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...China the question is critically important. The country's financial markets are a work in progress. They are more open than they were a decade ago, when the Asian crisis rocked global markets, but they are still nowhere near as sophisticated, nor as liquid, as Chinese policymakers would someday like them to be. The value of China's currency, the renminbi, is still basically controlled by the government. There are strict limits on how much Chinese citizens can legally invest abroad. There are trade barriers on what businesses foreign banks can go into inside China. And there are no derivatives...

Author: /time Magazine | Title: China Stays Its Capitalist Course | 10/28/2008 | See Source »

...with their pitch of a new “wireless mesh technology” that would bring cheaper Internet access to the people of China. The technology that the team plans to establish in China was developed at MIT and has not yet been used in the Asian country. “Internet access is the great equalizer, and China realizes that,” Navarro said after the winners were announced. “China is already investing billions to bring free Internet access to the Chinese people, and our system can reduce the costs by over 90 percent...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Junior Wins i3 Challenge | 10/27/2008 | See Source »

...plunge, high gas prices and highway congestion topped the list of concerns for those commuting to Washington or the northern Virginia cities of Arlington and Alexandria. This is the new face of Virginia - and the South - one where white working-class voters are being replaced by booming Hispanic and Asian populations and white college students outnumber white seniors 21% to 13%, according to a new Brookings Institution study...

Author: /time Magazine | Title: Why the New Virginia Is Leaning Toward Obama | 10/27/2008 | See Source »

...what it used to be," said University of Houston political scientists Richard Murray. Since 2006, when DeLay abandoned his seat, a large number of middle class African Americans, Latinos, and Asian Americans have moved into the 22nd's growing suburban areas southwest of Houston, around DeLay's old home base, Sugarland. Murray said. Asians, many of them professional and small businessowners with roots in India and Vietnam, are becoming an important force in local elections, particularly in Fort Bend County, the heart of the district where the sugar fields are giving way to suburban growth. Asian political participation has grown...

Author: /time Magazine | Title: Races to Watch: A Texas Dem Tries to Keep DeLay's Seat | 10/27/2008 | See Source »

...Olson also has some clout in South Asian circles-his old boss Senator Cornyn founded the India Caucus in the Senate and is well-regarded by the district's Indian-American voters. Olson's pitch to voters emphasizes "a new generation of conservative leadership" for the district and his platform includes conservative stands on family and faith issues, low taxes and and cuts in government spending that have some appeal to small businessowners. However, one longtime commentator and analyst of Texas politics, Harvey Kronberg, editor of the Quorum Report, an Austin-based political newsletter, said he has never seen Democrats...

Author: /time Magazine | Title: Races to Watch: A Texas Dem Tries to Keep DeLay's Seat | 10/27/2008 | See Source »

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