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...expands overseas, hoping instead to ride the growing influence of Chinese culture. Jay Li, the general manager of Li Ning USA, predicts that as Chinese soft power expands, China's tastes "will become part of the fabric of mainstream culture." Says Li: "When the tide starts to turn, we want to be one of the brands to bring a new, modern China to the rest of the world...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

Treasury Assistant Secretary Michael Barr says the principal-reduction program is voluntary, not mandatory, and that there's no guarantee homeowners will not default on the new refinanced loans. "We don't want to be overly optimistic about that," said Barr during a briefing on Friday. "Modifications are hard - they're done for people who are struggling with their mortgage, and so you expect a lot of people not to make it - and a lot of people won't make it." However, he says two-thirds of the people in the government's present loan-modification program are current...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

...ideologically inconsistent. The biggest complaint has been Sarkozy's "opening" policy of extending Cabinet positions and élite administrative appointments to officials on the left. The President says he is trying to take a bipartisan approach, but right-wingers grouse that he is giving opponents spots they want for themselves. Conservatives have also resisted Sarkozy's ecology-minded tax on carbon emissions and his radical reform of local governing bodies...

Author: /time Magazine | Title: French Election Fallout: Trouble Ahead for Sarkozy | 3/25/2010 | See Source »

...Most female astronauts in the U.S. and other countries don't have children not because of the adverse effects of spaceflight but because they have intentionally delayed getting pregnant. Female astronauts who want to have kids tend to put it off early in their careers because of unpredictable flight schedules and because much of their training is forbidden if they're expecting. "Most prefer to get at least one spaceflight in before pregnancy," says Jennings, and are approaching their early 40s by the time they begin trying for children, when the risk of genetic defects and miscarriage is much increased...

Author: /time Magazine | Title: China's Female Astronauts: Must Be a Married Mom | 3/25/2010 | See Source »

...much interest to China, whose one-child policy demonstrates the nation's ongoing commitment to curbing - not encouraging - population growth. Beijing, it seems, is not so much concerned with disrupting family planning - if it were, it might consider astronaut applications from women who are certain they do not want children or broaden the prerequisite to include spacemen - but with the image of the women it recruits to represent it on the galactic stage. In China, being a married mother is, arguably, as much a mark of excellence as sweet-smelling breath or a cavity-free dental X-ray. "Chinese culture...

Author: /time Magazine | Title: China's Female Astronauts: Must Be a Married Mom | 3/25/2010 | See Source »

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