Word: sichuan
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Olympic glory aside, 2008 will be remembered in China as a year of massive natural disasters. Between the crippling ice storms that left millions stranded during the Chinese New Year holiday last January and February and the Sichuan earthquake in May that killed 88,000, catastrophes touched a wide swath of the country and caused nearly $200 billion in damage - more than four times the previous year...
...amorous couples looking to rent a room for an hour for a romantic tryst. Last year, the home's owner, Chinese real estate tycoon and philanthropist Yu Panglin, announced plans to sell it for up to $13 million so he could donate the proceeds to victims of the Sichuan earthquake. But that caused an uproar among Bruce Lee fans, who feared a new owner would bring in the wrecking balls...
...when a prominent democracy activist has been jailed for signing a letter asking for competitive elections and openness in China, we are reminded that the country will be sculpted by ideological battles, not philanthropic organizations. Li would be more deserving of the apparent reverence heaped upon him by awestruck Sichuan people if he were to take a real stand and challenge the government for whom he has too often been the smiling glad-hander. In defining the ideal attributes of China's future leaders, TIME's purpose should not be to buff the sheen of uncontroversial celebrities, but celebrate...
...plummets, thousands of factories are being shut down and millions of workers are being thrown onto the streets. They will need jobs in the years to come, and the Chinese government is scrambling for an answer to Zhang's plaintive question as he prepares to return to his native Sichuan province: "What am I going to do after I get home...
...With export markets looking weak for the foreseeable future, China's leaders are placing their hope on domestic consumption. In November they announced a $586 billion stimulus package that included massive road-building projects and funding for reconstruction efforts in the earthquake-ravaged province of Sichuan. But questions remain about how much of that funding was taken from already existing projects, and how much will be dependent on provinces and state-run companies boosting their spending...