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Now it is China's turn to show it's no pushover. In the G-20 run-up, Zhou Xiaochuan, China's central bank governor, published a paper suggesting that alternative global currencies, like Special Drawing Rights - a unit of exchange used by the International Monetary Fund - be considered to...

Author: /time Magazine | Title: China Takes a Small Step Away from the Dollar | 4/6/2009 | See Source »

The Tianyu Natural History Museum doesn't look like the repository of a scientific treasure trove. A nondescript brick building in Pingyi, a secluded town 430 miles (692 km) southwest of Beijing, its doors are guarded by two groggy security guards who spend their day flipping through newspapers and sipping...

Author: /time Magazine | Title: China's Dinosaur Fossils: Vast, but Are They Real? | 4/5/2009 | See Source »

The best Obama can hope for now is to get North Korea to return to the six-party talks (hosted by Beijing and including South Korea, Japan and Russia.) Washington has tried to signal Pyongyang in advance of the launch that it was still interested in talking, "because," says one...

Author: /time Magazine | Title: Despite Warnings, North Korea Launches Rocket | 4/5/2009 | See Source »

With reporting by Yang Lin / Beijing, Coco Masters / Tokyo, Madhur Singh / Delhi, and Natalie Tso / Taipei

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

Government suasion is particularly strong in China, where the global economic crisis has led to the closure of 7.5% of the country's small and mid-size companies since the end of 2008. In February, the central government's powerful State Council ordered companies throughout the country to notify local...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

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