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...shifting capacity to mainland China ahead of the lifting of the trade restrictions. Last year, the company's plant on the tiny Pacific island of Saipan?a U.S. territory exempt from quotas?accounted for nearly half of all its production, compared with about 25% from China. But Chinese output is expected to double this year, and for the next few years Luen Thai plans to increase head count at its Dongguan facility from 5,000 to 14,000. In May, Luen Thai sold off its garment-making business in Mexico. Meanwhile, the company is constructing a second facility outside...

Author: /time Magazine | Title: Made in China | 10/25/2004 | See Source »

...couple of the past century. America's best-known egghead playwright married Hollywood's leading sex symbol in 1956, accompanied by a media frenzy. The public couldn't get enough of this owl-and- the-pussycat marriage, which seemed to unravel in all the predictable ways. Miller's creative output dried up as he tended to Monroe's career; she grew increasingly depressed and dependent on drugs. They split up in 1961. A year later, she was dead of a drug overdose, leaving Miller alone to write the history of the marriage. Which hasn't necessarily been good for Miller...

Author: /time Magazine | Title: Theater: Scenes from A Marriage, Part 2 | 10/25/2004 | See Source »

...trick was the Crimson’s first of the season, contributing to Harvard’s top offensive output of five goals against the Crusaders...

Author: By The Crimson Staff, | Title: Hat trick helps freshman Merritt to Ivy League Rookie of the Week honors | 10/19/2004 | See Source »

...stirred it with his body so it would continue flowing. Oil and gas discoveries in the South China Sea and Bohai Gulf, where drilling began in 1979, made China seem all the more invulnerable to oil shocks, and the country remained an oil exporter until 1993. Today, however, output from China's top four oil fields is in decline. By some estimates, the country's current proven reserves will be depleted in as few as 14 years. Meanwhile, largely untapped petroleum pools believed to lie beneath western China's desolate Tarim Basin are uneconomic to drill, even with prices...

Author: /time Magazine | Title: China's Quest for Oil | 10/18/2004 | See Source »

...year after authorities arrested founder Mikhail Khodorkovsky, the Kremlin is seeking to recoup at least $4 billion in taxes by forcibly selling the firm's main asset, Yuganskneftegaz, which controls vast Siberian oil fields. The subsidiary, which pumps 1 million bbl. of oil per day - about 60% of Yukos' output - has been valued by Dresdner Kleinwort Wasserstein at between $14.7 and $17.3 billion. Reports last week suggested the Kremlin might hand it to a Russian rival, Gazprom, for a fraction of that price. "It's robbery in broad daylight," complains Robert Amsterdam, a lawyer for Khodorkovsky, who says the Kremlin...

Author: /time Magazine | Title: Bizwatch | 10/17/2004 | See Source »

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