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...decade Deng Xiaoping had reignited domestic economic reforms and China had normalized its place in the world after its post-Tiananmen isolation. Politics, however, remained frozen and the heavy hand of the state remained evident. Only during the present decade, in the waning years of Jiang Zemin's rule and under Hu Jintao, has the Communist Party begun to experiment with very limited political reforms. My discussions with those party officials involved with crafting the "democratic" reforms makes clear that there are strict boundaries to how far they will proceed...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...Chinese intellectual life has also improved, although over time this remains one of the real dark spots of Chinese communist rule. For six decades intellectuals have been persecuted, harassed and forced to conform and create within various boundaries set by the state. They continually probe the boundaries - until the state pushes back. Despite continuing controls, public and private discourse in China has never been so free. The blogosphere and Internet are alive with unbridled discussion - unless and until it crosses the state censor's invisible hand. (Read "Avoiding Censors, Chinese Authors Go Online...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...Ariane Obolensky, managing director of the French Banking Federation. But the tide is against such critics. As Stark of the ECB put it in a speech this month, "the simple statement that 'if banks are too big to fail, they are probably too big to exist' is a reasonable rule." The postcrisis financial system, he predicted, "will probably place greater emphasis on traditional banking activities, which tend to produce lower margins, but are also more robust, less risky and less volatile...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

...their children. Researchers define corporal punishment as physical force intended to cause pain - but not injury - for the purpose of correcting a child's behavior, not simply hurting him. Studies have shown that very few parents who use corporal punishment also beat their kids, but Straus can't rule out the possibility that his data are confounded by the presence of child abuse, which past research has shown to affect victims' development...

Author: /time Magazine | Title: Kids Who Get Spanked May Have Lower IQs | 9/26/2009 | See Source »

...troops that went into Afghanistan. At the time what was said and the measures takes were different than what is said and done now. At the time, it was supposed to be one of the intentions to contend terrorism not for a group of people to come and basically rule over the Afghan nation. The deal was come and go, not come and stay...

Author: /time Magazine | Title: TIME's Interview with Iranian President Mahmoud Ahmadinejad | 9/25/2009 | See Source »

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