Word: wealth
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...brought a vision for China that has resonated from the 19th century Qing dynasty reformers to this day: to regain China's fu qiang (wealth and power), dignity, international respect and territorial integrity. In this regard, Mao and the CCP positioned themselves squarely with a deep yearning among Chinese - thus earning their loyalty and the party's legitimacy. His successors have not wavered from this singular vision and mission. (Read "Where China Goes Next...
...specific incident? The Republicans and the Right Wing gave permission for all of us to use words we haven't used before: capitalism and socialism. So let's have a discourse. They called Obama a socialist because he told Joe the plumber he wanted to spread the wealth around. Then we had the crash and a month later Bush is talking about the glories of capitalism. I don't' remember in my lifetime where the President starts off a speech says, "And now class, today's topic is capitalism." They started using these words...
...positive note, with Faust pointing to examples of cross-school academic initiatives, such as a recent push for global health programs. “The larger point is this,” Faust concluded. “Whether our endowment is $37 billion or $26 billion, there is a wealth of intellectual opportunity within this University.” Though audience response was overwhelmingly positive, praising Faust for her clarity, transparency, and willingness to engage the community, some grumbled that there remain many unanswered questions. Computer Science Professor and former Dean of the College Harry R. Lewis...
...economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able to accumulate a financial cushion of around $21 billion worth of savings in sovereign wealth funds and a similar amount in central bank reserves, the New York Times reported. Such financial policies allowed Chile to announce a $4 billion stimulus package this January and provide fellowship funding to Chilean students at several foreign universities, including Harvard. The new agreement will provide fellowships for about...
...strike.) But holding your debt does give us leverage, and we have some decisions to make now. Specifically, we'd like to diversify our purchases because the dollar is getting weaker by the day and we want hard assets. Companies, land, buildings, amusement parks, golf courses, whatever. Our sovereign wealth fund - the China Investment Corp. - is already looking at possible investments, as are some of our state-owned companies. A few years ago, one of our better-run companies, CNOOC, tried to buy a second-tier oil company in Los Angeles, UNOCAL, but backed off after your own xenophobic politicians...