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...large and medium-sized cities across China soared in 2009, with 50% to 60% increases in Beijing and Shanghai. Real estate mania has become so intense that it has spilled over into pop culture. Last year one of the most popular television shows was a weekly drama entitled Wo Ju (literally "Dwelling Narrowness"), which focused on the plight of a young couple who spend two-thirds of their monthly income keeping up the mortgage on a tiny Shanghai apartment. Their tale is all too real. As economist Xie points out, residential prices in China relative to per capita income...
...does the Quad sound now? Though the notion is an odd one, many Currier singles are connected to each other by “sink rooms,” which are exactly what they sound like. As for exciting upperclassman housing, Currier boasts the 10-(wo)man, several solariums (complete with balconies that wrap around the house and provide a view of the Boston skyline), and several suite concoctions. And don’t worry about lugging your bags up nine flights of stairs when you move in: Currier has elevators. Props for being?...
...Gloss’ by Lil’ Mama Green may be the new Crimson, but sparkly lip gloss is the new milkshake. 8. ‘Girlfriend’ by Avril Lavigne (Eight Language Version) Wo bu xi huan ni de nu peng you! 7. ‘Womanizer’ by Britney Spears Catchy tune, but we can’t seem to remember the lyrics... 6. ‘Get Down’ by B4-4 Frosted tips are totally coming back. 5. ‘Stripper Friends’ by Tila Tequila Do stripper friends...
...Snider. Snider, the highly fashionable Co-Chairman and CEO of DreamWorks Studios and former CEO of Universal Pictures, recently spoke at Harvard’s Women in Business Intercollegiate Business Convention, addressing over 700 ambitious young women eager to be the next leading lady. The key to becoming the (wo)man on top, she said, was a lesson she learned in an agency mailroom—namely, “Don’t be limited by your job description.”Snider originally intended to be a lawyer, attending law school at UCLA after finishing her undergraduate studies...
...That doesn't mean that Beijing will be writing a blank check for Washington as it begins the process of raising the $700 billion the Treasury Department has been authorized to borrow to stabilize markets. As Beijing-watcher Will Wo Lop Lam wrote recently, Chinese leaders are expecting the U.S. to make large concessions in exchange for Beijing's financial support. These concessions may include guaranteeing Chinese investments in the U.S. (such as the roughly $300 billion of Fannie and Freddie May debt it owns). Demands could extend to non-financial areas. Beijing protested recently after the U.S. stationed...