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...inner ring road, and the North-to-South Elevated Expressway cutting through downtown. About 20% to 30% will derive from a joint venture that makes chassis, front suspensions, rear axles, steering and shock absorbers for the Shanghai Volkswagen Automotive Co. The third revenue stream is produced by Nanyang Bros. Tobacco Co., a Hong Kong manufacturer of the popular Double Happiness cigarettes, which last year had sales of $141.6 million. Responsible for as much as 80% of SIHL profits in 1996, Double Happiness will contribute only 20% to 30% this year. The decline is actually good news. It stems not from...

Author: /time Magazine | Title: A TOUCH EXOTIC | 9/29/1997 | See Source »

...public event. The Clinton Administration, after all, has fine-tuned an Oprah-style culture of public emoting. And emote they did. Mom shopped for supplies with Chelsea; Bill packed and then carried boxes. Last Wednesday, as Clinton was working on answers for questions on the tobacco settlement, spokesman Mike McCurry told him to prep for Chelsea questions as well. The President winced and asked, "Do I have to?" Then Al Gore asked, "So, are you doing O.K.?" Clinton replied, "I'm trying...

Author: /time Magazine | Title: DON'T LOOK, IT'S CHELSEA CLINTON | 9/29/1997 | See Source »

...darkest mysteries of Congress: who was the mastermind behind the biggest heist of the year--the delivery of a $50 billion tax break for tobacco companies? Now a prime suspect has emerged: former Republican National Committee chairman Haley Barbour. Two Republican Party officials told Time last week that Barbour, now a millionaire tobacco lobbyist, had gone to House Speaker Newt Gingrich and majority leader Trent Lott and persuaded them to slip a giant gift to his clients into the must-pass balanced-budget agreement just minutes before it was inked. For weeks it looked as if the two g.o.p. leaders...

Author: /time Magazine | Title: WHERE THERE'S SMOKE... | 9/29/1997 | See Source »

...survey, the first part of a long-running, $25 million study, interviewed 20,000 teenagers. It found that kids who have a strong sense of connection to their parents were less likely to be violent or indulge in drugs, alcohol, tobacco or early sex. And feeling close to teachers is by far the most important school-related predictor of well-being...

Author: /time Magazine | Title: HERE'S A PRECIOUS MOMENT, KID | 9/22/1997 | See Source »

...Weld got a severe case of inner-Beltway butterflies, causing him to throw in the towel against Jesse Helms. The President himself got an attack of parental nerves as Chelsea left for Stanford; so distraught was her dad that he had to lean on something extremely soft ? like the tobacco settlement...

Author: /time Magazine | Title: TIME's Weekend Review | 9/20/1997 | See Source »

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