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...Given the number of foreign companies that have set up their own facilities in China, the government is unlikely to let them fail completely, says New Energy Finance's Ying. "If they have manufacturing capacity in China, they generate GDP, generate tax revenue, generate employment, I do not see a reason why the Chinese government would let them die," he says. "A parent may like one child more than the other, but at the end of the day I think they will continue to do well and continue to do business in China." With the rest of the global economy...
...Much like that line, the dialogue in Tokyo Vice is often so snappy and quotable that it sounds as if it were a treatment for a Scorsese movie set in Queens. "The word isn't victim - it's sucker," one made man pronounces. A cop is described as saying, in English, "Please go get me some smokes, angel." Yet the facts beneath the noirish lines are assembled with what looks to be ferocious diligence and resourcefulness. For even as he is getting slapped around by thugs and placed under police protection, Adelstein never loses his gift for crisp storytelling...
...course, the geopolitical game has changed since 1962. China is now intimately connected to the U.S. economy and the holder of $797 billion in Treasury securities. President Barack Obama has tried to set a conciliatory tone with the leaders in Beijing, agreeing not to meet the Dalai Lama, whom they detest, before an expected visit to China next month. At the same time, the U.S. is forging much closer military ties to India. Thanks to a monitoring agreement reached this year, U.S. defense contractors can sell technology freely to India. "India is probably the most important country internationally...
...weighs heavily on the minds of Detroit's middle class, although it's an issue few residents want to discuss. In some neighborhoods, armed guards stand watch outside houses of worship; in September a pastor shot a man trying to rob his church. In others, street barricades have been set up to help deter potential thieves...
Judge William Wayne Justice was a hero of mine. He set the pace for so-called activist judges and in the process became the most despised man in Texas. When Wayne was appointed a federal district judge in 1968, the South was not through fighting the Civil War. The most unpopular people were those, like Wayne, who enforced desegregation in schools...