Word: xu
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...Mart shoppers, meet Xu Yaqing. She's a 62-year-old retiree who lives on a fixed income in Beijing. Xu and her husband get by on $263 a month, and lately, the couple's monthly pensions haven't been enough. The price of the peanut oil that Xu cooks with has doubled in the past few months, and soaring costs for other staples have forced them to cut back on milk and to substitute bean curd for meat. They're not starving. But they're scared. "Prices are going up so much and so quickly," Xu complains...
...Xu's lamentations, and those of her fellow Chinese, may soon be reverberating around the world, and particularly loudly at big-box retailers like Wal-Mart in the West. That's because all those inexpensive exports gushing out of Chinese factories - the $15 sweaters, the $25 sneakers, the sub-$100 DVD players - may start getting pricier as the mainland struggles to bring its runaway economy under control. Not all economists agree it's inevitable, but some are warning that an era during which low-cost Chinese production helped to maintain unusually stable prices for manufactured goods around the world...
...That's little consolation to ordinary Chinese. Xu and her husband still have concerns about how to put food on the table. "If clothes are more expensive, we could wear old clothes," Xu says, "but we have to eat no matter how expensive it is." She badly wants to see inflation abate. The rest of the world might soon share that sentiment...
...While these results aren't definitive, researchers in Saudi Arabia and along Europe's Mediterranean coast have found similar patterns, as customary low-fat foods are abandoned. "We blindly accepted that the Western way of life was better," says Dr. Xu Guangwei, head of the Beijing-based China Anti-Cancer Association...
...option offered a patient. When Ye Danyang, a 41-year-old editor at Beijing TV, found a tumor in 2002, doctors hinted that her resolve to preserve her breast was to choose beauty over life. And, in most cases, a mastectomy is cheaper. "A lumpectomy requires additional, expensive treatment," Xu, the Beijing surgeon, says bluntly. "Patients believe, with a mastectomy, you cut off the breasts for $125, and they're done...