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...clothing for overseas markets, the kind of industrial activity that underpinned China's economic miracle and made Shanghai and Shenzhen wealthy. Total international trade represents a mere 18% of Xi'an's GDP, compared with 160% in Shanghai. Xi'an is being built instead on the burgeoning spending power of its own consumers, and on the expansion of Chinese companies churning out products for Chinese. "The domestic market will be the leading reason for China's future development," says Chen Baogen, Xi'an's mayor. "Xi'an is different from the coastal cities." (See pictures of the making of modern...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...similar reasons. Unlike on the coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the semiconductor industry, opened a solar-power research center in Xi'an, part of a $250 million investment in the city. The facility, unique to Applied Materials' global operations, will house solar-cell production lines to devise new ways of bringing down the costs of manufacturing panels. Though the results can be utilized in factories anywhere, the center...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...fighters to think of laying down their arms might be the easiest part of a new approach. They also need to believe they will be safe if they do so. Many Taliban foot soldiers joined the movement simply because they ended up on the wrong side of a local power equation. As with Jameel in Wardak province, affiliation with the Taliban offered them protection. So if they are going to disarm, they need to be confident that the side they are joining will stay and win - otherwise, desertion could be a death sentence...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

...with approval among Afghans. "There are many capable people in the Taliban ... [who] can be an asset [to the government] if they agree to lay down their arms," says Haleem Fidayee, governor of Wardak province. To many, the Taliban are no worse than the warlords who preceded them in power. Several such warlords are now serving in Karzai's Cabinet. If they can be brought into the tent, the reasoning goes, why can't the Taliban leadership? "If you want to get important results, you have to talk to important people," says Talatbek Masadykov, director of political affairs...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

...hair has always belied its sincerity, backed Lou Reed, Ray Davies and Ozzy Osbourne on two songs each, with impressive seriousness. Lead singer James Hetfield screamed, "Now that's rock 'n' roll!" after the Kinks' "You Really Got Me," and he sounded like a man who had discovered its power anew...

Author: /time Magazine | Title: School of Rock | 11/30/2009 | See Source »

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