Word: shift
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...vision is to turn Taiwan into an operations center for Chinese industry by supplying technical and manufacturing expertise. There are some early indications Ma's strategy might work. Sun Ta-wen, chairman of circuit-board-parts maker Taiflex Scientific in the southern city of Kaohsiung, had planned to shift more production to China to improve efficiency, despite his fear that his company's intellectual property would be stolen. But better transport links have cut shipping costs and reduced travel time, so Sun has decided to keep his advanced R&D and manufacturing operations in Taiwan and is even investing...
...Reports surfaced in international media last week that in an effort to slow the rapid graying of the workforce, couples in Shanghai - the country's most populous city - would be encouraged to have two kids if the parents are themselves only children. Shanghai officials have since denied any policy shift, saying this caveat is nothing new, but the contradictory reports are another manifestation of ongoing rumors that Beijing is rethinking the controversial one-child policy that has for the past three decades helped spur economic growth - but exacted a heavy social cost along the way. (See TIME's China Blog...
...remarks appear to suggest a shift in tone from only days earlier, when Gates had called on Crowley, the officer who had arrested him, to "beg my forgiveness." Gates, who had also publicly flirted with the idea of filing a lawsuit against police over the encounter, said in a television interview on Tuesday that "this [incident] has just to do with human relations between a man who did something terribly wrong and then lied about...
...Moderates began stomping furiously on the brakes almost as soon as the legislation appeared to pick up speed. Some are freshmen from Western states, like Jared Polis of Colorado and Dina Titus of Nevada; their victories in 2008, part of a possible regional shift in favor of the Democrats, could be erased next year if polls continue to turn against new taxes and mammoth spending plans...
...recovery while the global economy remains weak. "There is close to a zero possibility that the Chinese government will do anything this year that constitutes tightening," says Andy Rothman, a Shanghai-based economist for the brokerage CLSA. "The recovery is only in its early stages." And without a major shift in thinking, the easy-money conditions will stay in place - so even if there's no bubble now, there's a good chance one may be forming. In a global economy that has produced more dramatic ups and downs than anyone thought possible over the past two years, Asia...