USAToday, Dec.15, 09 page 4B: GM sells some Saab assets to No. 5 carmake in China:
Shanghai - Beijing Auto Industry Holding Co. (BAIC) has acquired Saab unit as part of a push to develop its own brand name cars.
BAIC is joining Geely Auto Group and others in chasing Western brands to take advantage of a steep global industry downturn. Most Chinese auto such as Volkswagon and Toyota focused on the low end,as inexpensive as $4,400. Sounds good? Buy one in China?
The Washington Times Dec.15,09 on page A2:
Americans live longer for advances in medical care stretching out life spans.
Researchers say Americans may live as much as 8 years longer than government forecasts by 2050. For example, if a person is 84 in 2010, such person will live to be 124 by 2050 plus 8 to be 132 years old if such research is not incorrect?! Let us wait and see the oldest guy!?
Accordingly,folks in USA would "maximize and optimize" medicare and social security benefits as students of applied economics. (sic) But Uncle Sam has to pay out for such deserving person!
PageA3: US Red Ink(debt) flirts with crisis,panel warns... Red signifies Good Luck in Chinese culture!
Hehehahahoho all the way and we strive to be epi-centenarisns,indeed!
Francis Shieh aka Xie Shihao, a lifelong student of applied economics and a disciple of Mark Twain on Tuesday, December 15, 2009 at 12.16 p.m.
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