Word: profits
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...Chinese cash is flowing in as well. More than 20,000 Chinese now work in Laos, up from a few hundred a decade ago. Some are farmers who were lured by land so cheap they can grow rubber, corn and fruit and sell their crops back home at a profit. Others have grander ambitions. Lin Bo graduated this spring with an accounting degree from the Zhejiang University of Finance and Economics in Eastern China, and he has come to make his fortune along the Mekong. "Many students at my university had never even heard of Laos," says the 24-year...
...fame in the mid-1990s when paleontologists began discovering feathered dinosaurs and other well-preserved fossils. They eventually logged at least 500 new species in the area. Good news for scientists, but even better news for an entire generation of farmers, dealers, shop owners, and even local officials who profit from a flourishing underground trade in priceless fossils. "It's going from bad to worse," says Chang Meemann, a paleontologist who has worked in China since the 1960s. "And there's no way to stop...
...Even as the North American box office flattens out, production costs are on the rise, taking bigger bites out of profit. The Weinsteins' Grindhouse cost $53 million to make, according to a Variety source, but made just over half of that at the box office. One way to cut down on costs is to decamp to Asia, where a large labor force with technical skills will work for less. More American filmmakers are flying to Thailand, Indonesia, and even China - where government guidelines are still a hindrance - to shoot films they might once have shot in California or Toronto...
With little policing power, the agency is largely dependent on the good faith of profit-minded toy companies to remove hazardous products. By law, they must report safety concerns within 24 hours of their discovery, a process that usually results in a voluntary recall, like the large number of Chinese-made toys pulled in recent months. Ed Mierzwinski of U.S. Public Interest Research Group (PIRG), calls this self-regulation. "It presumes that the laws are being complied with unless the CPSC is notified that they are not," he said...
Considering the challenges, it's hard to see how DLF's spectacular growth rate can be sustained for long. In its fiscal year ending March 31, 2007, DLF reported that its profit grew more than 1,000%, to $470 million, while sales tripled, to just under $1 billion. After a stupendous two-year run, DLF's stock is unlikely to move much further, says Mukesh Agarwal, a manager at Indian financial-services firm HDFC Securities. "The upside may be limited...