Word: traded
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While China has vastly expanded trade ties and investments in Africa, Central Asia and South America, its foremost goal is to ensure its access to natural resources. In Afghanistan, China's $3 billion copper-mine investment is the country's largest single investment, but the stability of the war-torn region didn't merit a mention in Hu's 20-minute address. Neither did appreciation of China's currency, the renminbi, which Obama called "an essential contribution to the global rebalancing effort." Hu did, however, say that China and the U.S. "need to oppose and reject protectionism...
...economic power. China, with its billion-plus population, seems destined to surpass the U.S. in economic clout, and it appears to have designs on rivaling the U.S. as a political and military power. Which means there's no easy way out of the U.S.-China trade impasse...
...Certain sectors have been ravaged more than others: small businesses involved in the transportation and warehouse business, manufacturing, wholesale trade and retail trade took the biggest hits, with sales plunging 16.7%, 13.8%, 10.4%. and 6.7% respectively in 2009, says White. (Sageworks' results reflect data gathered from more than 10,000 banks and CPAs who work with small businesses...
...It’s simple supply and demand,” he said. “We put more agents on the streets, and we saw that doing so didn’t decrease drug trade...
Osler instead advocated polices that would prosecute those who organize the trade of powder cocaine...