Technology & Innovation

Chinese box office for “Captain America: The Winter Soldier” – $115.6 million.

For the year through June, “Winter Soldier” ranks fourth in Chinese box-office; “Transformers” is first, the Buddhist-classic/action-flick “Monkey King” second (a Hong Kong production drawn from the 15th-century novel) and an “X-Men” installment third. A 2008 poll done by the Chicago Council on Global Affairs, for example, found 14 percent of Chinese viewing the influence of American popular culture as ‘very positive’ and 57 percent as mainly positive. A modest 19 percent thought the influence ‘mainly negative,’ and only 4 percent ‘very negative’ .

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Global Economy

Congress carried out an unplanned tariff-hike experiment last year by letting GSP expire. China looks like the beneficiary.

The Generalized System of Preferences, known for short as “GSP,” expired on July 30th, 2013. A year of this unplanned experiment suggests results as follows: (a) smaller developing countries’ share of imports has fallen; (b) China’s share has grown, and (c) overall import trends are unchanged.

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At Home

Half of all fireworks imports arrive in May and June.

THE NUMBERS: Display fireworks* imports, 2012 – Full-year:   7,614 tons May:            1,451 tons June:            1,774 tons * Display fireworks used by professionals at 4th of July events and other major shows. Imports of “home” fireworks such as sparklers, bottle-rockets, and Roman candles totaled 83,000 tons. WHAT THEY MEAN: Washington’s most intimidating domain-name – […]

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Technology & Innovation

Chinese student enrollment in the United States has tripled in the last five years.

As this year’s last aspiring Double-E, the final ESOL enrollee, and the penultimate management trainee order their caps and gowns: 764,495 of America’s 19 million university students arrived at campus from abroad this year.
The total has grown by nearly 200,000 since 2007, and makes up about a quarter of the world’s 3 million overseas students.

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