Word: spending
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...political instability, the Chinese have often suffered the prejudice and discrimination of Westerners. However, in recent times, China has opened up, transforming an impoverished country into a miracle of history. With a booming economy, a huge population, remarkably high economic growth and with more affluent Chinese willing to spend big bucks on luxury goods, no wonder investors from everywhere are pouring much of their resources into the Chinese market and trying hard to woo many Chinese consumers and companies to their own homelands. China has a emerged as a global superpower, and this century may very well be a Chinese...
...dominated by foreign manufacturers such as GM (which is doing much better in Beijing than it is in Detroit) and Volkswagen. But the government in Beijing has made it very clear that it considers electric and plug-in vehicles a priority for Chinese companies, and it's willing to spend. The Chinese State Council announced in January that it would spend $1.6 billion over the next three years to develop alternative fuels, and there's already an $8,800 subsidy for local governments and taxi companies that buy electrics and hybrids - which is more than the U.S. government offers...
What's astonishing about this stat is how effortlessly Google seems to have earned the public's affection. Other companies - Microsoft, Coke, IBM, McDonald's - spend enormous sums to stay in the consciousness. Google, which makes most of its money from ads, rarely advertises itself. Telling the world how well it does what it does just isn't Google's way. (See pictures of work and life at Google...
...commissioner. "Part of the jollies of fantasy sports is you get to stick it in the face of your buddies," says Tom Harkins, president of FantasySportsTrophies.com whose sales have risen 50% during the downturn. "That trophy says, I know more than you." It also says, I know how to spend money on stupid stuff...
...With enough cash to spend on such safety measures, wealthy Pakistanis can still easily escape the fear—and reality—of what Pakistan has become. The year-old democratic government is in shambles, suicide attacks are more frequent than ever, a nationwide energy crisis and a monetary crisis make international headlines, and both the encroaching Taliban and overbearing U.S. threaten to undermine Pakistan’s sovereignty—in short, the country is a mess. But at the Pearl Continental and other Western havens across the ailing state, it seems as if nothing is wrong...