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...world's most open economy, according to U.S.-based think tank the Heritage Foundation; one with low taxes, a mature legal system and international standards of corporate transparency and regulation. The mainland, for all its explosive growth, remains hamstrung by corruption and a centrally planned economy. Beijing has taken slow, measured steps to open its financial markets, but obstacles remain. Because China's currency, the yuan, is nonconvertible, capital can't flow freely between Hong Kong and the mainland. And Chinese officials recognize that a flood of mainland money could disrupt Hong Kong's markets. Last year, Chinese authorities cracked...

Author: /time Magazine | Title: Beijing's Brokers | 1/17/2008 | See Source »

...China has resisted foreign pressure for faster appreciation of the yuan out of concern that such action will slow the economy and reduce employment. But policymakers also know their stance is fueling trade frictions and that exchange-rate appreciation is not always bad for job creation. A stronger currency could ease the trade surplus and fight domestic inflation. It could also help the country reduce its reliance on low-end manufacturing; a mightier yuan would encourage the development of higher value-added businesses and service industries, which have lagged manufacturing but hold greater promise for long-term job creation...

Author: /time Magazine | Title: Finding the Right Balance | 1/17/2008 | See Source »

...good news is that these blood-sugar spikes and crashes are easy to regulate. Blood sugar will rise and fall quickly if, for example, a person eats an easily digested meal of only white bread. Eat some vinegar with the bread, however, and the impact is dampened: The vinegar slows digestion, helping to keep blood-sugar levels more even. The same thing happens if a person takes his bread with nuts or with a glass of wine. (The dampening effect of alcohol reverses after more than a couple units, which may help to explain why moderate drinking, but not heavy...

Author: /time Magazine | Title: One Meal to Good (or Bad) Health | 1/15/2008 | See Source »

...showcased his considerable talent in a self-choreographed piece to Jeff Buckley’s “Hallelujah.” Kuperman successfully incorporated stunning jump sequences into the slower choreography and seamlessly moved to and from floor work in a way that the other slow jazz pieces could...

Author: By Rachel M. Green, CRIMSON STAFF WRITER | Title: ‘Too Darn Hot’ Warms Up Lowell Lecture Hall | 1/14/2008 | See Source »

...winter training regime. “We’ve been struggling with the weather for the past week or so,” Teng said. “The conditions have been really slick and not conducive to effective training.” However, the circumstances did not slow down the team. Freshman Margie Thorp finished 52nd in the giant slalom event. Freshman Brad Alvarez also completed in two giant slalom runs despite injuring his shoulder in training on Saturday. Kinner recorded the best finish for the team with 32nd place. In spite of the weather conditions...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Skiing Kicks Off At Bates Carnival | 1/13/2008 | See Source »

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