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...tension in Beijing's North Korea policy stems mainly from the fact that China prefers North Korea to exist, even in its impoverished and infuriating current form, as opposed to what it sees as the other possibility: a unified Korean peninsula that at minimum slouches toward the U.S., if it doesn't become an outright U.S. ally under Seoul's direction. Klingner says Beijing has feared a North Korean implosion for years, in the manner of East Germany, that would come with costs both economic (refugees coming across the Chinese border) as well as diplomatic (the loss of a buffer...

Author: /time Magazine | Title: China Gropes for a Response to North Korea's Nukes | 5/28/2009 | See Source »

...teams that do exist have problems of their own. The Chinese Super League, now the top-tier professional league in China, has been plagued by scandal in recent years. Despite government intervention to assign the best players to represent China at international tournaments, match-fixing, pitch violence, controversial referees and the outrageous behavior of star players have not helped professional football's fan base in China. "If you keep a record of the champion teams every year, you'll see that the players remain the same every year, only in different jerseys and representing different cities," Wang says. "That...

Author: /time Magazine | Title: In Beijing Burbs, Chinese Soccer Gets Its Game On | 5/26/2009 | See Source »

...extent, Ma is simply taking the next logical steps toward normalizing relations between two governments that technically don't recognize the other's right to exist, but which have inevitably been drawn together economically. Taiwan is a global center of IT manufacturing, and in recent years, the island's companies have for competitive reasons been compelled to open factories on the mainland, taking advantage of a liberalization of Taipei's restrictions on such investments. More than a million people from Taiwan now live in China in industrial centers near Shanghai in the east and in Guangdong province in the south...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...home state, Mecklenburg-Vorpommern, is the poorest region in Germany with a 24% poverty rate; one of the richest is the picture-postcard pretty Black Forest region, with a poverty rate of only 7.4%. According to the report, the massive gulf between rich and poor doesn't only exist between regions, but within them, too. The northern areas of the state of Bavaria have a poverty rate of 15%, more than double the 7% rate in Munich, in southern Bavaria. (Read about Merkel in the TIME...

Author: /time Magazine | Title: New Report Reveals the Depth of German Poverty | 5/25/2009 | See Source »

...flip side of the coin from the act of evaluation, however, is the act of creation. Producing things of value is just as important as evaluating things that already exist. How do you make something that you think has value? How do you give an object worth, meaning, significance? Some people learn to create monetary value (of varying degrees of reality or imaginariness—like all those recent graduates blowing hot air into the ballooning moneybags of Wall Street in the earlier part of this decade), others create social value with nonprofit work, others create artistic value through films...

Author: By Alexander B. Fabry | Title: The Value of Veritas | 5/21/2009 | See Source »

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