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...average I play 10 to 15 hours a week, max 30,” said Jason J. Wen ’05, an economics concentrator who plays at a $100 dollar...

Author: By Liz C. Goodwin, CONTRIBUTING WRITER | Title: Online Gambling Afflicts, Addicts Students | 10/19/2004 | See Source »

...swooped in with an offer that was reportedly 17% higher, and snatched the oil deal for China. "The Chinese are definitely very aggressive in the price they are willing to pay," says R.S. Butola, managing director of ONGC Videsh. Similarly, Vietnam's leaders recently complained to visiting Chinese Premier Wen Jiabao about CNOOC's intent to conduct seismic testing near the Spratly Islands in partnership with the Philippine National Oil Co. The Spratlys, a mostly uninhabited archipelago in the South China Sea, are believed to harbor commercial deposits of oil and gas, but sovereignty over the islands has long been...

Author: /time Magazine | Title: China's Quest for Oil | 10/18/2004 | See Source »

...great expense in trains and trucks. Beijing has for years lobbied its former Communist brother for a more direct link between oil fields in Russia and refineries in Daqing. The flow could supply as much as 15% of China's imports. During a visit to Moscow last month, Premier Wen Jiabao repeated China's entreaties but received no promises. In fact, Russia's only crude-oil supplier to China, the embattled Yukos, announced only days before Wen's arrival that it would cut off shipments to China. The move seemed designed to embarrass the Kremlin, but it underscored China...

Author: /time Magazine | Title: China's Quest for Oil | 10/18/2004 | See Source »

...today, it doesn't have the hardware. That may be changing. Last week, Lee Wen-chung, chairman of the defense committee in Taiwan's legislature, disclosed that the island was developing missiles that could reach Chinese cities. "Taiwan has the technology and capability to develop a medium-range missile program, which is supported by a secret government budget," Lee told TIME. "We've entered the test-fire phase and may be able to begin mass production in two to five years." In a statement last month, Premier Yu Shyi-kun made it clear that Taiwan would use the missiles...

Author: /time Magazine | Title: Up in Arms | 10/4/2004 | See Source »

...between the two men. The original image, published in the state-run Oriental Outlook magazine in the last week of August, shows Hu shaking hands with Deng in 1992 while Jiang stands behind them, as if giving introductions. But in the other two photos, which appeared in Shanghai's Wen Hui Bao newspaper on Aug. 13 and in a set of pictures celebrating Deng's centenary, Jiang has vanished. At least one of the doctored photos was released by the Xinhua news agency?which implies either official complicity or a massive goof. Either way, "it can only be embarrassing...

Author: /time Magazine | Title: A Disappearing Act | 9/6/2004 | See Source »

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