More for less

Article Abstract:

Asian Development Bank (ADB) is being criticized for showing greater interest in its own concerns than in making loans to help poor nations grow. In addition, the US, which is the ADB's largest shareholder, has complained about the shabby performance of many ADB-funded projects. The Clinton administration has continued the hostility of its Republican predecessors by coming out against the ADB's request to increase its authorized capital to $46 billion. Japan, ADB's second-largest shareholder, is bound to clash with the US since it supports the increased capital.

International aspects, Economic assistance, Foreign economic assistance, Asia, Asian Development Bank (Manila, Philippines)

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Cool breeze

Article Abstract:

Guangdong Kelon Electrical Holding is expected to list its shares on the Hong Kong Stock Exchange beginning in Jul 1996 pending anticipated approvals. The addition will be welcome because unlike most Chinese companies recently listed on the Hong Kong Exchange, Kelon is profitable, well-run and independent. Kelon is the largest manufacturer of refrigerators in China and has technology agreements with foreign companies including Leibherr and Sanyo Electric.

Refrigerators, Household Refrigerator and Home Freezer Manufacturing, Household refrigerators and freezers, Stock-exchange, Stock exchanges, Securities, Refrigeration equipment, Stock Exchange of Hong Kong Ltd., Guangdong Kelon Electrical Holding, AEH

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Traveller's tales

Article Abstract:

The international and non-political aspects of New York are best portrayed on Marathon Sunday. People from different communities and nationalities enter the annual marathon. The route takes competitors through a variety of neighborhoods which bring out the different social and ethnic characteristics of New York's inhabitants. The November 1992 race was a reminder of the severe economic recession the country has been facing.

Social aspects, New York, New York, New York, Marathon running

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