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...pretense that we are secular, perhaps we can rid our foreign policy of one of its greatest hypocrisies. Furthermore, if we stop fervently brandishing secular democracy abroad, we can make more friends and fewer foes. Resentment of American foreign dominance will be tempered if we do not try to export, or impose, what we do not have ourselves—a strictly secular democracy...

Author: By Nafees A. Syed | Title: In God We Trust | 3/10/2009 | See Source »

...term spending enough to mitigate steep declines in global trade. "The idea that China will be helping the rest of the world is a myth," says Ben Simpfendorfer, a Hong Kong-based China economist for the Royal Bank of Scotland. "Almost half of what it imports is related to export processing. A large share of the remainder is commodities. It imports little for its own consumption. That befits its status as the world's largest manufacturing center...

Author: /time Magazine | Title: China Won't Ride to World's Economic Rescue | 3/6/2009 | See Source »

...China needs to balance export-led growth with a stronger domestic economy grounded by greater consumer spending. Two things need to happen: real incomes need to grow for all Chinese consumers (not just those working in urban areas). And consumers have to feel secure enough to spend more of what they make, rather than hoard...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

...drug war." Like most Latin leaders, Lula wants Obama to lift the U.S. trade embargo against Cuba. And he is keen (he may be disappointed) to see the U.S. throw its weight behind a last effort to save the Doha round of world trade talks, which could offer farm-export nations such as Brazil new opportunities...

Author: /time Magazine | Title: The One Country That Might Avoid Recession Is... | 3/5/2009 | See Source »

...other largest polluters to act decisively to cut down on CO2 emissions. As the industrial power of the 21st century, China recognizes that segueing into more environmentally sustainable growth is not only crucial to its internal development but also has great potential of becoming a major export market...

Author: By Clay A. Dumas | Title: Hillary Goes to China | 3/4/2009 | See Source »

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