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...President Bush] is in Sydney now, and this will be a topic of discussion, with Association of Southeast Asian Nations, and with President Hu of China, and, well, everyone that's there at APEC...

Author: /time Magazine | Title: Laura Bush's Burmese Crusade | 9/5/2007 | See Source »

...Critics say APEC's successes are vague and its influence fading. Former Australian P.M. Paul Keating, who helped convene the first leaders' summit in 1993, has slammed APEC as "a talk shop of debatable output." The region has other forums, notably the 16-member East Asian Summit. But, says HSBC's Edwards, only APEC "includes both China and the U.S. and all the economies that have most to lose if their relationship broke down. There are all sorts of points of tension between the two that can be modulated by the diplomacy of the others." With many members allied with...

Author: /time Magazine | Title: Talking Shop | 8/31/2007 | See Source »

...Mekong is not so unyielding these days. In 2001, Chinese crews, brought in by Southeast Asian governments eager to increase traffic and trade, began blasting and dredging a stretch of the river running from Burma and Laos to Thailand, clearing away islands, reefs and rapids that once blocked the passage of ships. Since then, sleepy Southeast Asian river ports have morphed into boomtowns, with boats from China disgorging cheap electronics, fruits, vegetables and every kind of plastic gadget imaginable. River traffic runs both ways: in December 2006, the first shipment of refined oil chugged up the Mekong bound for energy...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

...well as the capital's main park and the National Cultural Hall, were all built with money given to the city by the Beijing government. More than 3,000 Chinese laborers are also busy constructing a national stadium, the centerpiece of Laos' debut as host of the 2009 Southeast Asian Games. "Laos is profiting from China's own development path," says Sun Lei, the president of the Lao-China Business Association and owner of the Mekong Hotel in downtown Vientiane. "Without China's help and advice, Laos would be much more backward...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

...giant A380 in 2000, when it was still called the A3XX program. Boeing initially parried with plans for the Sonic Cruiser, to travel nearly the speed of sound, or 20% faster than the Mach 0.85 of conventional jets. "It would have been great for North American, European and Asian markets, but it would have entailed higher operating costs and higher fuel burn," says Neidl. Airlines, racked by higher fuel costs, needed relief. So the company changed course to what is now a 20% more fuel-efficient jet (compared to a 767-300ER), the 787--or what Boeing nicknamed...

Author: /time Magazine | Title: How Boeing Got Going | 8/30/2007 | See Source »

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