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When Li Ning first came to the American West, he shocked the world by winning six Olympic medals in gymnastics - three of them gold - during the 1984 Los Angeles Games. Prior to 1984, the People's Republic had never even won an Olympic medal, and Li Ning was China's undisputed star of the L.A. Games, becoming an instant Chinese sports legend...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

...Even if most Americans don't know the Li Ning name yet, many will remember the man. After his historic 1984 performance, the tycoon leaped back into the Olympic spotlight - literally - during the opening ceremony at the 2008 Beijing Games. Suspended by cables, Li soared into the air and ran a slow-motion aerial lap around the Bird's Nest before lighting the Olympic cauldron in front of an estimated 4 billion television viewers - much to the annoyance of Adidas, which had spent some $80 million to sponsor the Games. (See pictures of the Beijing Olympics opening ceremonies...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

...Israel in East Jerusalem as "illegal." Israel's claims on the parts of the city it captured in 1967 are not internationally recognized, and Netanyahu's claim that Jerusalem is Israel's capital is called into question by the fact that no country has its embassy in the city. Even Netanyahu's immediate predecessor, former Prime Minister Ehud Olmert, said on the eve of his departure from office in late 2008 that in order to achieve peace, Israel would have to "withdraw from almost all of the territories [occupied in 1967], including in East Jerusalem." (See pictures of Israel...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

...Washington, Netanyahu reportedly talked with Obama for some 90 minutes on Tuesday evening, then sequestered himself in a different room in the White House with his advisers for another hour and a half before holding a second half-hour meeting with the President at the Israelis' request. But even that failed to bridge the gap between the two sides over what would constitute an acceptable approach to restarting the peace process, and the Israeli leader remained in Washington Wednesday as aides from both sides worked on the issue. The Administration clearly fears that the hard-line position staked...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

...likely is that to happen? Not very, according to media reports in France. French newspapers and television news channels said Sarkozy's address meant the carbon tax was "dead and buried" - most of all because of the high improbability of all 27 E.U. members voting in an identical measure. Even Sarkozy's own allies are questioning the President's logic. "If we wait for Europe to make a decision, the carbon tax will be put off indefinitely," lamented Sarkozy's Secretary of State for Ecology Chantal Jouanno in the daily Libération Thursday. "I despair this stand-down...

Author: /time Magazine | Title: Why Sarkozy Dropped His Beloved Carbon Tax | 3/25/2010 | See Source »

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