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...fact, it was once Indonesia that showed Asia the way out of the poorhouse. In 1980, when Deng Xiaoping was first nudging China toward the free market, Indonesia's per capita GDP was more than double China's. Throughout the 1980s and early 1990s, Indonesia's fast-growing manufacturing sector was a magnet for foreign investment, and rural development schemes were so successful that the nation became self-sufficient in rice for the first time. The government even had ambitions to build commercial jets and cars. But since the 1997 Asian financial crisis, Indonesia has been virtually marching in place...

Author: /time Magazine | Title: What's Holding Indonesia Back? | 9/11/2008 | See Source »

...Still, experts give the Chinese government credit for making disability a political priority. Deng Xiaoping's son Deng Pufang, who was paralyzed after Red Guards threw him off a building during the Cultural Revolution, heads the China Disabled Persons Federation, offering a respected voice for the needs of the disabled. Ahead of the Paralympics, extensive investment went into upgrading Beijing's infrastructure. Lifts were added to the subway system, special taxis built for easier boarding by wheelchair users roam the streets, and Beijing's main airport was outfitted with $1.7 million worth of ramps, handicapped bathrooms and Braille signs, according...

Author: /time Magazine | Title: China's Disabled: Going for Gold | 9/11/2008 | See Source »

...past the Party has taken big gambles at moments like these. It had to in order to survive. When China's economy lay in ruins after the Cultural Revolution, Deng Xiaoping abandoned orthodoxy to initiate sweeping economic reforms. His successor, Jiang Zemin, placed some big bets of his own: joining the World Trade Organization, allowing businessmen to become members of the Party, pushing the economic opening of the country with near-reckless vigor...

Author: /time Magazine | Title: Mission Accomplished. Now What? | 8/28/2008 | See Source »

After Mao Zedong's death in 1976, Hua Guofeng succeeded Mao as chairman of China's Communist Party. Though Hua's tenure at the head of the party was short-lived--he was all but powerless by 1978 and was formally replaced by the more radical Deng Xiaoping in 1981--it was his administration that brought an end to the violence of China's decade-long Cultural Revolution by arresting the extreme leftist Gang of Four, including Mao's widow...

Author: /time Magazine | Title: Milestones | 8/21/2008 | See Source »

...elegant CEO/spouse, hosted 1,000 of their closest friends. Robin Li, the young CEO of Baidu, China's Google, was there. So, too, was Chao Yang, one of the smartest young bankers in Beijing, and his wife Li Yifei, who for years ran Viacom China for Sumner Redstone; Wendi Deng and her older husband - a guy named Murdoch... As at Jianfu, the list went on. Movie stars (Maggie Cheung); models, foreign media big shots - this was a celebration of the Next China, at an event, the Beijing Olympics, that will forever demarcate past from future in this country...

Author: /time Magazine | Title: Beijing's Dinners and Revolutions | 8/10/2008 | See Source »

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