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But since March, when Taiwanese elected Ma Ying-jeou as President, China and Taiwan relations have been improving. Case in point: on June 13, a landmark agreement was reached in Beijing that clears the way for direct chartered flights to the island and back every weekend - and businessmen keen on...

Author: /time Magazine | Title: China and Taiwan's Plane Diplomacy | 6/13/2008 | See Source »

Then there are the less honorable methods China has used to cultivate sporting success. Just before the Sydney Games, when antidoping officials announced they would be administering a new test for the synthetic endurance booster erythropoietin, the Chinese Olympic squad was suddenly pruned about 10%. Six years earlier, at the...

Author: /time Magazine | Title: China's Sports School: Crazy for Gold | 6/12/2008 | See Source »

The last thing the Chinese government wants is a doping scandal on home soil. About $20 billion is being spent on Olympics-related preparations. But even though seven years of Olympics priming has only heightened Chinese hopes for domination, sports officials in recent weeks have scaled back expectations of a...

Author: /time Magazine | Title: China's Sports School: Crazy for Gold | 6/12/2008 | See Source »

Since Athens, Liu has been marketed as a national hero, but sports officials have taken a chunk of his advertising revenues as payback for developing his career. Although the Shanghai native's famous grin beams from thousands of billboards across China, he appears less cheery these days. He has been...

Author: /time Magazine | Title: China's Sports School: Crazy for Gold | 6/12/2008 | See Source »

The global-warming debate has introduced some new catchphrases into the business lexicon. Becoming carbon neutral, for example, is now a goal for multinationals like Dell, HSBC and Tesco. But for another well-known international brand, becoming carbon neutral isn't enough. Last June, Coca-Cola CEO Neville Isdell flew...

Author: /time Magazine | Title: Water Pressure | 6/12/2008 | See Source »

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