Word: modeste
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...exports. Collectively, fixed investments and exports account for 80% of China's GDP, and they are both still growing at close to a 30% annual rate. China's boom would quickly turn into a bust if both slowed sharply. A small upward adjustment of the currency should reinforce the modest slowing of Chinese exports that was already in the cards. China's leadership will most likely adopt a wait-and-see stance as far as further currency moves are concerned. If GDP keeps surging at its current 9.5% rate, policymakers will probably push harder on the currency-revaluation lever?using...
...Economists hope that China's modest revaluation will ripple gently through Asia and the rest of the world. By giving scope for Asian currencies to strengthen, economists expect that the yuan's rise will effectively boost consumer-spending power throughout the region, because imports will become cheaper and interest rates will tend to remain low. In this way, the reform of the yuan could usher in a major shift in the way the global economy works: the knock against Asia is that it saves too much and spends too little, while the U.S. spends too much and saves too little...
...your movies make money in China? It's still modest. There are ticket-pricing issues, a small number of screens, limited release dates and a revenue-sharing model that's fairly limited in terms of what we can make. Over time, the business will improve significantly...
...disposables to pricey models that record to DVD instead of digital tape. But for artful documentation of family fun, the sweet spot belongs to midrange cams, priced as low as $300. Thanks to tech advances?and free editing software?any kid or parent can indulge a filmmaking jones at modest cost, with great results. Our director's guide...
...shed her rookie status, but she’s already left behind romantic notions of firefighting. She and her group work 7 a.m.-to-7 a.m. shifts nearly twice a week. Some of her colleagues work a second job on the side to fill their time and supplement the modest...