And now China has succeeded where only Russia and the United States have gone before.
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In addition to the credit-bubble aftermath that continues to haunt the developed economies (and now China), there is the inflation factor.
The US has repeatedly gone through periods of declinism, concern that other countries were passing it, whether it was Japan, the Soviet Union, and now China.
And now China is pledging to enact a modest carbon tax ( which may or may not actually be enforced, even if it is enacted.) Nevertheless, Chinese emissions continue to dramatically rise, while U.S. emissions continue to decline.
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Recently, the firm announced the opening of 25 new stores in China and now expects China sales to increase by 75% in fiscal 2011.
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Britain's leaders have been promising a green economy for many years but Germany, Denmark, the US - and now increasingly China and India - are taking a market lead.
And now, China's media strategy in Africa has taken a step further by providing customer-oriented news offerings and poaching some of the best journalistic talents to bring African news to the continent and to the world.
As a matter of fact, my niece who -- excuse me, as we say in the Senate, a point a personal privilege -- who graduated from Harvard not too long ago, works for Secretary Geithner, she did exactly what we hope another 100, 000 will do: She studied Chinese and went and lived in China and is now devoted to making sure the relationship gets better and better and better.
The9, established in 1999 as one of the leading game developers and operators in China, has stepped into the mobile internet field and now working with major telecom carriers and application distribution channels in China with high speed growth.
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The likes of India and China now account for about 10% of German exports.
"Chinese people have a bit more money now and China has become a powerful country, " he tells me.
The pandas have one surviving cub, Tai Shan, who was born July 9, 2005, and now lives in China.
Between now and 2050 China's population will fall slightly, from 1.34 billion in 2010 to just under 1.3 billion in 2050.
And now, Forbes China Tracker has succumbed to the same temptations.
The NATO countries are still supporting it, but Russia and China now say that they will not, and so it's going to be very difficult for the administration to give sanctions.
Nokia, which has traditionally sold hand sets, is now selling advice on sowing crops, tools to learn the English language and health tips to people in India, Indonesia, China and now Nigeria and trying to make money while doing that.
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There were glimmers of greatness from them, with wins over the world champions and now Olympic bronze medallists, China, and the European champions, Germany.
His firm takes design specifications for shoes from its customers and then manages product development and quality control in factories in China (and now in India and Vietnam, too).
And today, support for India's ruling BJP is surging, boosted by pro-Hindu policies and now nuclear rivalry with Pakistan and China.
With smartphones and tablets leading the Company's PC Plus charge, Lenovo has continued to outpace the hyper-growth in shipments in China, and is now the second largest vendor in China in each of these product categories.
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Whereas there are some governments in the world which dare not allow their people to use Internet and mobile phones, China now has the largest mobile phone population and Internet population in the world.
Low-skilled manufacturing and middle-skilled service jobs that can be delivered electronically have been outsourced to cheaper suppliers in China, India and elsewhere (indeed, China is now rich enough to be vulnerable to losing jobs to Vietnam and Indonesia).
In sum, what was until last year an imperative for Japanese companies not to be left out of the rush into manufacturing and sourcing in China, is now being tempered and modified by the acute awareness and concern for the strategic business risks involved.
They want their country to rely less on exports and massive investments in construction projects as it does now, and develop instead China's own, domestic economy.
The country has been trying, unsuccessfully, to export manufactured and value-added goods abroad for nearly 10 years now and not only to China.
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"China's strength can play a positive role in the region, " said Xu Guangyu, a retired PLA general and now a senior researcher at the China Arms Control and Disarmament Association.
Russia and China are now more closely linked economically and politically than they have ever been.
The U.S. and China are now the main growth markets for solar panel manufacturers.
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