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...years has led a great wave of globalization during which the mainland's once small and isolated economy became much bigger and deeply integrated into global commerce - making it more exposed to the business cycles of its big trading partners like the U.S. "The huge elephant in the China shop is the slowing global economy," says Merrill Lynch Asia economist T.J. Bond, who cites an obvious reason: China's manufacturing sector, which accounts for 43% of China's GDP, depends heavily upon sales to the West. Some 40% of China's exports go to the U.S. and Europe, and with...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

...Many experimental musicians started with rock, before slowly abandoning it for the freedom and creative space that is experimental music," says Lao Yang, the owner of Sugar Jar, a tiny record shop in Beijing that serves as the epicenter of this burgeoning avant-garde. Michael Ohlsson, a Shanghai-based music promoter, speculates that musicians are being drawn to the experimental scene because the music being produced is a purist's form and often has no lyrics. As such, it is far less likely to offend officialdom than, say, punk, which tends to be much more verbose, socially engaged and populist...

Author: /time Magazine | Title: Come On Feel the Noise | 10/23/2008 | See Source »

...debate about the Charlesview development is a debate about alternative visions for Allston,” he said. “One vision is an integrated community where town and gown live, shop and work side-by-side. Another is one in which the community is segregated, town from gown, with the hope that ‘connections’ and intersections’ will somehow mitigate the planned segregation...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: Harvard Profs Weigh in on Charlesview Design | 10/21/2008 | See Source »

...performance.The computer glitch proved providential for the opera’s singers. One imagines the backstage panic: “Look, folks, the supertitles are out! The audience will not know what’s happening if you continue to move about like flannel-wearing robots at a sausage shop. You must act! Act, by Gott!” And act they did. Under pressure and in undesirable circumstances, the singers began to gesture and express and emote as they hadn’t done before, and, paradoxically, the story became easier to understand than it had been...

Author: By Michael A. Yashinsky, CRIMSON STAFF WRITER | Title: Opera Boston Misses Its Mark with ‘Der Freischütz’ | 10/20/2008 | See Source »

...hits in economic hard times because they incur the production costs of keeping a company running. Paul Abrams, a spokesman for Roto-Rooter, the nation's largest plumbing and drain service provider, says he has seen evidence of that. "We've had some people who owned businesses close up shop and come work for us," Abrams says...

Author: /time Magazine | Title: How Much Do Plumbers Really Make? | 10/17/2008 | See Source »

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