Word: quartered
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...even more important difference is that the stakes are higher with China. Japan seemed like a fearsome economic rival a quarter-century ago, but it wasn't really a political rival and, with a population less than half that of the U.S., it was unlikely ever to surpass the U.S. as an economic power. China, with its billion-plus population, seems destined to surpass the U.S. in economic clout, and it appears to have designs on rivaling the U.S. as a political and military power. Which means there's no easy way out of the U.S.-China trade impasse...
...that regarding all three contributing factors, there are encouraging signs that things are moving in the right direction. In 33 states, the percentage of women who smoked dropped from last year; the percentage of insured women of childbearing age with health insurance increased in 21 states; and in a quarter of states, the late-preterm birth rate declined since...
...story noted that, despite conventional wisdom that a rejuvenated Chinese economy, which grew 8.9% in the third quarter, could pull the global economy out of recession, several skeptics were arguing the Middle Kingdom's performance was unsustainable - and even that it was mostly a mirage. Chief among these naysayers is billionaire hedge fund investor Jim Chanos, who famously sold Enron short in 2001 after concluding that the rosy reports and projections about the company were not based on facts. He has come to a similar conclusion about China, according to Politico.com, and is shorting the country just...
...Skepticism about China is not new. Lawyer Gordon Chang published The Coming Collapse of China in 2001, and he's been waiting for the thud ever since. In a recent column in Forbes magazine, Chang insisted China's third-quarter GDP growth this year is unlikely to be "anywhere near" the official 8.9% cited by Beijing...
...people that obviously just don't follow closely or study China." He maintained that, if anything, China's economic strength is being underestimated. "The latest data we got earlier this week, in addition to the month before, suggest that GDP was actually stronger than 8.9% in the third quarter," he said...