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...high of 40.5%. A chastened government launched a campaign to encourage natural childbirth, and the number of prenatal classes was also increased, allowing more women to learn about the pain-management techniques essential in vaginal delivery. "Overall, Korean women are much more educated about the issue," says Kim Jae Sun, an official at the government's Health Insurance Review and Assessment Service. But she also admits that the campaign was underfunded and haphazard. While the country has seen a drop in the cesarean rate, it is not a dramatic...

Author: /time Magazine | Title: The Labor Market | 3/20/2008 | See Source »

...period saw the second strongest bout of global growth on record - which translated into strong demand for cheap Chinese-made products. But this era may be ending. Most economists are predicting a significant slowdown in worldwide GDP growth in 2008. This slowdown, predicts Lehman Brothers economist Sun Ming-chun, will prove to be the "unmasking of [manufacturing] overcapacity in China." Says Li of the Asia Footwear Association: "The cake is only so big, and when you have too many people trying to eat it, you will definitely have some go hungry...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

...major retrenchment could have serious consequences for China's economy and society. The specter of legions of laid-off migrant workers roaming the streets in search of jobs is bound to keep Beijing's economic policymakers, who fear the political consequences of widespread social unrest, up at night. Sun, the Lehman Brothers economist, says as manufacturers are pushed to the brink, China's stock markets could see sharp declines. Given that many large, listed Chinese companies pad their profits by investing in stocks themselves, "a big correction could bring [corporate earnings] even lower, and a vicious cycle could result," says...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

...space exploration have always been the unmanned ships--and right now they're enjoying something of a golden age. The U.S. currently has no fewer than 11 interplanetary probes scattered about the solar system; five are orbiting, roving or approaching Mars alone, and the others are targeting Mercury, the sun, Saturn and numerous comets or asteroids. One probe is heading for a never before rendezvous with Pluto, a destination it won't reach until...

Author: /time Magazine | Title: Cosmic Flock | 3/20/2008 | See Source »

...higher-risk maneuvers. In May NASA's Phoenix Lander will set down in Mars' arctic region in search of water ice. And later this month NASA and the European Space Agency will retire their Ulysses solar surveyor after a 17-year mission that has reframed our understanding of the sun...

Author: /time Magazine | Title: Cosmic Flock | 3/20/2008 | See Source »

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