Word: state-run
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...congress in November--will instead cling to power, holding on to the party position, as well as that of military chief. Over the summer, Jiang's staff organized a petition campaign in the provinces to get him to stay; suddenly a spate of pro-Jiang stories appeared in the state-run press, and now the evening news features nightly reports of people all over China studying Jiang's ideas. Jiang's real plans are unknown, and China watchers are resorting to a kind of East Asian Kremlinology to guess what's coming. One theory is that Jiang's supporters...
...make it any easier for the Japanese to apologize. Dwelling on memories of wartime atrocities wins the Communist Party more public support than they might hope for by reconciling differences with Tokyo. Shopworn black-and-white propaganda movies featuring evil Japanese heavies still get prime-time slots on state-run TV; variety shows produced for state media commonly offer renditions of a wartime ditty, Broadsword March, with its famous opening line: "The broadsword is chopping off the heads of the Japanese devils...
...telecommunications magnate, refused to comment on the cheating scandal. State-run television channels and Thaksin's ITV network didn't mention it, either. Yet things will probably turn out all right for Panthongtae. Technically, he is already Thailand's richest man because Thaksin placed his multibillion dollar fortune in a trust in Panthongtae's name before entering politics. If only dad could give him some help boning up on political science...
...with China. A Taiwanese Defense Ministry official said the naval exercises had been called off to avoid misunderstandings. China was angered by President Chen Shui-bian's suggestion that, in reality, Taiwan and China were already separate countries. An unnamed "senior military source" warned in the China Daily, a state-run newspaper, that Chen might risk invasion if he pressed ahead with a referendum on Taiwan's independence. China regards the island as a rebel province...
...interests ranging from real estate to palm oil to telecommunications. Lately, the Bakries have experienced difficulty raising capital due to the underperformance of the conglomerate as a whole. When Bumi Resources needed $150 million to buy Indonesia's second largest private coal company, it received it from the state-run workers pension fund?Jamsostek?and the country's largest bank, Bank Mandiri. A businessman intimate with the deal says Taufik supported Bumi's funding requests. Not so, says a spokesperson for the Bakrie Group of companies, and when asked about the transaction, Taufik told TIME: "I don't have...