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...factories, which employ 10 million people, could be shut down by early next year. That's a big concern to government officials, who will be hard-pressed to cope with a growing army of newly unemployed migrant workers. When Hong Kong toymaker Smart Union abruptly closed its doors in mid-October, hundreds of angry ex-employees crowded outside its shuttered factory in Guangdong province demanding unpaid wages. Says Lau: "I worry that the situation can't be improved...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

...months ago, Beijing's top priority had been fighting inflation. Now policymakers are easing off the brakes and hitting the gas again in an effort to stimulate growth. The central bank lowered its benchmark interest rate twice in the past 45 days, the first cuts since 2002. In mid-October, the State Council announced plans to increase infrastructure spending, to offer tax rebates for exporters and to boost government-controlled prices for agricultural products. Beijing is also widely expected to introduce measures to resuscitate the faltering property market, in an attempt to prevent a U.S.-style crash in home prices...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

...Siri certainly isn't your average gumshoe. For one thing, he's in his mid-70s, and feeling the weight of his years. But he does have a few advantages. He's able to commune with the spirits of the cadavers that pass through his morgue - "customers," as he calls them with characteristically mordant humor. And Dr. Siri is a cynic, naturally distrustful of the political cant mouthed by his communist-party superiors...

Author: /time Magazine | Title: Bodies of Work | 10/23/2008 | See Source »

...researching his first Dr. Siri mystery, 2004's The Coroner's Lunch, Cotterill had little to go on. Historical accounts from the mid-1970s proved sketchy at best (and, as it happened, Laos had no actual chief coroner to consult). In writing about Laos' most politically tumultuous decade, Cotterill was thus left to fill in the blanks for himself. The latest Dr. Siri mystery, in particular, delves into the tragic history of the Hmong, an ethnic minority buffeted by the Vietnam War and later brutally oppressed in both Vietnam and Laos. "The problem with writing about Laos is information stops...

Author: /time Magazine | Title: Bodies of Work | 10/23/2008 | See Source »

...mid-1980s, when Kingsmill was an easily distracted Sydney marketing student, a go-to item in his wardrobe was a T shirt declaring "Live Fast, Die Young in a Nice Pair of Shorts." It was one of Mambo's more benign items. Still to come were Mombassa's "Australian Jesus at the Football" and his design protesting plans for an expanded nuclear facility at Sydney's Lucas Heights: "Mr and Mrs Sydney would prefer not to have a nuclear reactor situated halfway up their arse...

Author: /time Magazine | Title: Born-Again Mambo | 10/23/2008 | See Source »

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