Word: take
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...Economic Cooperation Council. "It's that for thousands of years they had to save to protect themselves." In other words, making it easier for other Asian countries to access China's market isn't the same as convincing Chinese consumers to spend more. "The Chinese remind everyone it will take a long time," says Menon of Singapore's Ministry of Trade and Industry. According to Citigroup, China will indeed become the world's largest retail market - by 2030. That's a lengthy wait for some of benefits of an Asian trading bloc to accrue...
...sparking a backlash against the Chinese presence. Corruption is serious, institutions are weak and political risk in various African countries remains high, meaning the possibility of social and economic breakdown is real. No one will bet their house on continued growth in many African countries. But the West should take note: China has a plan to seize the advantage should the African consumer take flight...
...perfected playing elementary school baseball in the dirt-poor southern Philippines before boxing took him over completely. His shoulder slips back, his torso pitches smoothly forward, left hand and arm torquing an imaginary ball into the depths of the air-conditioned players' cafeteria, where he is waiting to take the field for an announcement. The diamond stud in his ear catches the light...
...matters, the Filipino is the favorite for the Nov. 14 Las Vegas bout. His payday, it is said, will be about $18 million. Back in the Philippines, you can pun on Pacquiao with pakyaw - a verb, pronounced the same way, that means "to monopolize, to corner the market, to take everything at wholesale in order to maximize profit." Pacquiao knows he wants more than he has, more than boxing can give. At the stadium, he retails anecdotes from his life to a couple of Filipinos and repeats what seems to be both an assertion and a lesson learned...
...trend is part of a larger movement toward voluntourism, i.e., trips with a heavy focus on volunteering. But unlike programs like Habitat for Humanity that pair weeklong projects with unglamorous accommodations, hotel-organized excursions generally take up no more than a day, and participants can cap off the experience back at the ranch with $15 cocktails and a night on high-thread-count sheets...