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What's in a number? If it's $586 billion - about 20% of China's GDP in the first three quarters of 2008 and the size of a giant economic-stimulus plan for just the next two years - then the number is a figure of considerable value, real as well...

Author: /time Magazine | Title: The Moment | 11/13/2008 | See Source »

For years the Chinese people have been willing to put up with an authoritarian government so long as it generated jobs and opportunities. Now, with the economy slowing, growth needs to be maintained, goes conventional wisdom, at a minimum of about 8% - in part to forestall the labor unrest that...

Author: /time Magazine | Title: The Moment | 11/13/2008 | See Source »

SPL in Changzhou says it relies on two companies--its joint-venture partner, Changzhou Techpool, as well as a Hangzhou-based firm, Ruihua Biomedical Products Co.--to buy its crude heparin. Strunce has described them as meticulous in ensuring the quality of the crude heparin they buy for SPL. But...

Author: /time Magazine | Title: Heparin's Deadly Side Effects | 11/13/2008 | See Source »

Working with Baxter, the FDA devised a test that now identifies OSCS in heparin. The FDA will deploy eight full-time staffers in China, including four inspectors and a senior technical expert in foods, medicines and medical devices. And working with its counterpart agency in Beijing--which FDA commissioner Andrew...

Author: /time Magazine | Title: Heparin's Deadly Side Effects | 11/13/2008 | See Source »

Except for the soft hydraulic whir of expectations being raised, the first week of the Obama transition was a quiet one. Indeed, the big news came from neither Chicago nor Washington but from Detroit and Beijing. In Detroit, General Motors - the stupendously clueless automaker - begged for a bailout lest it...

Author: /time Magazine | Title: What a New Energy Economy Might Look Like | 11/13/2008 | See Source »

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