Word: oversease
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Hillary's Choice The tensions between the White House and State raise a fascinating question going forward. Obama and Clinton are in substantive agreement on the President's diplomacy-first philosophy and on most policy issues - although neither is willing to disclose the content of their private conversations - but style...
Further expansion in Asia may be a good bet. Last year, roughly a quarter of Disney's revenue came from overseas operations. Asia contributed just 5%, but leisure-industry experts are bullish about the region's potential. Last year, eight of the world's top 20 amusement parks (by number...
One obvious example, which will be front and center when U.S. President Barack Obama makes his first visit to China on Nov. 15, is the exchange rate of Beijing's currency, the renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has...
Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how...
Let's now pan to a contemporary, post-Industrial society - say, the U.S. An economy based on brains and connections? That sounds about right. It's been half a century since economists first lasered in on the importance of "human capital" - the notion that what is locked up in people...