pianoer 's Bookmarks tagged us →  View Popular

"I think the important thing to note is that this hasn't been triggered by an economic, financial or political crisis."

austerity measures from Beijing to slow the nation's sizzling economy.

In China, the Shanghai Composite Index rebounded 3.9% to 2,881.07, recovering from its 8.8% plunge Tuesday, its largest decline since Feb. 18, 1997.

ripple effect

In this crowded market, MetroPCS has also managed to distinguish itself from the big boys like Verizon Wireless Inc. (VZ
) and Cingular Wireless. Rather than offering calling plans with bundled minutes, hefty overage fees, and annual contracts, MetroPCS charges customers a flat, prepaid rate of $30 to $45 a month for unlimited calling. Its phones are cheaper, too.

The military is immune from most lawsuits by service members and their families. The U.S. Supreme Court ruled in a 1988 lawsuit that government contractors also have broad immunity from liability as long as they follow general specifications.

Bank of America bought a significant portion of CCB before they went public on the Hong Kong Stock Exchange. This was a really big deal last year because CCB was the first of the Big Four state Chinese banks to be publicly traded (Bank of China went public earlier this year). BofA doesn't have a significant retail banking presence in Hong Kong and Macau anyway, and as more affluent Mainland Chinese start using HK and Macau as a tourist destination it just makes more sense for those branches to be CCB than BofA.



A lot of these posts are really
alarmist
"China owns the USA" nonsense. China is funding American debt, but our consumer spending provides jobs for Chinese. If our consumption pattern slacks off it's going to be bad for America but disasterous for China. They just don't have the domestic demand to make up for the export revenue they get from America.

alarmist

paranoia

mongering

hegemony

incarnation