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...official media, the government's reaction has been swift and decisive, including everything from announcing a 4 trillion renminbi ($587 billion) stimulus package, repeatedly lowering interest rates and taking substantive moves to bolster the property market and encourage consumer spending. "They've done everything right so far and very fast," says one western diplomat in Beijing. "Often it's been bigger and faster than other countries like Germany, and they aren't afraid to advertise that fact in the papers and on CCTV...

Author: /time Magazine | Title: Will the Financial Crisis Bring Upheaval to China? | 12/25/2008 | See Source »

...Fast Facts...

Author: /time Magazine | Title: Transportation Secretary: Ray LaHood | 12/24/2008 | See Source »

...idea of greener - and cheaper - health is catching on fast among health-care CEOs. Some 150 registered health-care industry construction projects currently underway - involving about 30 million sq. ft. of new building space - have pledged to adopt the Green Guide for Health Care (GGHC), a sustainable design toolkit developed in part by HCWH, which helps the health-care sector construct healthier buildings from the start, according to Cohen. For example, the guide suggests ways to maintain indoor air quality, as indoor pollution can cause or aggravate many health conditions and threaten the well-being of patients with compromised immune...

Author: /time Magazine | Title: Making Hospitals Greener — and Patients Healthier | 12/20/2008 | See Source »

...late evening outside the Taj Mahal hotel on Delhi's Mansingh Road, and the row of cars lining up for security checks at the entrance is fast lengthening into a small traffic jam. Coming just as the wedding and party season was starting up, the brutal Mumbai attacks last month (which devastated a more famous Taj Mahal hotel in that city) have led to heightened security measures, which are proving to be an enormous inconvenience for high society. Cars carrying designer-clad, bejeweled guests have to stop to let security guards peek under the hood and into the back compartment...

Author: /time Magazine | Title: After Mumbai, India's Hotels Brace for a Sharp Downturn | 12/20/2008 | See Source »

...Fast Facts...

Author: /time Magazine | Title: Secretary of Agriculture: Tom Vilsack | 12/19/2008 | See Source »

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