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On a typical weekend afternoon, Beijing's Silk Street Market buzzes with the sound of tens of thousands of tourists haggling over antiques, jewelry and knock-off Gucci handbags. Rickshaw drivers normally scoop up these marketgoers, pedal them to their hotels and return with pockets full of foreign currency - a...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

One of the chief concerns is that over-reliance on government spending for growth will undermine a Chinese economic goal: boosting consumer spending to achieve a more balanced economy, one that is less dependent upon consumer demand from the U.S. and Europe for growth. "The biggest problem with the state...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

The question is whether the region's gobs of easy money will actually go where it is supposed to go. It's all too easy for the state's largesse to end up in the pockets of politicians and other vested interests. The other issue is the long-term damage...

Author: /time Magazine | Title: Asian Stock Markets: Betting Big on Recovery | 4/23/2009 | See Source »

A common refrain of revisionists is that Bush foolishly pursued “deregulation” by cutting taxes. They simply throw out the term “Bush tax cuts” followed by a non sequitur explaining why the economy is suffering. However, tax cuts are not deregulation...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

Sunspot activity may be a primary factor in climate fluctuations, according to Willie Soon, a researcher affiliated with the Harvard-Smithsonian Center for Astrophysics and the Harvard College Observatory, who offered the hypothesis in an interview with TG Daily, an online news source. Although many climatologists have cited increases in...

Author: By Eric W. Baum, CONTRIBUTING WRITER | Title: Sunspots May Cause Climate Fluctuations | 4/14/2009 | See Source »

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