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Paulo Fernando Soares, China chief executive for Indian wind-turbine maker Suzlon Energy, says his company has successfully bid for provincial-level projects, but Suzlon and all other foreign firms have been shut out of national-level wind-base projects in Gansu, Hebei and Inner Mongolia. While the Chinese manufacturers...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

Given the number of foreign companies that have set up their own facilities in China, the government is unlikely to let them fail completely, says New Energy Finance's Ying. "If they have manufacturing capacity in China, they generate GDP, generate tax revenue, generate employment, I do not see a...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

As businesses battle to get through the recession, more and more are turning to third-party-exchange networks like Bartercard. According to the International Reciprocal Trade Association, the industry trade body, more than 400,000 businesses transacted $10 billion globally in 2008 - and officials expect trade volume to grow by...

Author: /time Magazine | Title: Bartering: Have Hotel, Need Haircut | 11/2/2009 | See Source »

For two months, the world watched as allegations of voting fraud threatened to thwart the apparent re-election of Afghan President Hamid Karzai. After the country's election-complaints board threw out a million suspicious ballots, Karzai refused to accept the results. On Oct. 20, after intense diplomatic lobbying by...

Author: /time Magazine | Title: The Moment | 11/2/2009 | See Source »

Two weeks, two hunger strikes and several suicide threats later, the Tamils on the blue and yellow Oceanic Viking are still waiting off the coast of Bintan. The ship, registered to carry 75 passengers, now has over 110 on board, including customs officials. Indonesia has given the ship until Nov...

Author: /time Magazine | Title: Asylum Seekers Stuck in Indonesia-Australia Standoff | 11/2/2009 | See Source »

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