UNIT ONE 1
Text Business Cycle 1
Further Reading The Great Depression 8
UNIT TWO 11
Text The Introduction of Forbes 11
Further Reading Forbes Unveil Richest Chinese List 17
UNIT THREE 19
Text Apple May Be Holding Back the Music Biz 19
Further Reading Hollywood Hold Its Breath 25
UNIT FOUR 28
Text Foreign Auto Factories in China 28
Further Reading The Motor City 35
UNIT FIVE 37
Text For CEO Who Remade Nokia， One Bold Departure Deserves Another 37
Further Reading Nokia CEO Laments ‘an Era of Selfishness’ 45
UNIT SIX 47
Text All the Rage Since Reagan 47
Further Reading Different Shoes 54
UNIT SEVEN 56
Text Wal-Mart’s Challenge in China 56
Further Reading Wal-Mart’s Itching to Get into India， But It Won’t Be Easy 64
UNIT EIGHT 67
Text The Cat That Came Back 67
Further Reading Reebok and Adidas： A Good Fit 75
UNIT NINE 78
Text Challenges Ahead But Solid Growth in East Asia 78
Further Reading East Asia Update - China Overview 85
UNIT TEN 88
Text Development of and Prospects for China-Korea Economic Relations 88
Further Reading The Lessons from Korea’s Economic Development 95
UNIT ELEVEN 97
Text India and the Knowledge Economy 97
Further Reading What Is Knowledge？ 106
UNIT TWELVE 108
Text Saving America’s Socks， But Killing Free Trade 108
Further Reading Where the Jobs Went？ 115
UNIT THIRTEEN 117
Text Cheap Labor 117
Further Reading Is Cheap Labor an Active Factor for Economy？ 123
UNIT FOURTEEN 126
Text Putting “E” to Work 126
Further Reading Opening the E -gates for Shopping in Nepal 132
UNIT FIFTEEN 134
Text Booming America， Partying Europe 134
Further Reading Mortgage Rates in China 140