Word: shrink
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...said. “Oliver is a gutsy player and he loves taking big shots.” That would be the last field goal of the game for the home team, but Harvard would take care of business from the free throw line. The Crimson lead would not shrink lower than eight points until it was 70-63 with 25 ticks left. McNally, Lin, and Housman combined to go 12-of-14 from the line following the freshman’s clutch jumper. “They fouled us a lot late, but we did a very good...
...world economy, but even at that slower rate, its economy continues to expand, requiring a steady increase in supplies of oil, copper, aluminum and other minerals. And laying in sources of supply for those commodities also helps it prepare for the next boom. As economies across the world shrink, Chinese officials have told reporters in Beijing in recent weeks that they see a rare chance to expand its sources for primary commodities. "There are editorials in the Chinese press saying that this is a one-in-one hundred-year's opportunity," says Erika Downs, China energy fellow at the Brookings...
...down 14% compared with the same period a year ago (U.S. sales fell 37%). The government has targeted a 10% expansion this year. But Michael Dunne, a Shanghai-based analyst with research firm JD Power, estimates that based on January figures, the mainland's auto market this year will shrink for the first time in 20 years...
That would be the last field goal of the game for the home team, but Harvard would take care of business from the free throw line and the lead would not shrink lower than eight points until it was 70-63 with 25 ticks left. McNally, Lin, and Housman combined to go 12-of-14 from the line following the freshman’s clutch jumper...
...Except, that is, in China. Some economists and investors have turned mildly bullish on the Chinese economy. A February survey conducted by Merrill Lynch saw the number of fund managers who believed China's growth would be lower in the next 12 months shrink drastically. Jing Ulrich, chairman of China securities at JPMorgan in Hong Kong, noted after client meetings that "attitudes toward China's efforts to counter the economic slump seem to have turned more positive." The happy mood also showed up in Chinese stocks. By mid-February, the Shanghai stock market had surged more than 30% since...