After all, the history of foreign investment in China is now entering its fourth decade, while the history of Chinese companies doing business abroad is only now being written.
In fact, the Fed now faces the hardest choices in its history.
Let me begin by asking, what will historians say about our era when they write its history 300 years from now?
WHITEHOUSE: The U.S.-India Economic Relationship in the 21st Century
Although the army has ruled Pakistan for almost half of its history, the country now has a freely elected government and a civilian judiciary.
Now, for only the second time in its history, the Phillips Collection is dedicating another space for permanent residence, and Rothko has a lot to do with it.
WSJ: A Collaboration of Bees and Man: The Phillips Collection at the Laib Wax Room
Now, for the first time in its illustrious history, Kiton is delivering an exclusive collection geared towards the full and eventful lives of women who demand the height of luxury and sophisticated appeal.
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What we see right now is that, for the first time in its history, Buffett is buying his own stock back.
The most prominent beneficiary, though, is Williamsburg, with its nicely industrial history centred on the now-closed Schaeffer brewery, sugar refineries and the docks.
They will lead the National Commission on the BP oil spill in the Gulf, which is now the greatest environmental disaster of its kind in our history.
WHITEHOUSE: A Full and Vigorous Accounting of the BP Oil Spill
But that could soon change: Dozens of states are considering whether to jettison the GED, which is now going through the biggest overhaul in its 70-year history, and many are already hunting for alternatives among a growing list of new competitors.
There are now more bookshops in the city than at any other time in its history, according to Steve Wasserman, the editor of the Los Angeles Times book review.
Right now there is a lot more dread about drugs that will lose patent protection than there is excitement about the company's experimental medicines, even though Pfizer is now testing 47 midstage compounds, more than at any other time in its history.
Do we want to look back decades from now and recognize that at this critical juncture in history, America, through its inaction, cemented its future on the dust heap of former world powers, including the Roman, Ottoman, British or Soviet empires?
FORBES: Hurricanes Drive Home Appeal Of Alternative Energy Sources
Now a new pilgrim pope promises to lead the church into the next phase of its history, a phase that threatens to be more perilous even than the past century.
Although "apartheid" is now a familiar term in much of the world, a few brief details of its history seem necessary to explain its grotesque impact on the life of Ruth Khumalo as well as on her children and their children, including the boy.
The Chennai Super Kings team has twice won the IPL, now in its sixth year, and is one of the most successful sides in T20 cricket history.
Vogue Australia has featured Oscar-winning actresses, princesses and supermodels on its front covers, but now for the first time in the magazine's 53-year history it will be a four-legged beauty looking out from the publication's most important page.
Now the company is further into the red on diesel than it has been for any other technology in its history.
Addressing the ceremony on Bernauer Street, famously divided by the Wall and now site of a memorial, Mayor Wowereit said the capital was remembering the "saddest day in its recent history".
There is some history of SNP representation - its predecessor seat East Dunbartonshire was held by Margaret Bain (now Margaret Ewing) from October 1974 to 1979, but the SNP was in third place behind the Conservatives in 1997.
BBC: NEWS | VOTE 2001 | RESULTS & CONSTITUENCIES | Strathkelvin & Bearsden
Now, what is also true is that each country in this interconnected world has its own culture and its own history and its own traditions.
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