Word: exportability
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Dates: during 2000-2009
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China's near-miraculous economic rise has been built on the smarts of men like Cheng Wei-lun and the sweat of the 800 workers he employs as chief executive of the Tianji Wooden Products Co. Based in Guangdong province in southern China, the company, which exports $10 million worth of toys and children's furniture annually, is like thousands of other small manufacturers that help form the backbone of the country's formidable export-manufacturing machine. But that frame is showing cracks, and all the brains and brawn in the world might not be enough rescue Tianji Wooden Products...
...China's sweatshops have every reason to sweat. America buys about 19% of China's $90 billion in monthly exports. As the U.S. economy began to falter in late 2007, China's torrid export growth rate - for the last several years running at an annual rate of 20% or higher - was showing unmistakable signs of a slowdown. In February, it plummeted to just 6.5%, compared with nearly 20% growth expected by economists. Exporters suffered major disruptions from power outages and transportation delays caused by that month's heavy snowstorms, but sluggish U.S. demand was also to blame. In February...
Jawad has a vision of what he wants in an Iraqi democracy: “We want language. We want books. We want jazz music. We don’t want turbans. We export them tax free—to hell...
...thing, says Takashi Omori, chief economist for Japan at UBS. He points to the fact that about 80% of Japanese imports are contracted on foreign currency and this would allow for savings on import costs with an appreciating yen and make up for some losses expected in export sales. He says that some Japanese firms have accumulated profits in the past years and can now be expected to live off of this while the yen stabilizes. If you take into account exchange rate and inflation, the current level is much weaker than in the beginning of this decade," says Omori...
...Cuno and Ebbinghaus, the future of antiquities lies in replacing the current minefield of export regulations with another system: partage, a process by which institutions that sponsor excavations receive a share of the finds. In the first half of the 20th century, the archeological museums of universities like Yale and Harvard and art museums like the MFA used partage to acquire their most important pieces. In the 1920s and 1930s, a team from Harvard excavated a site called Nuzi in modern Iraq, finding thousands of cuneiform tablets that detailed daily life. These remain on display in Harvard?...