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Hong Kong may still be polluted, cramped and expensive, but somehow or other it continues to reinvent itself. Almost 10 years after the Brits returned Hong Kong to China, the city remains a top regional base for scores of international companies as well as a magnet for overseas capital. Foreign direct investment (FDI) in Hong Kong totaled $33.5 billion in 2005 (the most recent figures available). In Asia, only mainland China has attracted more FDI in recent years. Close ties to the booming mainland continue to drive the economy, which grew...

Author: /time Magazine | Title: Hong Kong Soars | 1/19/2007 | See Source »

...Chinese Special Administrative Region and former British colony whose economic demise has been trumpeted more times than Paris Hilton has hit a party. Hong Kong's air may be foul and its public-education system may lag that of competitors like Singapore, but somehow or other, it continues to reinvent itself. Almost 10 years after Hong Kong was returned to China by the Brits, the city remains a top regional base for scores of international companies as well as a magnet for overseas capital. Foreign direct investment in Hong Kong totaled $33.5 billion in 2005 (the most recent figures available...

Author: /time Magazine | Title: At the Center of the World | 1/18/2007 | See Source »

...very near future, the French have cordoned off their housing projects, sites of immigrant crime and anger. They're even contemplating a nuclear final solution to their problem. That's the pretext director Pierre Morel uses to reinvent the action film with gracefully soaring chases and grittily imaginative confrontations--no CGI, very little wire work, just a subtle, clever use of off-speed cameras and canny editing. The result is a movie that makes all its American competitors look klutzy and flat-footed. Maybe it isn't exactly art, but it sure is kinesthetically dazzling...

Author: /time Magazine | Title: 10 Best Movies | 12/20/2006 | See Source »

...going forward, you wouldn't have pressure from shareholders. But revenues are declining. On the positive side, the costs of newsprint are going down next year. But circulation will probably continue to decline at 1% plus per year going forward. That's why it's key for newspapers to reinvent themselves in terms of sources of revenue...

Author: /time Magazine | Title: Forum: the Future of Newspapers | 12/5/2006 | See Source »

...there's plenty of reason for cautious optimism. After trying to reinvent the technological wheel with the dangerous and temperamental space shuttle, NASA is returning to what it does best. The hardware and crew for the lunar base will be sent into orbit atop comparatively reliable, disposable boosters, based on the sturdy and powerful engines of the shuttle and long-extinct Saturn boosters. The lunar orbital vehicles will be souped-up Apollo command modules and the landers will be similarly updated lunar excursion modules - the lovable, buglike LEMs. Astronauts on Apollos 15, 16 and 17 already showed that lunar rovers...

Author: /time Magazine | Title: Promising the Moon | 12/5/2006 | See Source »

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