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...economic policymakers will have to juggle how to control the property market for consumers like Chen without debilitating it or harming the overall economic recovery. "While the authorities aim to contain property-price increases, they are highly mindful of the importance of stability in the sector, as it bears upon consumption and employment," Jing Ulrich, managing director of China equities for JPMorgan, wrote in a research note. It's a tricky balancing act. But it's a task the other countries still struggling to emerge from the global downturn would envy...

Author: /time Magazine | Title: Amid Recovery, China's Property Market Soars | 1/21/2010 | See Source »

...circles. For once, it's the spectators who will be taking a turn. For his new show, Darshan, running through June 2010, Bartabas has completely transformed the Zingaro arena, hitherto evocative of an Elizabethan theater-in-the-round. Now it is the audience that is at the center, arranged upon a pyramidal seating structure. Encircled by a riding track and massive screens upon which shadows are projected, the structure gently rotates throughout the show, the public in effect becoming captives at the center of an ever turning galaxy of dreamlike, equine imagery...

Author: /time Magazine | Title: Darshan: A Fabulous Equine World | 1/20/2010 | See Source »

Perhaps you have never heard of architectural tourism, but an upscale desert enclave in California banks on it. From Feb. 12 to 21, thousands of building and design freaks from as far away as Japan and Australia will descend upon Palm Springs for Modernism Week, modernismweek.com. This 10-day celebration of mid-20th century design runs the gamut from the kitsch (a vintage Airstream trailer show, tours of Elvis' UFO-like honeymoon house) to the academic (lectures on torn-down masterpieces and architects of yesteryear) to the starstruck (movies at Frank Sinatra's former home, wine and cheese...

Author: /time Magazine | Title: People Who Live in Glass Houses | 1/20/2010 | See Source »

...concept for the two-year-old retreat came to South African and Shanghai expat Grant Horsfield who, while on vacation in Vietnam, realized the need for a rustic escape from life and work in China's financial capital. Horsfield teamed up with Briton Gabriela Lo, who shortly after stumbled upon a decaying Moganshan village (the youngest resident was 61 years old). "Once I found the village," Lo says, "I thought, This is it." After initial skepticism from the locals, Naked leased six of the village's 18 houses and now employs nine of its 14 residents...

Author: /time Magazine | Title: Run to the Moganshan Hills | 1/20/2010 | See Source »

...Upon arrival, guests are taken on a "decompression walk" and encouraged to spend a few minutes in awe of the scenery, "just to appreciate where we are," says Doug Lapuc, resident manager. Activities include cycling, bass fishing and mountain hikes. But Naked Retreats' best feature is serenity. Visitors can wander through dewy tea plantations and bamboo forests, or swim in a reservoir to the buzz of cicadas. Accommodations are basic - the wooden floors creak and there's no air-conditioning - but bungalows come with Western-style kitchens, flat-screen TVs and wireless Internet. See nakedretreats.cn...

Author: /time Magazine | Title: Run to the Moganshan Hills | 1/20/2010 | See Source »

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