day after day on US Medias, criticizing Japanese workmanship had disappeared. Even US congress put pressure on Toyota, hoping it will help US automobile industry bring back its position on the market. This entire incident was call Toyota Recall Crisis, and Toyota, which had a dominant position on the automobile market, lost its power and allowed other companies, Hyundai and GM, to catch up.
in reserve, based on earlier announcements made by the bank. The move comes one day after the government said the country's consumer price index rose 5.3 per cent year on year in April - a slight easing from March but well above Beijing's official four percent target for 2011.
Even though it is one of the pillar industries of China, real estate does not only have economic impact but also far
in China. China saw Lee’s visit as an extension of his “vacation diplomacy ” an endeavor to increase Taiwan’s visibility and status in the international arena through unofficial visits to various countries. China also felt betrayed by the U.S., who publicly supported the One-China policy since the two countries normalized relations in 1972.
Beijing reacted by taking both diplomatic and m
I. Executive summary
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Recently, a short video image on Youtube made south Korean shocked for the past week. It is about a senior couple’s tragic car accident that is now getting government attention.Sudden unintended acceleration has happened many times in Korea. But Hyundai, dominated car manufacturer, said that most reasons of problem are caused deriver’s
in economic aspect. Also, with a 10% of growth rate (annually) they have been actively investing in education and technology to maintain their growth. These efforts have been successfully going on and this is crucial for china’s future development as well. In addition, China is continuously catching up the United States’ economy which is a current hegemonic leader. In political sense, since b