Because polyester makes up a huge chunk of the global fiber market, recycling it is gentler on the environment than producing brand-new polyester.
When Jacopo Etro traveled to Lijiang in southwestern China's Yunnan province some 15 years ago, the city was so underdeveloped that the hotel where he stayed had rain pouring in the lobby through an unrepaired roof.
Wang Xiaolu believes the latest economic data provides evidence the Chinese economy is rebalancing.
StarTimes, the pay TV operator, recently tempted subscribers in Nigeria with a very enticing offer.
Zhang Min would be very happy to be able to buy a 250-milliliter bottle of Spanish olive oil for what he pays for a 2,500-milliliter bottle of peanut oil.
It is something countless British technology startups face: in a tightened economy, despite insisting they expect their revenue to grow quickly, the chances of getting sufficient funding are slim.
"I think there is little question that rebalancing is happening. It was always going to happen in my view. The only questions were how and how quickly."
Edmund Phelps firmly believes China needs to innovate more if its economy is to progress to the next stage of development.
Trust the Germans to come up with the goods when it comes to technology and engineering, and the marketing item. The country that brought us "Das Auto" and "Vorsprung durch Technik" (Progress through technology) has now introduced to the world "Industry 4.0". That is the moniker the German government has adopted to describe the mass computerization and mechanization of traditional industries, which some are calling the fourth industrial revolution.
China's economic growth recovered slightly in the second quarter to reach 7.5 percent, a strong indication that the world's second-largest economy has been stabilizing after it dipped to a multi-year low of 7.4 percent in the first quarter.
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