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...support. In February, Luo Bingsheng, secretary general of the China Iron and Steel Association, said China's steel-production capacity exceeded the 2008 domestic demand of 500 million tons by 160 million tons. China's State Council has called for a consolidation of the industry in order to manage output better, with five major producers generating 45% of Chinese steel by 2011. (See pictures of Chinese investment in Africa...
...costs consisted of rent and staff salaries, according to Donnelly. In addition to the display room worker who was laid off, HUP fired three staffers in marketing, two in editorial, and one in design—a total of seven layoffs. But HUP is not planning on reducing publishing output, Donnelly emphasized...
...Dutch and British who had accounts with Icesave, the internet arm of the now-defunct Landsbanki, which collapsed last October. The deal was a condition of the IMF bailout, and Iceland has 15 years to pay it back. But the sums total almost half the country's annual output and could jeopardize any recovery...
...Uighurs are also underrepresented in the bingtuan, paramilitary work units in Xinjiang that were created in the 1950s and staffed with former soldiers. The bingtuan contributed one-sixth of Xinjiang's economic output in 2008. But while Uighurs and other minority groups make up about 60% of Xinjiang's population, they comprise just 12% of the bingtuan's ranks. While per capita income figures based on race aren't available, counties in northern Xinjiang with larger Han populations are wealthier than in the largely Uighur south of the region. Witnesses said the rioters last week were young Uighur...
...based on results in Tokyo because the city's concentration of wealth and population density are different from those in the rest of Japan. But dissatisfaction with leadership is running high. Japan is reeling from a jobless rate that has reached a five-year high of 5.2%, and industrial output is down one-third from a year ago. A recent poll conducted by the Yomiuri Shimbun newspaper showed that 41% of Japanese would vote for the DPJ in a general election, while just 24% would cast ballots for the LDP. "Ordinary people are seeking a change of government," says Takao...