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...YOUR HEART OUT, DONALD...

Author: /time Magazine | Title: Changing the Game in China | 6/20/2005 | See Source »

...would think that China's Donald Trump would be an ex-People's Liberation Army soldier who majored in drainage at the Lanzhou Railroad College? But Wang Shi, who made a spectacular decision in 1984 when he moved to a tiny backwater called Shenzhen, is the country's most successful real estate mogul. He heeded Deng Xiaoping's call to explore the virtues of capitalism, starting a trading company that moved everything from copy machines to the odd crate of shellfish. Although private property was still a dirty word in communist China, in 1993 Wang invested in real estate...

Author: /time Magazine | Title: Changing the Game in China | 6/20/2005 | See Source »

...Bush Administration, there are signs of dissonance on how to deal with China. "We have the best relations [with China] that we've had in some time--perhaps ever," said Secretary of State Condoleezza Rice on her recent tour of Asia. Yet on June 4 in Singapore, Defense Secretary Donald Rumsfeld made headlines with a hawkish speech, asserting that "China's defense expenditures are much higher than Chinese officials have published." Rumsfeld continued, "Since no nation threatens China ... why these continuing large and expanding arms purchases? Why these continuing robust deployments?" The next day, Rice tried to square the circle...

Author: /time Magazine | Title: Small World, Big Stakes | 6/20/2005 | See Source »

...CHOSEN. DONALD TSANG, 60, bow tie-donning top civil servant; as Hong Kong's next Chief Executive, by an 800-member Election Committee; in Hong Kong. Tsang, the son of a policeman, secured nominations from more than 700 of the delegates, precluding the need for a formal vote. He takes his oath in Beijing this week and will then complete the remaining two years of the second term of former Chief Executive Tung Chee-hwa, who resigned in March...

Author: /time Magazine | Title: Milestones | 6/20/2005 | See Source »

...unlikely new executive of an institution focused on improving living standards in the developing world, he is racing to get up to speed on everything from the price of coffee beans in Rwanda to the salaries of schoolteachers in Brazil. Having served four years as Donald Rumsfeld's hawkish deputy at the Pentagon, Wolfowitz suddenly finds himself on the front line of another war: the global battle against poverty, a cause that has lately attracted Hollywood's interest but whose details are anything but glamorous. And so it wasn't entirely surprising that on a four-country swing through Africa...

Author: /time Magazine | Title: The Other Side Of Paul Wolfowitz | 6/19/2005 | See Source »

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