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...Today, with Capital M without question one of the essential spots for visitors to Beijing and its initial teething problems seemingly solved, Garnaut says she is slowly relaxing and possibly even thinking about further projects in China. They will no doubt produce their own uniquely Chinese challenges, but Garnaut reckons she is ready. "I'm creative, but I am also tenacious," she says. Words to live by for anyone doing business in China...

Author: /time Magazine | Title: The M in Stamina | 2/22/2010 | See Source »

...have to hand it the folks at China's Foreign Ministry. As well as anyone on the planet, they have learned over the years how to craft sentences that reach the summit of diplomatic obfuscation. So it was on Feb. 6, when the Foreign Minister representing this century's ascendant power addressed a gathering that's a blast from the past: the Munich Security Conference, a 46-year-old annual gabfest that used to be populated by Western Europeans and Americans obsessed with plugging the Fulda Gap. Foreign Minister Yang Jiechi was there this year, and he knew there...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

...world's nuclear standoff with Iran is ratcheting ever upward. On Feb. 8, Iranian President Mahmoud Ahmadinejad (no diplomat he) matter-of-factly announced that Iran would soon begin enriching uranium for use in a "medical reactor." That means China will have to answer the central question that confronts it, which was embedded within Yang's diplo-speak: What actually is China's long-term interest in Iran? (See the top 10 Ahmadinejad-isms...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

...Taiwan is one. Another - a recent product of its economic surge - is long-term access to the oil, gas and minerals needed to fuel the country's growth for decades to come. Iran, from whom Beijing now buys a tick over 400,000 barrels a day (about 14% of China's total oil imports), is clearly part of that future. But U.S. Secretary of State Hillary Clinton recently called out Beijing in public to get off the fence and sign on to new, tougher sanctions against Tehran at the U.N. In so doing, she used China's dependence...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

...Beijing has already decided, apparently, that a North Korea with nukes is less destabilizing than a North Korea in chaos, with tens of thousands of impoverished souls pouring across its border into China. But Beijing knows no one is going to attack North Korea - knows that in its heart and soul. It knows no such thing about Iran. Prior to Barack Obama's summit meeting with Hu Jintao last year, two U.S. diplomats quietly slipped into Beijing and, in secret, reinforced the obvious: There's this other country in the region called Israel and, well, we're just not sure...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

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