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...heed national labor laws ensuring minimum wage or trade-union protection. Over the past three years, anti-Chinese riots have erupted everywhere from the Solomon Islands and Zambia to Tonga and Lesotho. Tensions are also simmering in India, where the Chinese are involved in several major infrastructure projects. Even high-level officials are speaking up. In Vietnam, plans for a $140 million Chinese-operated open-pit bauxite mine were publicly excoriated by none other than revolutionary hero General Vo Nguyen Giap because, he said, of "the serious risk to the natural and social environment...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...Clinton deserves high praise for having publicly said what no U.S. diplomat heretofore has had the sand to say: If Osama bin Laden and his confederates are indeed in Pakistan, the government there is not doing enough to help find them and bring them to justice. And she said it while she was in Pakistan! Tracy Leverton Vienna...

Author: /time Magazine | Title: Inbox | 12/7/2009 | See Source »

...Ritz Rocks "Silver-Spoon Voluntourism" - high-end hotels facilitating eco-friendly projects for guests - is genius [Nov. 16]. I think it is great that a hotel as regal as the Ritz-Carlton, a hotel I would not ordinarily associate with community service, is taking action. President Obama should be happy he doesn't have to do it alone anymore. Emily Larson Mansfield, Mass...

Author: /time Magazine | Title: Inbox | 12/7/2009 | See Source »

...Until recently, that change looked like it might never happen. Last summer, Iraq's government hosted an auction for eight large oil and gas fields at Baghdad's high-end Al-Rashid Hotel. There, oil executives from the U.S., Europe, Russia, China and South Korea paraded on stage and dropped their bids into a sealed box, in a ceremony broadcast live on Iraqi television. It was meant to be grand theater, but proved a p.r. failure for Baghdad. Just one bid succeeded: it was submitted by a partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

...equipment, patchwork pipeline networks and decayed, rusted port facilities; Saddam-era sanctions largely prevented the industry from upgrading to state-of-the-art equipment. The country produces just 2.5 million barrels a day, down from 2.8 million barrels before the U.S. invasion and a sharp drop from its high of 3.7 million barrels in 1979, when Saddam boosted production to finance his calamitous war with neighboring Iran. A government adviser recently told Britain's Independent newspaper that only about one-third of the 1,400 wells in southern Iraq are functioning. Oil Minister Hussein Shahrastani estimates it will cost about...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

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