Word: stanleys
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...above the government's 7% target. Another worrisome sign: fixed-asset investment spiked 43% in the first quarter, with the bulk of it going into the already frothy heavy-industry sector. Raghuram Rajan, chief researcher at the International Monetary Fund, warned last week of "signs of overheating," while Morgan Stanley's chief China economist, Andy Xie, asserted more bluntly that the mainland's economy was a "bubble...
...have much wider impact. The mainland is one of the world's largest manufacturing bases and is now its fourth largest trading nation. Last year, China accounted for approximately 70% of Japan's total export growth, 40% of South Korea's and 90% of Taiwan's, according to Morgan Stanley...
...long before foreign consumers are forced to cover the increased cost of raw materials-meaning higher prices for exported refrigerators, DVD players and a wide range of other products. Says Wang of Hangxiao Steel: "As soon as we can, we'll pass the increases on to our buyers." Morgan Stanley's Xie predicts that "at least in the short term, the world could see global inflation because of what's happening in China." The unhappy knock-on effect: to keep inflation under control, central banks around the world might begin raising interest rates, which would shave corporate profits and make...
...production strays from convention, however, it’s a good thing. The play’s music, for example—that batch of motifs that Williams fetishized in his stage directions—is nearly nonexistent, but to no great detriment. And the production’s Stanley Kowalski (Simon N. Nicholas ’07) is an interesting interpretation: Williams describes Stanley as a “gaudy seed-bearer” neanderthal, but Nicholas’ Stanley is surprisingly sassy and alert. There’s never a moment here when Stanley doesn?...
...It’s just not natural to be doing this amount of work,” said Steve Sceery ’03, who recently joined Morgan Stanley across the Atlantic in London. “It’s brutal,” he says, adding that the environment in London was still more relaxed than...