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...China's official reaction denouncing the comments was predictable. Bush?s comments put him on a slippery slope, because they diverge from the "strategic ambiguity" tack that has defined the relationship for Washington all these years. Republican and Democrat administrations - including President Bush's father - have since Nixon's opening to Beijing embraced "strategic ambiguity" on Taiwan...

Author: /time Magazine | Title: Why Bush Comments Frighten Beijing | 4/26/2001 | See Source »

...Maybe you've heard we're worried about the economy these days, and that consumers - who account for two thirds of U.S. economic activity - are the ones who have to save us. Consumer confidence is already on a slippery slope, having dropped in six of the past seven months. Retail sales are off, unemployment is up, and whether or not the Fed's continued rate-cutting can provide sufficient reassurance to get the stockbrokers back in off the ledges, the average American will almost certainly be watching his wallet very carefully this summer. How carefully could be the difference between...

Author: /time Magazine | Title: The Pump and the Slump | 4/25/2001 | See Source »

...await them in 1918 or 1945 - a world destroyed. Today the Chinese know, and so do the Americans; they can look into the crystal with dvd clarity. Great fear breeds great caution, hence the kind of wariness that made both sides stop at the very top of the slippery slope that opened before them in Hainan. All's well that ends well? By no means. China will keep pressing, and the U.S. will keep pressing back. Crises will recur - perhaps all the way to a new cold war. But remember how the first one ended: with a whimper, not with...

Author: /time Magazine | Title: Viewpoint: The Fading Red Label | 4/23/2001 | See Source »

...Certainly the curve has a steep slope from 1960 to 1970, even taking the 1966-1967 discontinuity into account. But black students did not appear in significant numbers on the Harvard campus until 1970, and the period from 1970 through 1985 was the only 15-year period in the past 80 years in which there was no increase in grades at Harvard...

Author: By Harry R. Lewis, HARRY R. LEWIS | Title: The Racial Theory of Grade Inflation | 4/23/2001 | See Source »

...Hold on!" yells Rhonda Stelmach as she guns her four-wheeler up a hill on her 300-acre ranch near Boerne, Texas. Limestone rocks fly as the ATV chews up the steep slope. Ahead of her, a pair of African gemsbok antelope are running. At the summit, she pauses to drink in the view--and the silence--while the gemsboks peer at her from behind a live oak. "It was their hill before, but now we all share," she says, pointing out the sable and red lechwe antelope hiding nearby...

Author: /time Magazine | Title: Texas Range Rovers | 4/23/2001 | See Source »

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