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...years. Local department stores have been slashing prices, and malls are less crowded than usual, with few heeding the promises of Shanghai Mayor Han Zheng that 2009 will bring 9% GDP growth for the city. Another gloomy indicator: Year of the Ox stamps issued by the Shanghai post office haven't been selling as well as their Year of the Rat predecessors. Even worse, the meteorological bureau predicts that the days on which the lunar New Year celebrations will fall may be some of the coldest in recent Shanghai memory - a bone-chilling 15.8 degrees in a city where most...

Author: /time Magazine | Title: China Not So Bullish About the Year of the Ox | 1/23/2009 | See Source »

...Still, some politically savvy Shanghai astrologers are taking heart from history, even if the markets haven't performed well in previous cow cycles. One almanac available at a local bookstore lists the geopolitical glories associated with previous oxen years, chief among them 1949 - the last time the Ox that came stomping through town was an earth creature. That, of course, was the year China's Communist Party triumphed over its enemies and founded the People's Republic...

Author: /time Magazine | Title: China Not So Bullish About the Year of the Ox | 1/23/2009 | See Source »

...They're not so quiet anymore. In this preserved space, the walls speak out for hundreds of thousands of Chinese, landing in what they thought of as a haven of opportunity only to meet with indifference, condescension and incarceration...

Author: /time Magazine | Title: The Other Ellis Island | 1/22/2009 | See Source »

...make it easier for bosses to force their employees to work more. The move retained the 35-hour week as the nominal legal reference to undercut union protest, but then rendered it nonsensical by giving employers a free hand to set far longer work requirements. So far, however, bosses haven't seen fit to make such moves. (See pictures of Sarkozy's visit to London...

Author: /time Magazine | Title: Why France's 35 Hour Week Won't Die | 1/22/2009 | See Source »

...Northwestern, wrote that if masters degree applicants cannot find loans, then the number of masters students may decline. But in areas where students would view a masters degree as a wise long-term investment, graduate school may appear as “a temporary ‘safe haven,’” Wachtel wrote...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Ph.D. Admissions Tighter as Applications Rise, Fellowships Stagnate | 1/21/2009 | See Source »

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