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...This kind of exuberant consumer behavior helps to explain why China has powered through the global recession with only limited damage. Local officials expect Xi'an's gross domestic product to surge 13.5% in 2009, far faster than the central government's 8% target for the national economy. Even more importantly, the thriving economy in this city of 8 million lends hope that China might be able to complete its next great economic transformation. China has come to depend too much upon exports and investment for growth. What's needed is economic rebalancing, so that domestic consumption contributes more...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...manufacturing panels. Though the results can be utilized in factories anywhere, the center is directed to a great degree at expanding the company's business within China. "China is where all the customers are," says Charles Gay, president of the company's solar-power division. "The business is growing faster here than anywhere else on the planet...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...your research, you found vestiges of this warped way of thinking in an unexpectedly modern setting: school shootings. Pekka-Eric Auvinen, a Finnish schoolboy who murdered eight people at his high school in November 2007, wrote on his blog that "stupid, weak-minded people are reproducing ... faster than the intelligent, strong-minded" ones. Auvinen thought through the philosophical implications of Darwin's work and came to the conclusion that human life is like every other type of animal life: it has no extraordinary value. The Columbine killers made similar arguments. One of the shooters, Eric Harris, wore a "Natural Selection...

Author: /time Magazine | Title: The Dark Side of Darwin's Legacy | 11/24/2009 | See Source »

There is no guarantee that the next decade (get ready for the Teens!) will be any better than this one. It's likely that China will continue to grow faster than the U.S., and we may continue to see our global dominance erode. But very significantly, we still hold many of the world's trump cards. We still have the world's strongest military, which means we can and must lead in maintaining order and crafting peace. We are the leaders in technological innovation. And we are still the nation that most others emulate. If we remember those points...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

...participation goal. On some projects Miami-Dade has even 100% DBE involvement. For now, the county is using what stimulus money it can earmark for transit purposes to purchase a fleet of BRT (bus rapid transit) buses that will at least reach into predominantly minority corridors at a faster clip than conventional metro bus lines. Says Miami-Dade Public Works Director Esther Calas, the stimulus trickle-down "wasn't really crafted to happen as fast as it could have, but once it gets to us we're expediting it quickly." She points out that Miami-Dade Mayor Carlos Alvarez championed...

Author: /time Magazine | Title: Are Minorities Being Fleeced by the Stimulus? | 11/23/2009 | See Source »

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