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...city being built from scratch. Imagine a marshy coastal strip filled with paddy fields and fishing villages transformed into a megalopolis within a few short years. Shenzhen is just that place, a 126-sq.-mi. serpentine swath opposite Hong Kong that still has the raw look of a city halfway between blueprint and reality. Apartment high-rises border unpaved roads, while open trenches pose a hazard to the unwary. In the shadow of the International Trade Center, at 54 stories China's tallest building, are mounds of dirt coughed up by the excavation. Construction cranes scratch...

Author: /time Magazine | Title: A Country Changes Course: Sichuan, China | 6/21/2005 | See Source »

...Halfway through 1985, the nearly three-year-old economic recovery seemed about to end. Second-quarter growth in the gross national product was a slow 1.1%, compared with 3.7% in the previous period. But the low level of inflation, about 3.5% for the year, enabled the Federal Reserve Board to ease up on interest rates. "The Fed is riding to the rescue," Economist Walter Heller said in May. As a result, more credit began flowing to businesses. Between April and July, the prime rate fell by a point, to 9½%, where it ended the year...

Author: /time Magazine | Title: The Year of Big Splashes | 6/21/2005 | See Source »

...long ago caught up in style with the blue bloods he admired in his youth. But he has often been beset by doubt. For years after the flop of his Cambridge Footlights revue, he belittled the theater as an art form. His turn to the stage, abandoning a novel halfway through, was an act of desperation. "I lost faith in my own voice, and I liked the stage because the characters do all the talking for you." The shift brought criticism: "I was very conscious of the disapproval of friends and reviewers who felt I was taking a rather sharp...

Author: /time Magazine | Title: Show Business: Tugging at the Old School Ties | 6/21/2005 | See Source »

...answered the second almost as quickly. The Midshipmen had been burying its competition in the first 500 meters all season long, but the No. 2 Crimson fought back from an early four-seat deficit with a powerful base cadence and pulled even by the time both boats reached the halfway point...

Author: By Aidan E. Tait, CRIMSON STAFF WRITER | Title: PERFORMANCE OF THE YEAR: Men's Lightweights vs. Navy | 6/9/2005 | See Source »

...Harvard lightweights emerged from the Mass. Ave. Bridge at the halfway point, and as a crowd of Crimson-clad supporters shouted encouragement from atop the bridge, Harvard took out all of that initial nervous tension on the Midshipmen...

Author: By Aidan E. Tait, CRIMSON STAFF WRITER | Title: PERFORMANCE OF THE YEAR: Men's Lightweights vs. Navy | 6/9/2005 | See Source »

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