Word: capitalistically
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Dates: during 2000-2009
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That's a simplistic, if inaccurate, charge. Yet those historical grievances, says Peruvian economist Hernando de Soto, are something foreign investors have too quickly forgotten--not just in Peru but throughout Latin America, where politics are turning sharply leftward after the capitalist reforms of the '90s left more of the region in poverty...
...three decades, "One China," and the inexorable shift towards opening the Chinese economy to the West following the death of Mao Zedong in 1976, began to change the terms of the relationship between Beijing, Taipei and Washington. Where Chiang had once represented the authoritarian strongman presiding over a booming capitalist economy offering low-cost manufactured goods to the U.S. market and raising the living standards of its people, today that role has been usurped on the mainland by the Chinese Communist Party. The tension across the Taiwan Strait remains high, but its terms have changed. Today, Beijing's claim...
...epic political contest that defined Madame Chiang's life has turned a page: the Communists in Beijing have taken the capitalist road and the Taiwanese electorate has eschewed Chiang's nationalism in favor of its own brand, which seeks to break away from Beijing rather than reconquer...
...international stage, Beijing seems to be backing up its claim to the mandate of heaven by going there. Of late, China has shown its global power by nudging North Korea into negotiations to end its nuclear-weapons program, attending a Group of Eight meeting of the world's capitalist powers and leading the developing world to demand more benefits from the World Trade Organization in September. Now comes a space effort designed to generate national pride and display the country's vigor. Along the way, Beijing will pick up military technology and, no doubt, some catchy consumer items to match...
Meanwhile, China's new entrepreneurs are focusing, in true capitalist fashion, on how to exploit space travel for a quick buck. Stamps bearing the Shenzhou image have become collectors' items, and the Jianlibao company promotes its sports drinks with pictures of an astronaut. Several companies even applied to put their corporate logos on the side of the spacecraft for its first manned launch. Beijing declined, perhaps feeling that Shenzhou is its own best...