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The Looming China Cr |
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| When Western executives and investors look at China, the first thing they see is opportunity. China’s population of 1.3 billion people seems to represent a spectacular potential market for American products and services. Every week, foreign companies pump another $1 billion into China, according to The Economist. |
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Internet Gambling Ja |
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| Internet gambling is growing at a phenomenal pace. In 1996, the industry consisted of 30 Web sites that brought in $30 million in wagers. But by 2004, more than 1,800 on-line casinos took in about $7.5 billion. |
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Global Cash Surplus |
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| As we’ve forecasted previously in Trends, the prices of higher-end homes, which cost $1 million and up, have softened in recent months. But overall, U.S. housing prices have continued to rise, climbing 14.5 percent in the year ending June 30, 2005. That’s the fastest annual pace in 25 years. |
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The Coming Global Wa |
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| As we’ve discussed, America must confront such issues as the fifth wave and the rise of global powers like China, with its mammoth population of cheap workers, its vast hoards of cash, and its urgent agenda for acquiring the resources to make it an economic superpower. |
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RNA Runs Interferenc |
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| At the same time stem cells are promising unprecedented hope for conditions requiring replacement of tissue, another new technology called “RNA interference” may be even bigger. This technology promises to address the one-third of human maladies that are the result of genetic glitches that can’t be fixed by stem cells or by any of today’s “conventional” therapies. |
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[110]권 
