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...growth. But, while China's per capita GDP now stands at about $3,200, up nearly fourfold since 1997, it's still a far cry from U.S. per capita GDP of about $46,000. Moreover, conservative Chinese financial habits are deeply ingrained and driven by the need for "precautionary savings" for medical care, old age or sudden calamity in the absence of robust government safety nets. "It's not that Chinese like to save for the sake of savings," says Tan Khee Giap, chair of the Singapore chapter of the Pacific Economic Cooperation Council. "It's that for thousands...
Mitchell headed back across goal to freshman striker Brian Rogers, whose header forced Garon Smith to make a good save to his right...
Later in the half, Garon Smith made another fine save to stop Crimson senior midfielder Adam Rousmaniere’s shot from a tight angle...
...Chinese military after its soldiers started falling ill during the Vietnam War. The treatment caught on in Vietnam as a crushed powder, and after the drug reduced the malaria death toll in Vietnam 97% from 1992 to 1997, it was touted as the miracle drug that could save people everywhere from the disease. A nonprofit drugmaker in San Francisco hopes that by 2012, it will help put a synthetic artemisinin on the market at a fraction of the cost of harvesting the wormwood herb...
...Switzerland in recent months. Thanks to the 2004 merger of the French and Dutch airlines, Air France-KLM is even further out in front. Troubled Iberia and BA, which both announced ugly losses over the past week, reckon eliminating duplicate services from fleet maintenance to business class lounges will save the airlines $600 million a year. That'll mean "a strong European airline will able to compete in the 21st century," BA boss Willie Walsh, who'll head the new company, said in a statement. (See the best travel gadgets...