Word: retainers
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...besides Champale sells such products as Romanoff caviar and Major Grey's chutney, has decided to let Fox keep his job for the time being. The chairman owns about 20% of the company, which he built from a small brewery that he took over in 1965. Fox could legally retain his title even if he goes to jail. But if convicted of the crime, he could serve as much as seven years in prison...
...retain a stable Philippines, the U.S. should take the initiative. But we should not assume that the solution to the present crisis is the removal of Marcos. It is only the first step. Alexander C-K Lai New York City Corrected History...
...good distributor can be crucial. Consider how Schick captured its sizable share of Japan's $200 million safety-razor market. In the early 1960s, Schick and its rival Gillette began selling their razor blades in Japan. Both faced keen competition from Feather, a Japanese manufacturer. Schick decided to retain a prominent local distributor, Hattori. But Gillette blundered by abandoning its local agent after a few years. Japanese retailers viewed Gillette's move as arrogant, and the firm was unable to sell its products on its own. Says Jay Gwynne, president of the consumer health-products division of Warner-Lambert, which...
...laissez-faire capitalist system for at least 50 years after that. Peking is now touting an even more lenient version of this "one nation, two systems" approach as a model for a reunification deal with Taiwan, which it once threatened to take by force. Peking proposes to let Taiwan retain not only a capitalist economy but independent armed forces. Taiwan so far is not buying. Eager for more trade and investment, Deng is trying to make China a partner in the non-Communist world economic system. In 1986 Peking expects to apply for full membership in the General Agreement...
...result was a whiff of that old capitalist evil, inflation: in some cities, food prices jumped 35% in early 1985. The blow was softened by a continuation of wage increases begun immediately after Mao's death. Nonetheless the price boosts stirred widespread grumbling, particularly among older Chinese who retain bitter memories of the hyper-inflation that preceded the Communist takeover...