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...surprise that the iPhone is coming to China. Apple Inc.'s iconic mobile device is manufactured here, and an estimated 2 million have already been sold on the gray market on the mainland. But a deal announced on Aug. 28 by China Unicom, the country's second largest mobile service provider, will make the phone available to hundreds of millions of mainland consumers, opening a huge new market to Apple. China now has nearly 700 million mobile phones in use, almost as many as the next two largest mobile-phone nations - India and the U.S. - combined. "Apple needs a good...
...China is now Japan's largest trading partner and is the powerhouse for growth in Asia. Japan, which has helped build the region with economic assistance and technology, needs to continue to cultivate Asia's economic potential and strengthen diplomatic ties. "Japan can benefit from high Asian growth rate even with low domestic demand," says JPMorgan's Kanno. Closer relationships with Asian economies, he says, are a must, particularly in terms of agricultural trade and free-trade agreements. "If Japan accepts more agricultural imports, then it will have closer relations and trade volume will rise." Kanno says agricultural reform...
...Mathematical Sciences in Chennai, for solving the riddle of the Harappan script needs the involvement of people from all backgrounds. Wells, who was not part of Rao and Vahia's team, spent 15 years painstakingly examining the disparate body of Indus Valley artifacts and compiling what is now the largest database of Harappan signs - 676 in total. Even though no one knows the root language behind the script, he reckons greater cooperation and a monkish devotion to the task can slowly unravel more secrets. Wells and a colleague have already made significant progress in decoding the Harappan system of weight...
...advice to separate the water from the fish, the warring factions depopulated the land to disrupt the enemy's civilian support network. According to Codhes, such scorched-earth tactics have uprooted more than 4.5 million people since 1985, leaving Colombia (pop. 45 million) with the world's second largest population of internally displaced persons (IDPs). Only Sudan, with nearly 5 million, has more. (The Bogotá government began keeping track of IDPs in 1997 and its running total is 3.1 million...
...happens in the Shanghai bourse should not matter outside China. Only locals can trade in Chinese A shares, which comprise the composite index. But markets are supposed to anticipate the economy's health, so the fall in the index could possibly signal a relapse in the world's third largest economy. The jitters in Asia and the rest of the world are rooted in the fear that China will not be able to help pull the global economy from recession, a big blow to recovery hopes given the inability of the U.S., Europe and Japan to play that role...