Word: players
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...they are looking for solutions. But even if the authorities don't take active steps to encourage private and community-owned networks, it will still happen. It's the people's game." And it seems that Huilongguan's future teams are already coming together. No longer an active player, Wang has started coaching about 60 young children every week. "It can be an unruly bunch," Wang chuckles before running over to help keep excited children from running out onto the pitch to help their dads...
...Kong real estate and telecommunications conglomerate called New World Development to buy up to a 15% minority stake in the National Basketball Association (NBA) franchise and its sports arena. The Cavs, who are currently battling the Orlando Magic for the Eastern Conference title, boast this season's most valuable player, LeBron James, who's known in the U.S. as "King James" and in China as "the Little Emperor." (Watch TIME's video "LeBron James: Leader of the Redeem Team...
...board of governors. But it's no secret that the NBA has been looking for a way to cash in on basketball fever in China. With the emergence of Yao Ming as an All-Star center for the Houston Rockets - he's the league's tallest player at 7 ft. 6 in. - basketball has become the sport of choice for China's urban youth. More than 50 Chinese TV stations carry NBA games, and viewership in China topped 1 billion last season, according to the NBA. Dozens of magazines are dedicated to covering U.S. hoops, following the exploits...
...warnings, echoed by prominent economists, were heeded. At the London summit, the rich nations, wrangled by U.S. Treasury Secretary Tim Geithner, decided to triple the IMF's resources to $750 billion. After nearly a decade on the sidelines, it was suddenly a player again. "The IMF is back," crowed IMF managing director Dominique Strauss-Kahn. Boutros-Ghali is more cautious: "Now we need to make sure the money shows up, that it wasn't just pious words." (See pictures of the global financial crisis...
...always tied their lot to parliamentary democracy, championing land reform and opposing moves toward privatization, myriad splinter groups fighting for the marginalized and dispossessed continue to wage bloody insurgencies in pockets of the country. Still, India's remarkable economic growth in recent decades and its emergence as a key player in global affairs under the Congress-led government of Manmohan Singh has put an air of anachronism around the venerable Communists. "In this day and age, why do you still celebrate the 90th anniversary of the October revolution," asks Surjit Bhalla, a financial pundit and anchor of the show "Tough...