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...same could have been said for the growth of the United States at the end of the 19th century. But in the areas of media and the Internet, it isn't. There, China has a thriving culture of thirtysomething entrepreneurs, many with U.S. work experience, who are creating home-grown franchises catering to the burgeoning world of the web in China. Baidu, the rival search engine to Google, is most in the news lately; others include web portal and entertainment companies Sina and Netease; on-line, multi-user gaming company Shanda (which recently made an acquisition of an American gaming...

Author: /time Magazine | Title: Google and China: Silicon Valley Is No Longer King | 1/15/2010 | See Source »

...only would malaria eradication save millions of lives, it would also free up many countries from the crushing costs of dealing with the disease - costs that make economic growth impossible. The American economy, when it is not in recession, has typically grown about 3% per year since the 1970s. Countries with malaria, by contrast, lose 1.3% of that potential growth - nearly half - just to the consequences of the disease, according to a study by leading global economist Jeffrey Sachs. "It's like a huge tax on economic growth," says Hall...

Author: /time Magazine | Title: Hopes for a New Kind of Malaria Vaccine | 1/15/2010 | See Source »

...study, published on Thursday, a team of scientists from the University of California, the University of Tennessee and the University of Ottawa analyzed data from San Francisco, where antiretroviral drugs have been extensively prescribed to HIV patients since AZT was introduced in 1987. In that city, drug resistance has grown steadily and, according to the team's models, drug-resistant infections are now on the verge of spiking. (See pictures of Africa's AIDS crisis...

Author: /time Magazine | Title: New Study Raises Concerns About HIV-Drug Resistance | 1/14/2010 | See Source »

...long ago, the only time luxury-car brands like Audi or BMW made an appearance in India was in movies or at auto shows like this one. Not anymore. As the economy has grown, so has India's appetite for luxury automobiles, making it an important target for foreign automakers looking away from Western markets mired in global recession and whose streets are already bumper to bumper with cars. "India is one of the markets of the future," says Paul Blokland, managing director of Segment Y Automotive Intelligence, an automotive-consulting firm based in Goa, India. "Manufacturers are looking...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...Making of a (White) MegachurchWillow Creek Community Church's main complex, in South Barrington, does not tower so much as sprawl: eight low-slung buildings, landscaped on a swampy and thus underdeveloped grassland amid Chicago's bustling, affluent northwest suburbs. As the church has grown - especially with the 2004 completion of a new sanctuary building with an escalator and interior waterfall - it has become more self-consciously handsome. But like Hybels himself, it abandons pious overstatement for corporate efficiency: church as conceived by Jack Welch. (Read "Church Group Attacks Christmas Commercialism...

Author: /time Magazine | Title: Can Megachurches Bridge the Racial Divide? | 1/11/2010 | See Source »

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