Word: yelabuga
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Dates: during 2007-2007
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...Yelabuga, an economically depressed city of 70,000 in Russia's republic of Tatarstan, is an unlikely staging area for the march of globalization. The city's biggest claim to fame: it's where noted Soviet-era poet Marina Tsvetayeva spent her final days before committing suicide...
...things are looking up. Yelabuga may be getting some economic help from an unlikely quarter. On the outskirts of the city lies the Alabuga special economic zone (SEZ) where, among a smattering of grime-encrusted buildings and two unfinished helipads, Great Wall Motor, one of China's up-and-coming automakers, plans to build a $70 million factory capable of churning out 50,000 cars and SUVs a year. If it gets a green light from Russian officials, the factory will be Great Wall Motor's sixth overseas manufacturing facility - and one of the company's launching pads...
...build its planned factory in the Alabuga SEZ. Wang, the Great Wall Motor president, says her company "cannot lose the Russian market," partly because Russia is seen as a stepping-stone to Eastern Europe and Central Asia. But if Moscow decides to throw up roadblocks, Chinese carmakers - and Yelabuga - could be stuck in neutral for years to come...
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