Dr Robert Hollands said it was good news for the local economy but home-grown entrepreneurs are missing out on their slice.
But France is the second-largest economy in the Eurozone and home to some of its biggest and most globally-recognized companies.
But China should not be made into a scapegoat for all the home-made ills of the American economy.
Ctrip's founders' answer: Home Inns, a Chinese-style economy hotel harking back to the U.S.' Howard Johnsons and Holiday Inns of the 1950s.
While stay-at-home moms may not be contributing to the market economy as workers, they make the majority of the day-to-day financial decisions on behalf of their household.
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Britain's economy has its own home-grown problems, to which the misery on its doorstep will add.
The megacity contributes to over 20% of the country's GDP and is also home to a multi-billion dollar informal economy.
Starter-home affordability: Moody's Economy.com provided us with an index of housing affordability based on the cost of a median priced home in each city compared with the median income.
Energy Secretary Ed Davey should ramp up the efficiency of our energy system and invest in home-grown renewable energy to boost the economy and reduce consumers' exposure to rocketing gas prices.
Hence the hope that the home-owning consumer will continue to spend the economy out of trouble for long enough for the corporate sector to sort out its problems.
But such forward thinking has transformed South Korea from one of the poorest countries in Asia to an advanced high-tech economy that's home to major tech firms like Samsung and LG, as well as the most wired population on the planet.
And even though comprehensive immigration reform has taken a little longer than any of us expected, I am hopeful that this year, with the help of Speaker Boehner and some of the senators and members of Congress who are here today, that we bring it home -- for our families, and our economy, and our security, and for this incredible country that we love.
With so many government programs specifically designed to maintain artificially high home prices, devastating long-term consequences for our economy are inevitable.
Mr Cable warned the UK could not blame its current flagging growth on the turmoil in the eurozone or a weak US economy as many of its problems were "home-grown".
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At the crossroads of the battered housing market and below-trend levels of consumer spending, it will come down to execution for the home-improvement retailers as housing rises off the bottom and the economy continues its slow rebound.
The problem with America's economy is that the last bubble, the "home-mortgage, derivative, credit default swap bubble" popped, as all economic bubbles eventually do.
The company's precarious situation in the current economy is surrounded by debates over the take-home pay of executives who may or may not deliver results.
It is now up to the regulators and policy makers in Washington to correct the broken mortgage system - before the damage to home owners, banks and the US economy becomes too great.
We know that an economy built on reckless speculation, inflated home prices and maxed-out credit cards does not create lasting wealth.
More Asian collectors, who played such a huge role in this latest run-up, are also staying home, spooked by China's cooling economy.
Now, one last thing -- rebuilding our economy is essential, but obviously our prosperity at home is linked to our policies abroad.
He attributed the change to an improved economy, with the creation of entry-level jobs triggering home buying by first time homebuyers backed by support from federal housing programs.
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If the effect is to, say, halve the rate of further home-price decline, then stocks might be near the bottom right now and the economy will probably recover in 2009.
And there was no mention of legalising gay marriage, which will please some Conservative backbenchers who have criticised it as a distraction from fixing the economy, but the Home Office said it remained committed to introducing same-sex civil marriage "by the end of this Parliament" and a consultation was "still ongoing".
When our markets work, people throughout our economy benefit--Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology and businesses financing investments that create new jobs.
Stephen Roach, chief economist of Morgan Stanley Dean Witter, thinks this in turn will boost the interest-sensitive areas of the economy, such as capital investment, consumer durables and home building.
She was the sixth person I had met in a three-month period that had, in the span of a few weeks, moved here with her husband and children, bought or rented a home, furnished it, enrolled her children in schools and contributed to the once-gloomy Dubai economy.
But I think the Iraqi people can understand that, as President of the United States, if I'm putting civilians in the field in order to help the Iraqi people build their economy and improve their productivity, I want to make sure that they come home -- because they are not soldiers.
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We recognize that stay-at-home spouses have significant financial responsibilities and play an important role in the U.S. economy.
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Besides the lousy economy, part of the appeal is access to a washing machine and dryer and home-cooked meals.
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