Word: mainlanders
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...pretty clear why China is hitting the skids. The country's economic transformation over the past 25 years has led a great wave of globalization during which the mainland's once small and isolated economy became much bigger and deeply integrated into global commerce - making it more exposed to the business cycles of its big trading partners like the U.S. "The huge elephant in the China shop is the slowing global economy," says Merrill Lynch Asia economist T.J. Bond, who cites an obvious reason: China's manufacturing sector, which accounts for 43% of China's GDP, depends heavily upon sales...
...Will your new films be released in mainland China? Sophie Li, Guangzhou, China I hope that Princess of Nebraska will be put on YouTube [in China] and released for free. Thousand Years was originally supposed to be financed by a Chinese company and then it fell apart because there were lines in the movie that they felt very sensitive about. You never know what they're looking for in terms of censorship...
...starving his people, might be tempted to take Zimbabwe as the story of Africa. But if Mugabe is the most famous living example of an African tyrant, evidence of a very different Africa has never been far away. Botswana, which shares a border with Zimbabwe, has for decades been mainland Africa's brightest star, a country that has gone from dustbowl poverty to middle income status in a generation, where elections are peaceful, politicians retire voluntarily, civil society is vibrant and where natural resources (in Bostwana's case, diamonds) are not a curse or a spur to corruption and violent...
...earlier this year, Palin missed an opportunity to help the US mainland obtain billions of cubic feet of natural gas from Alaska's Cook Inlet. Her support of an effort by major energy producers to export the fuel to more lucrative markets in Asia came just as a facility that will provide the first practical way to bring the state's natural gas to the lower 48 states was set to open on the Baja coast in Mexico...
...that picture is only partly correct. That China is watching the meltdown with alarm is certainly true. The global economic slowdown on the tail of the financial-market blowout is already clear and present on the mainland. In what has been one of the world's prime economic engines for the past five years, growth is slowing fast. Look only at the price of steel - as useful an industrial proxy for China's economic boom as any. According to Mysteel, a Shanghai-based consulting firm, the price for products used primarily in construction have fallen to less than...