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...that strategy is the Friendship Bridge across the Yalu River in northeastern China. The span connects the city of Dandong with North Korea, and every day pedicab drivers and minivans haul their goods across the Yalu, bringing scissors and shampoo, fruit and vegetables, and even DVD players and color TVs to market in Kim's socialist paradise. Train cars also trundle over, carrying oil destined for use in North Korea's million-member military. For Kim, the economic link to the outside world that the bridge symbolizes is vital. Beijing knows it?and so does Washington...
Where in Harvard Square can you shower on recently-quarried Indian marble that is used nowhere else in the world, monitor visitors from multiple plasma TVs before they knock on your door, and sit at a desk overlooking Harvard from seven floors up—all for $3,500 a night...
...like India, with strong capabilities in software development, have gained leverage in attracting the work. Joining the tech companies congregating in Bangalore is a diverse group of manufacturers developing software for their products. Philips, the Dutch consumer-electronics giant, develops and tests software for DVD players and flat-screen TVs. General Motors opened a research lab, its first outside the U.S. Others without wholly owned R.-and-D. labs are parceling out discrete pieces of research to Indian firms such as Wipro Technologies, which increased its R.-and-D. business 55% last year. "[Clients] are not doing their core-competency...
...like India, with strong capabilities in software development, have gained leverage in attracting the work. Joining the tech companies congregating in Bangalore is a diverse group of manufacturers developing software for their products. Philips, the Dutch consumer-electronics giant, develops and tests software for DVD players and flat-screen TVs. General Motors opened a research lab, its first outside the U.S. Others without wholly owned R&D labs are parceling out discrete pieces of research to Indian firms such as Wipro Technologies, which increased its R&D business 55% last year. "[Clients] are not doing their core-competency product engineering...
...also plays its part in shaping them. Marketers have picked up on the fact that twixters on their personal voyages of discovery tend to buy lots of stuff along the way. "They are the optimum market to be going after for consumer electronics, Game Boys, flat-screen TVs, iPods, couture fashion, exotic vacations and so forth," says David Morrison, president of Twentysomething Inc., a marketing consultancy based in Philadelphia. "Most of their needs are taken care of by Mom and Dad, so their income is largely discretionary. [Many twentysomethings] are living at home, but if you look...