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...term profits. In the West, many developers build, own and manage their malls. In China, retail projects are "condominium-ized." That means the developer builds the space and then sells off individual shops to retailers. Because this strategy offers almost instant profits for investors, builders have little incentive to pick tenants carefully-and no incentive to ensure the facility is properly managed for the long haul. "If there's any empty stall when it comes close to time to open, all planning goes out the window," says David Hand, head of Jones Lang LaSalle's Beijing office, who estimates...
...generation that no longer need the protection of an ethnic association, much less one tied to a dictator. The gradual rapprochement between North and South Korea has also rendered Chongyron superfluous. "When the South and the North come together over there, you don't have to pick one or the other over here," says...
...murder rate is so low, say many observers, is not necessarily because the police are in control but because pistols are so hard to come by in New Zealand. "It's a blessing," says sociologist Gilbert. "These kids are going into battle armed with knives and anything they can pick up off the street. If they could pick up a handgun it would be different...
...dreams, Arnie Miller, 59, an executive recruiter who lives in Boston. "We talk about getting married, but this is so good right now," says DeLee, who ran the Democratic Convention in 1996. "Two minutes before he leaves, I think it's so hard to see him pick up and leave. But two minutes after he's gone, I think, Ahh, I've got my house back." Miller likes the arrangement too. "Why should this be off-putting? I'm high-powered too," he says. "We both like our space. And three days later, we're racing to be back together...
...President feels bad about the nation's opinion of him-a meager 25% of those surveyed in a June Gallup poll approve of Bush's performance-all he needs to do is pick up that same poll and keep reading. According to Gallup, just 14% of people express confidence in the current Congress. That's the lowest measure in the 34 years Gallup has been tracking government institutions...