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Yang Hua's passport is stamped with visas that would alarm immigration clerks around the world. He showed up in Indonesia two days after the Bali disco bombing in 2002. He has logged trips on a moment's notice to Iran, Yemen and Qatar as well as the U.S., Australia, Canada, England and Brazil. And Yang doesn't try to hide the substances contained in little glass vials that he brings home from his travels. In fact, they're lined up on the windowsill of his Beijing office, affixed with labels like SAUDI SWEET. Yang, it turns out, works...

Author: /time Magazine | Title: China: Quest for Crude | 11/22/2004 | See Source »

CNOOC, for example, signed a deal two years ago to extract 1 million bbl. of oil a day in Indonesia, and a year ago, it signed a major contract to produce gas in Australia. In February, President Hu Jintao traveled to Gabon hoping to secure deals in Africa, and in June he led a delegation from China's natural-gas industry to Uzbekistan. Chinese oil executives have even begun courting Ecuador and Colombia. "Latin Americans feel frustrated that the U.S. has virtually ignored the region, so turning to China is prudent and will pay financial dividends down the line," says...

Author: /time Magazine | Title: China: Quest for Crude | 11/22/2004 | See Source »

...poverty breeds terrorism” survived for as long as it did. While the Middle East’s great wealth is not evenly spread, the average citizen’s standard of living there is considerably higher than in most parts of the world. Pakistan and Indonesia, two recent terror hotspots, likewise are not particularly wealthy but neither are they particularly poor, their incomes ranking somewhere in the middle worldwide. And, the most well-known perpetrators of terror, the thugs that carried out 9/11, were from the upper-middle class of their respective countries: they certainly did not engage...

Author: By Mark A. Adomanis, | Title: Did Bush Get It Right? | 11/15/2004 | See Source »

Ahem. Obama does not have a Kansas accent; he grew up in Honolulu except from ages 6 to 10, when he and his mother lived in Indonesia. His father, though a potent symbol in his childhood, left when Obama was 2. Aside from letters and one visit, he was absent from his son's life. When Obama was 21, his father died in a car accident in Kenya...

Author: /time Magazine | Title: 2004 Election: Obama's Ascent | 11/15/2004 | See Source »

Perhaps the riskiest bet he's making, however, is on domestic manufacturing. New Balance is the only major U.S. sneaker brand still manufacturing in America; most others have fled to China, Indonesia and Vietnam. Roughly 25% of New Balance shoes are assembled at five factories in New England and one in California owned by a foreign supplier. Over the past two years Davis has spent $14 million to upgrade a high-tech shoe plant down the road from his Boston office, and in 2001 he expanded his distribution center in the old mill town of Lawrence, Mass. Davis figures...

Author: /time Magazine | Title: Sole Survivor | 11/8/2004 | See Source »

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