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...Across town, while Dan-ni-er sleeps the pregame afternoon away, the indoor and outdoor courts of the Lu Wan District Children's Athletic School echo with the clamor of wannabe Yao Mings. Teenage boys leap and shout and launch fadeaway threes, and a dozen girls who can't be older than seven dribble two balls at a time?perhaps the Olympians of 2020 and beyond. OUR DREAM IS TO BECOME A SHANGHAI SHARK, reads a banner strung on the fence, but it is out of date; the success of the Young Giant has trumped domestic glory. Now, says...

Author: /time Magazine | Title: The Man Who Would Be Ming | 2/2/2003 | See Source »

...committed reformer who took over the CSRC in 2000 and tried to give it teeth. (Last week he was rewarded with a promotion to lead the central bank). Nonetheless, investors have been duped in the past couple of years by a string of spectacular stock-market scandals. Consider Lu Liang, for example, who took control of a listed chicken breeder in 1999 and renamed it China Venture Capital. After raising an astounding $650 million from investors, he used 125 brokerage offices to manipulate his firm's shares. Under a pseudonym, he even wrote newspaper articles extolling the stock, which rose...

Author: /time Magazine | Title: China's New stock cop | 1/6/2003 | See Source »

...BUSHES The message of the unseasonal oil painting by Shanghai-born American artist Zhen-Huan Lu? Serene and diplomatic. But who is the White House pianist...

Author: /time Magazine | Title: Season's Greetings, Yasser | 12/30/2002 | See Source »

...games begin outside the handsome Guangdong Museum of Art at 38 Yanyu Lu, Ersha Island, where large, red letters that read IN GOD WE TRUST are poised above sculptor Wang Guangyi's bulky, socialist-realist statues of heroic workers that emerge out of the ground like ghosts from the Cultural Revolution. Sincerity jousts with irony, old communist values with new China's avarice. Greed, of course, has the upper hand; many of the works at the exhibition exude ambivalence toward the country's rampant materialism and unchecked urban growth. Liang Juhui's Floating Transported uses video projection to simulate living...

Author: /time Magazine | Title: China's Art Scene: the Naked Truth | 12/23/2002 | See Source »

...peak of its power in the 1990s, Taiwan's Kuomintang (KMT) rewarded its members with stock options, lavished expensive gifts on journalists and opinion makers, and lured tens of thousands to political rallies and election booths with the promise of free food, hats, flags, jackets, and zou-lu-kun?red envelopes stuffed with petty cash. The party even dipped into its own coffers to bolster flagging stock markets or to buy diplomatic support from impoverished nations...

Author: /time Magazine | Title: Kiss Your Assets Goodbye | 10/7/2002 | See Source »

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