Word: soft
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...policymakers is to temper excesses by cooling the credit cycle. In recent weeks, Beijing has announced a number of administrative actions aimed at curtailing excess lending and rapid price increases at the provincial and local levels. I am convinced those actions will work and that China will experience a soft landing...
...asia's 1997 economic crisis painfully demonstrated, the region's export-centric growth model is not without pitfalls. While critical lessons have been learned from that wrenching period, Asia has lingering vulnerabilities. Two soft spots are likely to prove especially vexing: the region's dependence upon mainland China and the policies of the U.S. Federal Reserve. A looming slowdown in China's economy will undermine Asia's newest source of external demand, whereas the pending normalization of U.S. interest rates could convince American consumers, the region's oldest and most reliable source of external demand, to cut back on spending...
...even a soft landing will be felt around the region. The mainland's 40% import surge in 2003 was the spark that ignited Asia's nascent cyclical rebound. When China slows down?as it likely will within months?a chill will settle over Japan, Asia's newest recovery story. Surging exports to China accounted for 32% of total Japanese-export growth in 2003. Japanese capital spending is also being driven in a significant way by capacity expansion in those industries trading with China. With annual private-consumption growth remaining anemic at about 1.5%, Japan has very little cushion against...
...article that jokingly compared stereotypes of homosexuals and Asian men, employing a barrage of allusions and puns that ranged from the politically incorrect (“Ryan Seacrest Hair: Shellacked spikes, just like that crazy cool Americaaaaaaaan!”) to the tasteless (“Ladyboy fingers: Soft and long. Perfect for both waxing on and waxing off, plucking the koto, or gripping the kendo stick”) to the downright obscene (“Delicate features: refreshed by a cup of hot tea or a hot night of teabagging...
...played always, at the insistence of their father, with a hard ball. Other times, with local boys, they'd set up stumps at the park around the corner or at the beach, where they chose between two types of pitch - fast (the hard sand) or a subcontinental turner (the soft stuff). These games could go for hours, like sessions of the various solo bat-and-ball activities that young Greg would settle for sometimes...