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...well of funding for entrepreneurs like Mao poses a danger for the entire country. As China shifts from a state-controlled economy to a free market, success will depend largely on the work of gritty local companies producing pedestrian goods and services. Small- and medium-size enterprises generate most of China's employment growth. By the government's reckoning, companies with annual revenue of less than $30 million account for more than 8 of every 10 jobs in urban China and three-quarters of the country's industrial output...

Author: /time Magazine | Title: Banking: At the Mercy Of Loan Sharks | 5/19/2003 | See Source »

...Unfortunately, it's a war that Taiwan may be losing. Elsewhere, there were strong signs last week that the SARS epidemic was running out of steam. Toronto was removed from the World Health Organization's (WHO) list of travel danger zones, and a WHO official said it appeared the disease was waning even in hard-hit Hong Kong, where the number of new infections had fallen to just a handful a day. But the fever is spiking in Taiwan. Since the Hoping Hospital outbreak, the number of SARS victims has soared from 28 to 308, a 91% increase in just...

Author: /time Magazine | Title: Fever Pitch | 5/19/2003 | See Source »

...danger of destroying his legacy as he becomes increasingly obsessed by his place in history." Clare Short, former British Cabinet minister, on Prime Minister Tony Blair, in her resignation speech before Parliament

Author: /time Magazine | Title: Verbatim | 5/19/2003 | See Source »

...several of the spaces in which students participate in these extracurricular activities are in danger of disappearing...

Author: By Rebecca D. O’brien, CRIMSON STAFF WRITER | Title: Gross Stretches to Prepare for New Roles | 5/16/2003 | See Source »

...change has come not a moment too soon for U.S. and coalition officials working on the ground in Iraq who have quietly but insistently warned of a mounting danger that the peace could be lost. The complex and treacherous game of installing a new Iraqi government was never going to be resolved quickly or easily, but there is widespread shock and anger in Baghdad that the world's greatest industrial and military power, which swept aside Saddam's regime in a matter of three weeks, has failed, a month later, to restore Baghdad's electricity supply or to secure...

Author: /time Magazine | Title: Iraq: The Transition, Reloaded | 5/16/2003 | See Source »

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