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...potential economic one. Neighboring nations are increasingly dependent on Burma's resources, and most of the country's natural wealth - from jade and timber to hydropower and natural gas - is concentrated in the tribal regions. The planned route for a Chinese-financed project of dual natural-gas and oil pipelines, for instance, begins in an ethnically troubled part of western Burma's Arakan state and runs past the part of Shan state where fighting raged last month in Kokang. Construction of the Shwe pipeline project, the biggest ever foreign investment commitment to Burma, was supposed to begin this month...

Author: /time Magazine | Title: Inside Burma's War | 9/21/2009 | See Source »

Hyflux's membrane technology shows that even the dirtiest water can be cleaned. Seawater in Singapore, for instance, is first dosed with acids to adjust alkaline levels and then cleaned of contaminants like oil and grease. The water passes through a sieve of sand that removes silt. Then it is shot through a stringy honeycomb of plastic membranes at high pressure, which "polishes" the water, Ong says. In the case of desalination in Singapore, Ong adds, the water becomes so clean that minerals have to be restored for it to be consumed. In 2008, Hyflux reported net profits...

Author: /time Magazine | Title: Singapore's All Wet | 9/21/2009 | See Source »

...hard assets. Companies, land, buildings, amusement parks, golf courses, whatever. Our sovereign wealth fund - the China Investment Corp. - is already looking at possible investments, as are some of our state-owned companies. A few years ago, one of our better-run companies, CNOOC, tried to buy a second-tier oil company in Los Angeles, UNOCAL, but backed off after your own xenophobic politicians created a ruckus. We hope that in the future your Administration will help explain to the American people - not to mention the members of Congress in both parties - that increased direct Chinese investment...

Author: /time Magazine | Title: What China's Hu Would Really Like to Tell Obama | 9/21/2009 | See Source »

...confrontation, say most Indian strategists, lies not in standoffs on remote, rugged peaks but in the waters all around the Indian subcontinent. The Indian Ocean is the thoroughfare for nearly half of all global seaborne trade, and the coastal states are home to over 60% of the world's oil and a third of its gas reserves. Traditionally, India has imagined the ocean as part of its backyard without investing serious resources in its navy - much more goes to an army and air force that are perched by the land boundaries with the old enemy of Pakistan. And that...

Author: /time Magazine | Title: India's China Panic: Seeing a 'Red Peril' on Land and Sea | 9/20/2009 | See Source »

...safeguard its vast appetite for oil and other natural resources, particularly those drawn from Africa, China has embarked upon a "string of pearls" strategy, building ports and listening posts around the Indian Ocean rim. Beijing's projects span from the Malacca Straits to the Cape of Good Hope and many places in between, including countries that were once in India's sphere of influence. A massive deep-sea port being built by Chinese funds and labor at Hambantota, at the southern tip of Sri Lanka, has in particular riled Indian analysts. With a $1 billion facility also under construction...

Author: /time Magazine | Title: India's China Panic: Seeing a 'Red Peril' on Land and Sea | 9/20/2009 | See Source »

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