Word: asia
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Dates: during 1990-1999
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...many ways, the religiosity that has been reasserting itself in China may simply be delayed evolution. Very similar melting pots of prosperity, superstition and pious philosophy have emerged and thrived in Chinese communities uninterrupted by Mao's revolutions--in Taiwan, Singapore, Hong Kong and Southeast Asia. China of old had three competing and complementary religious traditions: Confucianism, Taoism and Buddhism. While the religions were often at odds with one another--Confucianism, for instance, is built on a base of worldly order and ancestor worship that's far different from Taoism's mystical beliefs--they have, over a long history, fused...
...fall-off in foreign investment, Asia's economic decline, the unchecked corruption allowed by a mix of private and state ownership, and major weaknesses in the country's industrial, financial and legal infrastructure all threaten China's ability to maintain the breakneck pace of economic growth necessary to absorb its burgeoning unemployed population. And that makes fear of instability the dominant motif in the thinking of China's leaders...
...second explanation is proximity. Kosovo, it is said, is a lot closer to the U.S. than is Timor. As National Security Adviser Sandy Berger put it, Kosovo is "in the middle of Europe," while East Timor is "in Asia...
...before seen in the Western Hemisphere. The Centers for Disease Control and Prevention said Monday that its review of the outbreak ?- identified at first as St. Louis encephalitis ?- has determined that at least one of the deaths was caused by the West Nile virus, found only in Africa and Asia. Like the St. Louis version, the virus is carried by birds and transfers to humans via mosquito bites. "Although it?s never been identified as a cause of disease here, that may be because it wasn?t specifically checked," says TIME medical correspondent Christine Gorman. "And, of course, encephalitis would...
...eaters. But it?s no aberration, either - the breeze of prosperity is simply blowing offshore for a while. "If you look at the chart, the U.S. stock market hasn?t really done much since April," says Baumohl. "Investors here are looking at the beginnings of a recovery in Asia and Japan, and suddenly they feel very overweighted in dollar assets." That means dollars and U.S. equities are getting dumped for yen and Japanese ones. If it keeps up, the Dow could easily dip below that vaunted 10,000 sometime this fall, but Baumohl doesn...