Word: stuffs
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...government and director of the economic-research institute at the Chinese Academy of Social Sciences (CASS). "Now, we need to become a strong economy." In a nutshell, this means becoming a bit more like Japan by developing domestic, technologically formidable manufacturers, rather than just making a lot of inexpensive stuff for the rest of the world. It also means becoming a bit more like the U.S., where factory jobs have over the years been supplanted by the growth of the service sector and knowledge-based companies. China's need to emulate America may seem counterintuitive at the moment, given...
...palate used to poi--I was surprised that it wasn't bad. Kind of smoky and not at all gelatinous. With many of the top restaurants hurting, I figured I'd ask some of the country's best chefs what kind of cheap dishes they could make with the stuff--since they might have to soon. (See the Top 10 food trends of the year...
...concrete. Not the cheap, gray, easily cracked soulless stuff that gave urbanization a bad name when it was slathered over Western cities in the 1960s, but newfangled, bright--and still relatively expensive--concrete that has come on to the market this decade. High-performance concrete (or ultra-high-performance, as it's known in the industry) is up to 10 times as strong as regular concrete. It costs several times as much as standard concrete, yet industry experts say price comparisons are misleading because the high-tech versions have properties that make them more comparable to materials such as stainless...
Although you'd think that eBay's flagship marketplace business, a site where people go to buy and sell stuff, would flourish in a downturn, it has stopped growing. It's still unclear how badly the credit crisis and buying slowdown will affect an e-commerce value site like eBay, which does half its business outside the U.S. During the 2001 recession, eBay's marketplace continued to thrive because of its Web dominance and discounted goods. Whitman at the time even crowed that "eBay is to some extent recession-proof...
...describing the economic conditions of the Great Depression, asked respondents if a return to such misery was likely. Almost 60% said yes. And perhaps one of these months, be it in 2009 or 2010, these people might just be pleasantly surprised by the economy's performance - and start buying stuff again...