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...known. The study also found that while both men and women liked blue, women tended to pick redder shades of blue - reddish-purple hues - while men preferred blue-green. To assess whether the color preferences could have been due to culture, the researchers tested 37 Han Chinese volunteers from mainland China, along with the 171 British Caucasian participants, and found the same male-female differences. Though the Chinese participants showed a greater overall preference for red than their British counterparts (red is considered an auspicious color in China), Chinese women and men diverged in color preference predictably along...

Author: /time Magazine | Title: Study: Why Girls Like Pink | 8/20/2007 | See Source »

...1990s to rein in inflation, such as a crackdown on bank lending that brought growth to a halt in areas outside major cities. Inflation is not just a domestic concern, either. Because China supplies so much of the world's manufactured goods, higher costs on the mainland tend to show up on store shelves at Wal-Mart and other major retailers around the world. The U.S. Commerce Department says prices for imports from China rose at a 4.1% annual rate during the first half of 2007. That was the fastest pace since the U.S. began tracking Chinese import prices...

Author: /time Magazine | Title: Too Much of a Good Thing | 8/16/2007 | See Source »

...Rising mainland prices should come as no surprise. For years, economists have wrung their hands over the prospect that China's economy might finally overheat. The latest inflation report signals that time may be at hand. China has recorded four straight years of double-digit economic growth, and 2007 will likely be the fifth: first-quarter GDP expanded by 11.1%. At a moment when the rest of the world fears roiling credit markets might reduce growth, China faces a different challenge: how to slow its economic locomotive before it jumps the tracks...

Author: /time Magazine | Title: Too Much of a Good Thing | 8/16/2007 | See Source »

...banks got hammered on their respective stock exchanges last week because of fear - based, again, on a lack of knowledge - that they had bought a lot of paper tied to the subprime debt market. And in Hong Kong, Goldman Sachs issued a warning recently that some of the biggest mainland Chinese banks that trade on the Hong Kong exchange - including the Bank of China - were also exposed. In early August a spokesman for the BOC had said its first-half losses tied to subprime investments were "minimal." But in the wake of the nasty BNP Paribas surprise half a world...

Author: /time Magazine | Title: Markets Rebound but Crisis Not Over | 8/13/2007 | See Source »

...Monday representatives from Paris-based NGO Reporters Without Borders held a press conference outside the offices of the Beijing Organizing Committee for the Olympic Games to demand the release of some 100 journalists and online activists imprisoned in China. As if to prove the group's point about the mainland's restrictions on media and freedom of speech, police detained a group of journalists for more than an hour after the event. Amnesty International also issued a statement this week about human rights in the country, warning that the detention of dissidents, harassment of lawyers and restrictions on domestic media...

Author: /time Magazine | Title: China's Olympics: One Year to Go | 8/8/2007 | See Source »

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