Word: steels
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...mosque in Khotan, a dusty oasis town located in the vast Taklamakan Desert in China's far southwest, the shop is a focal point for the Muslim Uighurs who make up the majority of the local population. But though it is mid-morning, its gates are secured with heavy steel padlocks. Warning notices from the Public Security Bureau are pasted across the doors announcing that the business has been closed indefinitely. Until last month, this was one of the biggest private companies in the city, residents say; its owner was a popular philanthropist. But now pedestrians keep their distance, some...
...South Korea. But China may be unusually vulnerable to weaker international demand because the country has in recent years built too many new factories. With investment capital readily available and China's economy roaring ahead at double-digit growth rates, heavy industry expanded massively. The value of China's steel exports, for example, jumped tenfold from 2003 to 2007, from $5 billion to $50 billion...
...dozen polluting factories will be required to reduce emissions by 30%. The targeted companies include the Yanshan Petrochemical Co., the Number 27 Locomotive Factory, four power plants and several building material and glass production factories. Shougang Steel, which is scheduled to move to neighboring Hebei province by 2010, will be required to further cut pollution from its Beijing operations...
...picture of a stainless steel elephant, eyes averted flirtatiously and a jolly smile, is projected on the screen in the Carpenter Center lecture hall. “The pink ears could be fallopian tubes,” offers Jeff Koons, the controversial artist who spoke last Thursday. The shiny ears do sort of resemble one of those images found in the reproduction section in a biology book, but with a tilt of the head they look more like greyhounds—hot pink ones. Whether or not you prefer the dog or female anatomy interpretation, Koons’ open-ended...
...India are irrelevant. Far from it. Indian companies have been on a buying spree over the past few years, snapping up companies across the globe. Some of the biggest and most high-profile have involved British firms (Tata Motors' parent company, alone, has bought tea makers Tetley and steel giant Corus) and that's likely to continue, not only because Britain is a vibrant, open economy but because the shared history does count for something. "More than 200 years we were together," says Kochhar. "And any people who speak the same language have an understanding. Irrespective of the kind...