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...Less than two years later, Li Ning the company is still soaring. In March, Li Ning Co. reported a more than 30% rise in profit in 2009. Li Ning started his sportswear company in 1990, building it into a giant, with 2009 sales considerably more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

...years is an eternity in politics, as French President Nicolas Sarkozy discovered on March 21 when his conservative party was trounced in regional elections. The loss was a stunning reversal of the 2007 polls that propelled Sarkozy to the Elysée and gave conservatives large majorities in both houses of parliament. Sarkozy now has two years before the next presidential election to halt a resurgent left and win back disgruntled supporters...

Author: /time Magazine | Title: French Election Fallout: Trouble Ahead for Sarkozy | 3/25/2010 | See Source »

Will the notoriously hard-charging Sarkozy roll back his reformist drive in the wake of the electoral shellacking? Maybe a bit - especially after his quixotic insistence that the conservatives could win the second round even after the disastrous results of the first round on March 14. Rather than tweak the right's message, Sarkozy focused on a get-out-the-vote push to urge conservatives to go to the polls, a move that helped to slightly increase voter turnout but failed to prevent the left's landslide win. Now Sarkozy may have to accept a change of tactics. Says...

Author: /time Magazine | Title: French Election Fallout: Trouble Ahead for Sarkozy | 3/25/2010 | See Source »

...profile picture through March 24," the participating Argentine users posted as their status update. The military junta that presided over the Dirty War against suspected leftists came to power via a coup d'etat on that date...

Author: /time Magazine | Title: Argentines Remember the Disappeared on Facebook | 3/25/2010 | See Source »

...legalization of abortion" in the list of national accomplishments. Yet a mere seven months after making those lofty comparisons, Sarkozy this week decided to bury his vaunted tax on carbon emissions designed to help slow global warming. The move was the first policy fatality in the wake of the March 21 regional elections that handed leftist opponents a landslide victory...

Author: /time Magazine | Title: Why Sarkozy Dropped His Beloved Carbon Tax | 3/25/2010 | See Source »

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