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...such lengths to breed pandas if the threat of extinction has eased? Harkness says national pride in the program's success and bureaucratic self-preservation are factors. There also may be an economic motive. Zoos are eager to donate money to China in exchange for the right to display pandas. In the U.S., four zoos, including the National Zoo in Washington, D.C., are each paying $10 million over a decade for their Wolong-bred bears. But Zhang denies the breeding program is aimed at raising money. He notes that the government restricts the number of overseas groups the Wolong center...

Author: /time Magazine | Title: China's Pampered Pandas | 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 »

...only one eager to educate her taste buds. "Consumers have developed very sophisticated palates either through travel or exposure," says David Kendall, principal of the Seattle brand consultancy Kendall Ross, which works with a number of wineries. "They are also more curious about the product, the producers, where it came from and how it was made." Fortunately, getting to the top of the class has never been more enjoyable...

Author: /time Magazine | Title: Thirsting for Knowledge | 2/1/2007 | See Source »

...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has increased, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese firms 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 in Hong Kong and Shanghai...

Author: /time Magazine | Title: China: China Braces For A Bubble | 2/1/2007 | See Source »

...much of his career was more famous for being a former husband of Elizabeth Taylor's than for being a Senator. Will he have the muscle to build a coalition on the most divisive issue of his time? Last November's midterm elections could help. Democrats eager to keep political momentum may accept the softer but still critical language in Warner's resolution. Late Wednesday, key Democrats joined forces with Warner. Republicans feeling the pressure of voters' anger over Iraq can support his bill under the shelter of his seniority and military expertise. Warner so far has 11 co-sponsors...

Author: /time Magazine | Title: Old Warrior in the Line of Fire | 1/31/2007 | See Source »

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