Word: surginger
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Second, the revaluation is a big plus for the Chinese economy. China has already taken actions to cool off its overheated property sector, and it does not want to risk overkill by crushing exports. Collectively, fixed investments and exports account for 80% of China's GDP, and they are both...
Thus, with all the time and energy I spend on writing and three hours of class watching movie clips and learning movie structure, I hardly have a chance to take advantage of all the wonders of the Big Apple. When I volunteered to write this piece for The Crimson two...
Six months ago, thai Prime Minister Thaksin Shinawatra seemed indestructible. His approval rating soared to nearly 80% and his party clinched a landslide victory in February's parliamentary election. But in the past few weeks, Thaksin has started to look more vulnerable. Violence by Muslim separatists in the country's...
In China, with its surging trade surplus and huge holdings of dollar reserves, CNOOC's action is called the "go out" strategy: for the past two years, the Beijing government has been urging Chinese firms to expand their presence in overseas markets. Some have begun to respond. Late last year...
The banks' troubles began in the late 1970s, when many Israeli investors started buying bank stocks as a hedge against inflation, which was then surging higher than 100%. The banks encouraged this speculation and helped drive up the stock prices by buying their own shares on the Tel Aviv exchange...