin, an official at the industrial development bureau at Taipei's Ministry of Economic Affairs...
...state aid, though, won't come without strings attached. ProMOS Technologies and Powerchip Semiconductor have asked the government for aid, and were told they must revise their proposals with more measures aimed at improving their competitiveness and technological capabilities. "The government sees this [aid] as an investment," Lu says, "We don't want to just bail out the industry." The result will likely be consolidation of the country's six major DRAM makers into fewer firms, including possible sales of stakes or entire companies to better capitalized foreign rivals. "It looks like merging is the direction of the industry," says...
...much an acquired taste as it is sequential tasting. You're supposed to lick the salty foam to arouse your senses, then savor the sweet, creamy coffee. "Through the contrast of textures, you experience the saltiness and coffee at different times," says architect Jeff Lu of his first encounter with the drink. "It's a multisensual experience that works...