Word: spending
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...experiences: I never had any problem with being addressed as Miss before my marriage or Mrs. now. I don't identify myself through my marriage but I believe that it is a sign of love to have the same name as the man with whom I intend to spend the rest of my life. I wonder if the problem is really one of a generation older than myself. Julia Feldmann, UETERSEN, GERMANY
...chair of the Singapore chapter of the Pacific Economic Cooperation Council. "It's that for thousands of years they had to save to protect themselves." In other words, making it easier for other Asian countries to access China's market isn't the same as convincing Chinese consumers to spend more. "The Chinese remind everyone it will take a long time," says Menon of Singapore's Ministry of Trade and Industry. According to Citigroup, China will indeed become the world's largest retail market - by 2030. That's a lengthy wait for some of benefits of an Asian trading bloc...
...economy was girded by domestic demand, not an export-oriented strategy. Miles of new roads and sea links to better connect this far-flung archipelago will fire that internal growth engine. Otherwise, Indonesia's economy could slow to a crawl - and few commuters in Jakarta will be willing to spend their rupiah on posters of their smiling second-term President...
With so much on the line, the subject of "rebalancing" will likely get top billing during U.S. President Barack Obama's November visit to China. President Hu Jintao and the rest of China's top leaders clearly agree with Washington that the country's consumers need to spend more. Pressure from Obama to speed that process along by, for example, continued improvements in China's social safety net, might be met with nods of approval. But Obama will only be able to press Beijing so hard. China's policymakers are still wedded to supporting the country's valuable export industries...
...famous Mexican fighter, was one; Yuri Foreman, a Belarussian-born Israeli boxer now living in Brooklyn, N.Y., was another), but they were anemic - and not just in comparison to the electric battle between Cotto and Pacquiao. For now, the Filipino fighter says he is going to spend time with his family. He is also probably going to try his hand at politics again. So boxing, besieged by the continuing rise of Mixed Martial Arts, may need more saviors quickly...