Word: risings
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...across oceans. Jonathan Holslag, a Brussels-based scholar of Chinese foreign policy and author of the recent book China and India: Prospects for Peace, is among a growing number of observers who have dismissed the idea of "Chindia" - a term once often invoked, expressing optimism over the joint geopolitical rise of the two Asian giants. He spoke to TIME about the fault lines between the two neighbors, Washington's place in the region and how tensions could escalate into...
...Bush Administration] that tried to work together with democratic countries like Japan, India and Australia at the exclusion of China. This fed into the traditional political claustrophobia many in China have - a sense that, in the end, Asia will be a very hostile environment for their development and geopolitical rise...
...afford to be complacent about their business relationships with the Middle Kingdom. On March 21, the American Chamber of Commerce in Beijing reported that 38% of the companies responding to a recent survey felt frozen out - "unwelcome to participate and compete in the Chinese market" - a steep rise from 26% a year...
...feels threatened by calls - most prominently made by U.S. President Barack Obama - for the renminbi to better reflect market fundamentals. In the past, U.S. Treasury Secretary Timothy Geithner has outright accused China of manipulating the renminbi and most (though not all) economists believe that China's currency needs to rise versus the dollar. But at a moment when U.S. unemployment is close to 10%, Beijing feels that it is being made a scapegoat for economic problems that are, let's face it, very much made in the U.S.A. It has fired back fiercely. Premier Wen has called any talk about...
...Emerging markets hold the most potential," Buckingham Research Group analyst Joel Tiss says. "It makes no sense to open a new dealership in Dubuque, Iowa, anymore when they could put it in Santiago, Chile, where they can do 10 times the volume." Sales in South America are expected to rise as much...