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...Hong Kong's port operations, too, have evolved to complement its neighbor, says Michael DeGolyer, a professor at Hong Kong Baptist University who has studied relations between the city and its mainland economic hinterland. "What Shenzhen ports have been doing is straight-through shipment," DeGolyer says. "You fill a full ship with Wal-Mart stuff, and it goes straight to the U.S." That has left Hong Kong's port - which is managed by Hutchison Whampoa, the same Hong Kong conglomerate that operates Shenzhen's - to concentrate on more logistically complex operations, including breaking down containers for shipment to multiple destinations...

Author: /time Magazine | Title: Beijing's Brokers | 1/17/2008 | See Source »

...Tourism It's customary now for cities to use the arts as an engine of growth. Dallas is in the process of completing a whole arts district. Abu Dhabi is planning a vast one. But long before there was a Bilbao effect - the revitalization of that scruffy Basque port by Frank Gehry's Guggenheim Museum there - New York had learned to use a cultural institution for urban renewal. In the 1940s and '50s, large areas of Manhattan's Upper West Side were slums, the turf of the warring street gangs that Leonard Bernstein made famous in West Side Story...

Author: /time Magazine | Title: Culture Club | 1/17/2008 | See Source »

...Christmas. While I admire 10 Questions subject Richard Branson as an adventurer and businessman, I think you overdid it with the picture. Branson looked like a Western vision of Christ: long, flowing hair; beard; eyes raised to heaven. All he lacked was a crown of thorns. Gerald White, PORT ORCHARD, WASH...

Author: /time Magazine | Title: Leading Russia into the Future | 1/16/2008 | See Source »

...estimated 120,000 jobs will be lost in Mombasa between now and March 2008, according to the Kenya Tourist Board; 80% of the town's residents rely on tourism for work. Mombasa is home to east Africa's largest port, and is traditionally a hub for holiday travel. But, with the decline in tourist arrivals, Kenya's national airline says that it will be forced to limit capacity on its domestic flights to cut costs. Flights from the Kenyan capital, Nairobi, to Mombasa will be reduced by 1,200 seats, according to Kenya Airways...

Author: /time Magazine | Title: Where Have All the Tourists Gone? | 1/16/2008 | See Source »

...months ago when I walked down the narrow alleyways of Mombasa, I never would have imagined that this sleepy city could turn into the war-zone that it is today. But, since the rigged December 27th presidential elections, violence has swept over Kenya from the port city of Mombasa to the slums of Nairobi. By comparison to some of its East African neighbors, Kenya has been an example of peaceful democracy. Nevertheless, Kenya’s current unrest is the legacy of its failure to address historical injustices and is a sad reminder of the virulent resentments that longstanding inequalities...

Author: By Megan A. Shutzer | Title: Restoring Credibility in Kenya | 1/14/2008 | See Source »

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