Mending China

Article Abstract:

China faces a number of serious financial problems such as insolvent state banks and a lack of reliable borrowers. There is concern that a financial crisis in China could hit Asia as a whole, but pressure on China to devalue has eased with the recovery of the Japanese yen. Prices have also dropped in China which means that the currency does not appear overvalued. China could still devalue, but this may not have a serious impact on the region. Chinese external borrowing is less than that of South Korea.

Exchange Rates, China, Economic aspects, Currency devaluation, Devaluation (Currency), External debts

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Mending the people's car: Mexico

Article Abstract:

The proposed North American Free Trade Agreement has some US workers concerned about potential job losses to Mexico, where labor is cheaper. Mexico's labor leaders had difficulties at the Volkswagen's plant, when striking workers were locked out and forced to negotiate a rehire.

Evaluation, Labor relations, Mexico, Automobile industry, Labor disputes, Volkswagen de Mexico S.A. de C.V.

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Invisible mending: medical devices

Article Abstract:

A number of new surgical methods are being developed that require minimal invasiveness in reaching various internal organs. Keyhole surgery requires and endoscope which is flexible and requires only a small incision, and surgery is done with small, thin tools.

Usage, Innovations, Surgical technology, Endoscopic surgery

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