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...Democracy can't be imposed on a nation, however; it must evolve to take root and endure. China has come a long way from the feudal regime it was only 100 years ago, and it will reach democracy on its own terms. China's strategy to meet its demand for natural resources is peaceful. Fierce competition for natural resources does not preclude international cooperation. Maybe China will align its strategies with the U.S.'s if the U.S. stops interfering in China's internal affairs and starts looking for common goals such as world peace and prosperity. Christina Feng Malvern, Pennsylvania...

Author: /time Magazine | Title: Letters | 2/1/2007 | See Source »

...Beijing may have good reason to apply the brakes. In frothy markets, investors tend to form unrealistic expectations about companies' prospects because they buy into an ill-founded theme, whether it be consumer demand for tulip bulbs or, in this case, the notion that China's economic growth is boundless. David Webb, an independent investor based in Hong Kong, says that's what's happening with many China stocks. "Once you get past the hubbub, the fundamentals behind these prices just aren't there," Webb says...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble of the late 1990s. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has intensified, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese companies raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

...specialized first in platform gaming exclusively, holding contests and establishing official rankings. In addition to being shown on USA, MLG matches are televised on Comcast's on-demand service as well as on the MLG website. But more important, MLG landed some big corporate fish as sponsors, including Boost Mobile, Toyota and Gamestop. That made the prize pool big enough to allow many gamers to quit their...

Author: /time Magazine | Title: Tiger. Jordan. Hawk. Wendel? | 2/1/2007 | See Source »

...Land, the company behind Broadgate Tower, isn't worried. "We're coming to market at the optimum time," he says, as he prepares to sign up some of the legions of investment bankers, corporate lawyers and fund managers that make the City their home. The reason he's bullish? Demand for office space is tied to the health of London's financial-services sector and, by many measures, the City has never been fitter. The U.K. financial sector contributed 3.5% of Britain's gdp in 2005, a leap from 2.4% in 2000. "You can sense growth taking place," Burgess says...

Author: /time Magazine | Title: The New Capital of Capital | 1/31/2007 | See Source »

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