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That can be the most trying part about doing business in China. Marshall Goldberg, director of administration at Brooklyn's Monarch Wine Co., which will import Chinese beer and vodka into the U.S., recalls a telling episode. During Monarch's negotiations in Peking, disputes over how much advertising would have to be done in the U.S. got so prickly after three weeks of talks that "we walked away saying, 'Let's part in friendship.' " The Chinese, Goldberg recalls, then coolly "took us to the Peking opera that evening and the next morning...

Author: /time Magazine | Title: Business: How to Dicker with the Chinese | 2/19/1979 | See Source »

...attempt to support Castro's faltering economy, the Soviet Union has been buying much of the coffee Cuba grows at a price higher than on the world market. In fact, Cuba has even been accused in some anti-Castro quarters of mixing imported coffee with home grown and then selling the spurious blend to the Russians. Be that as it may, Cuba does import cheaper coffee for domestic consumption...

Author: /time Magazine | Title: Nation: The Cuban Coffee Caper | 2/12/1979 | See Source »

...popularity of Kents over all other imported cigarettes has less to do with taste or tar content than with the fact that Brown & Williamson International, which markets Kents abroad, has cornered 90% of the Rumanian cigarette import market. The dollar shop at Bucharest's Intercontinental Hotel is piled high with cartons of Kents, a tantalizing symbol of Western opulence. Among the principal purchasers are Third World students in Rumania, who supplement their meager stipends by buying Kents and trading them for cash. Such traffic, though illegal, is tolerated by the government. After all, bribery has been part of Rumanian...

Author: /time Magazine | Title: RUMANIA: Butting In | 2/12/1979 | See Source »

...Iran. The foundation controls 96 such enterprises; the rest are either fully or partly owned by the Shah's relatives. Among other properties, these holdings comprise industrial complexes, office buildings, sports clubs, mining firms, entire villages, warehouses, interests in foreign companies, vast tracks of real estate, and import and export facilities. Whatever may be done about those, probably beyond Khomeini's reach is the array of the Shah's and his family's palatial retreats in London, Switzerland, New York City and France, not to say an island in the Seychelles and choice acreage in Beverly...

Author: /time Magazine | Title: IRAN: The Shah Takes His Leave | 1/29/1979 | See Source »

...drifts, many of them 12 ft. high. The estimated 300 million tons of snow that fell on Chicago closed schools for at least a week, halted the city's elevated rail system for days, kept firemen from reaching burning buildings, and forced critically short-staffed hospitals to import 1,000 pints of blood from Los Angeles. The city attached snowplows to garbage trucks, even fire trucks. Convoys of borrowed snow-fighting equipment rolled in from as far away as Quebec...

Author: /time Magazine | Title: Environment: Who Will Stop the Snow? | 1/29/1979 | See Source »

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