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...wait for China to put too many of its state assets on the block. It still limits foreign participation in anything it considers sensitive. Foreigners may own only 50% of domestic auto plants, for example, and they aren't allowed to buy outright a Chinese insurer, bank or brokerage. In addition, most state enterprises structure their listings so that shareholders never exert real control. A plum company like PetroChina, for instance, is immune to shareholder meddling because only about 10% of its shares are listed overseas...

Author: /time Magazine | Title: Trouble Brewing | 5/10/2004 | See Source »

...adviser: "It's not like he's trying to shade the truth. He overintellectualizes his explanations." Asked by TIME in a March interview whether the Iraq war would be worth the costs if no weapons of mass destruction were ever found, Kerry replied, "No, I think you can still--wait, no. You can't--that's not a fair question. You can wind up successful in transforming Iraq and changing the dynamics, and that may make it worth it, but that doesn't mean [transforming Iraq] was the cause [that provided the] legitimacy to go." Kerry may in fact...

Author: /time Magazine | Title: What Kerry Means To Say... | 5/10/2004 | See Source »

Though the company is trying to shed its arrogant, customer-unfriendly image by providing road maps to new software releases, its biggest product of all isn't playing along. The next version of Windows, code-named Longhorn, has been delayed so much that it has acquired the nickname Long Wait. Gates recently warned that we would have to cool our heels until 2006 before we would see it--five years after the release of Windows XP--and even that date isn't certain. "We'll ship it when it's ready," says Neil Charney, director of product management for Windows...

Author: /time Magazine | Title: Is Microsoft A Slowpoke? | 5/10/2004 | See Source »

...selling for $2.99 a four-pack exclusively at Giant Eagle supermarkets. This is the first time Campbell's has deviated from its red-and-white label since it was introduced in 1898. And with a run of 300,000 cans, each with a copy of Warhol's signature, just wait. Pretty soon tomato soup will be for sale on eBay. --By Kate Novack

Author: /time Magazine | Title: Style: Tomato Soup With a Side Of Pop Art | 5/10/2004 | See Source »

Pregnancy and childbirth are not diseases; they are just the beginning of a long and demanding but rewarding adventure. Nothing in your kid's life will be predictable. If you're not willing to wait for your baby to be delivered naturally instead of by C-section, you're not ready to be a mother. You won't be able to schedule your life after the baby is born. CHANTAL ROUDIER Marseilles

Author: /time Magazine | Title: Letters: May 10, 2004 | 5/10/2004 | See Source »

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