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Dates: during 2000-2009
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While other automakers are closing plants in the U.S., Kia, which is controlled by South Korea's Hyundai Automotive Group, is preparing to open a brand-new assembly plant in West Point, Ga., southwest of Atlanta. The $1.2 billion, 2.2 million-sq.-ft. plant will begin producing Kia vehicles for the retail market next month. Up until now, Kia had imported 100% of its vehicles. (See the 50 worst cars of all time...
...Chinese system - not just its banks and companies but also a system of governance that was still heavily dominated by power blocs at the provincial and local level. And his concerns over sustainability were specifically aimed at pollution and environmental degradation - unmistakably negative externalities of China's fixation on open-ended, manufacturing-led economic growth. To the extent that the Chinese experience is a microcosm of the broader Asian development model, Wen's "four uns" are very much a blueprint of what it will take to realize the aspirations of the Asian Century. Just as the financial crisis...
Brooker rubs a big blackened thumb over the clod of dirt in his hand, and a coin appears - minted, it turns out, sometime from 1625 to 1649. "That's a Charles I rose farthing," he explains, pointing to the vague outline of a royal crest. On the open market, it's not worth much - maybe $60 - but "to a mudlark, your first Charles I should be priceless." He tosses it into the bucket with the rest of our haul for the morning, which includes several Tudor hairpins, Victorian clay pipes and a 17th century ferry token...
...media executives to make appeals to Beijing. Reuters editor in chief David Schlesinger called on China to improve the disclosure of economic data by not leaking it to insiders before official announcements and to improve access for foreign journalists. News Corp. CEO Rupert Murdoch asked Beijing to "open its digital door" and improve foreign media and entertainment companies' access to mainland markets. "The embrace of the digital is as vital to China today as its decision 30 years ago to take its place in the global economy," Murdoch said in a speech at the summit. (See pictures of Shanghai today...
...leaders from different parties and factions within the ANC in his Cabinet, his appointment earlier this month of Mo Shaik to head South Africa's intelligence service raised a few eyebrows. Shaik's brother Schabir Shaik was convicted in 2005 of bribing Zuma, a case that prompted prosecutors to open their corruption investigation into the current leader of the country. In South African politics, it seems, the drama never ceases...