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...incestuous, trend-conscious world of international art collectors and the hot money of the hundreds of new millionaires that China's boom has created come together, it could push prices for Chinese art to even more dizzying levels. "You are already seeing works that sold for a few thousand dollars being bought for $50,000, $60,000, $70,000," says artist and Beijing gallery director Zhao Gang. "And right now there's no end in sight." He cites the case of Zeng Fanzhi, until recently a relatively unknown artist. "Two years ago, I was selling his work...

Author: /time Magazine | Title: The Great China Sale | 12/17/2006 | See Source »

...demise amid civil war and genocide not two decades later. Taking seven years of research to complete, and packed with rare photographs and illustrations, the 334-page hardback pays tribute to this remarkable cultural interlude when King Norodom Sihanouk abdicated the throne to personally oversee a 17-year construction boom. Implausible as it may seem amid today's frenetic construction of soulless apartment blocks and shopping centers, Phnom Penh was dubbed the "belle of Southeast Asia" in the 1960s, its buildings blending Le Corbusier-style functionalism with Cambodian artistic traditions. No other country in the region could then claim architectural...

Author: /time Magazine | Title: Best Asian Books of 2006 | 12/16/2006 | See Source »

...Golden Triangle, where guests learn how to interact with elephants. Paris-based shoe designer Christian Louboutin likes to escape to a house he built on the Nile in Luxor, Egypt. New York City--based wunderkind designer Zac Posen recently ventured to Istanbul (a city currently experiencing a major luxury boom) to collaborate on a special clothing collection for the Turkish luxury-goods company Vakko...

Author: /time Magazine | Title: New Horizons | 12/6/2006 | See Source »

...potential is huge: university education is a rare privilege in the world's second most populous nation. Fewer than 17 million out of India's 1.2 billion people have been lucky enough to study past high school. And India needs educated workers. Despite its economic boom and massive young population, India faces a serious skills shortage. Wage rates are growing by 20% a year, sometimes more, as Indian companies battle to attract educated workers. It helps that as opportunities at home improve, more students are deciding to return to India after their studies abroad. But if the world's universities...

Author: /time Magazine | Title: India's Education Crisis 101 | 12/5/2006 | See Source »

...boom of fireworks and the blare of high-volume slogans from a pair of loudspeaker trucks, Chen Chu storms into the Chukuang Market. Her curly afro is clearly visible in front of her two dozen supporters as she plows past the rows of parked scooters, the squid cooking on outdoor grills, and the children riding in circles on a miniature electric train. Chen, 56, a veteran activist and former political prisoner, is running for mayor of Taiwan's second-largest city, Kaohsiung - and tonight she appears intent on shaking the hand of every hotpot eater, bra seller and pachinko player...

Author: /time Magazine | Title: Welcome to Taiwan's Swing City | 12/1/2006 | See Source »

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