Word: state-run
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...trying to slow the country's unsustainably high growth rates partly by curtailing lending. But financial czars have no control over money sloshing around in unregulated banking networks, making it difficult to enforce curbs. Illegal funds have defied the government by investing in overheated sectors such as real estate. State-run media blamed "wandering ghouls" from Wenzhou for driving up property prices in Shanghai last summer...
...that underground interest rates were only marginally higher than what banks offer and repayment terms were better. This steady source of finance has given Zhejiang not only China's most vibrant private economy but also the lowest level of nonperforming bank loans in the country. Permitting informal lending allows state-run banks, which provide most of their loans to state-owned enterprises, to "focus on bigger, reliable companies, [while] smaller ones finance themselves in other ways," says Bao Sihu, head of the CBRC in Yuhuan county, home to dozens of private factories specializing in valves...
...levels of political freedom a nation affords and the severity of terrorism.” Those nations at either extreme—North Korean on the totalitarian side and the United States on the democratic side—had very few instances of terrorism, whereas those nations in the middle, nations that were neither totally free nor totally state-run, had the highest rates of occurrence. It should come as little surprise that the Middle East falls into the middle category of nations where terrorist activity is to be most expected...
...curious about the people behind the station. I grew up in Cairo, with state-run TV that consisted of a guy reading government press releases. Al-Jazeera is unique in that it's not state run...
...after hours. He put together three-on-three tournaments and founded the city's first high school basketball league, the Nike League, which has spread to 17 cities. At games, Rhoads blasted the recorded sound of cheering to encourage straitlaced fans to loosen up, and he arranged for the state-run television network to broadcast the finals nationally. The Chinese responded: sales through the 1990s picked up 60% a year. "Our goal was to hook kids into Nike early and hold them for life," says Rhoads, who now runs a Shanghai-based sports marketing company, Zou Marketing. Nike also hitched...