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...around Shanghai, jabbering on his cell phone and muttering under his breath, Yang Jinyu seems an unlikely real estate mogul. But when the government asked him to move out of his central Shanghai home so that the land it was on could be sold for redevelopment, he took the compensation payment and bought an apartment on Shanghai's outskirts. Eight years later, after cleverly parlaying that first asset, the cabbie owns three apartments in the city and has his eyes on something bigger: a lovely five-bedroom, riverfront suburban house, owned but never occupied by a coal magnate from Shanxi...
...outbreak" in Beijing in 2003. In fact, the cover-up was revealed by Jiang Yanyong, a courageous Communist Party doctor whose statement on the subject was first published in TIME. The Naisbitts' claim that Hong Kong people "never really demanded" democracy is also nonsense, given the massive demonstrations that took place in 1989 and 2003, and opinion polls that consistently show that most Hong Kong people are in favor of it. (Read "China at 60: The Road to Prosperity...
...result is a company that's able to produce profitable content on a scale that traditional news organizations can only envy. Demand estimates that it took in $200 million in revenue in 2009, enough to turn a profit. It helps that none but the company's most prolific content creators get health insurance or, for that matter, a minimum hourly wage. Critics have dubbed the company a digital sweatshop. Jay Rosen, a journalism professor at New York University, has called Demand "demonic," and many writers prickle at the thought of being paid a few cents - rather than a few dollars...
...latest attempt to win over congressional naysayers and push his signature policy initiative over the finish line, President Obama took to the stump March 8 to tout the Democrats' proposed health care overhaul with some of his signature "Yes, we can" fire. "They've argued now is not the time for reform," he said of his critics, slamming analysts who say a push for health care could come at the expense of the Democratic majority in the November elections. "My question to them is: When is the right time? If not now, when? If not us, who?" Obama also...
...latest clash in a decades-long sectarian rift resulted in the March 7 massacre of several hundred Nigerians, including unarmed women and children. The killings took place mainly in villages around Jos, a city that sits on a cultural fault line that runs between the Muslim north and Christian south. Conflicts between the two groups have killed thousands over the past decade. This time, the dead were mainly Christians, targeted in retaliation for some 300 Muslim deaths near Jos in January...