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...extremely good aspects, such as a booming economy and increased opportunities for young people, but also bad sides, like Internet censorship and peasants' and laborers' poorly protected rights. China's leaders must be made to understand that democratic reforms are urgently needed. Not only is China's peaceful rise an aspiration of 1.3 billion Chinese, but it will be good for the rest of the world too. Kou Qin Augusta, Georgia...

Author: /time Magazine | Title: Letters | 2/1/2007 | See Source »

...such heady optimism. That unquestioning faith in the ability of China's soaring stock market to defy gravity has become worryingly common among Chinese investors-so common that market observers and government officials are warning that a market correction might be on the way. Emboldened by a 130% rise in the Shanghai Composite Index last year-which made Shanghai one of the best-performing exchanges in the world-starry-eyed speculators and first-time punters like Du have been storming into Chinese stocks, ending the market's five-year slump and in recent weeks pushing daily trading volumes...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

...Plenty of stock analysts and fund managers disagree, arguing that prices are simply keeping pace with China's remarkable economic rise. The country's GDP grew 10.7% last year, the highest rate since 1995. But the bulls are increasingly being drowned out by those who see the kind of reckless speculation that often occurs in overheated markets. Beijing officials, worried there could be another Chinese market meltdown like one in 2001 that soured the public on stocks for years, are sounding the alarm. On Dec. 30, Cheng Siwei, a vice chairman of the National People's Congress, cautioned investors against...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

London's continued rise is by no means assured, of course. Efforts to unclog its congested transport network are long overdue, and Wall Street may be reenergized when proposals aimed at making it cheaper for firms to comply with Sarbanes-Oxley come into force, perhaps as early as this year. And consolidation among other exchanges - the New York Stock Exchange's $14.3 billion deal with pan-European operator Euronext is just one of a string of mergers in recent months - could make it tougher for the lse to stay ahead. For now, though, with two dozen of Broadgate Tower...

Author: /time Magazine | Title: The New Capital of Capital | 1/31/2007 | See Source »

...McGrath’s Ball and the Busters remained in last place, despite two great efforts by Crimson center Brian Cusworth. Unfortunately, Cusworth has played his last Ivy game, and it looks like the Ball and Busters won’t have much more of an opportunity to rise with one of their best players gone...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Week 4 Ivy Fantasy Hoops Standings | 1/31/2007 | See Source »

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