Word: yuan
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...haven't these countries' currencies been gaining on the dollar? Because their governments won't let them. China's dollar peg, established in the mid-1990s, is often portrayed in the U.S. as a mercantilist attempt to sell more stuff here (if the Chinese yuan is cheap relative to the dollar, imports from China are cheaper too). But there's much more to it than that: by reining in the often pointless fluctuations of currency markets, countries can bring stability and encourage trade...
SHANGHAI With China's largest banknote only 100 yuan ($13), shoppers turn to this roomy Salvatore Ferragamo wallet...
This TIME Style & Design poll of 411 affluent Chinese respondents was conducted through personal interviews in June 2007 by GfK Roper at 54 different locations in Shanghai, Beijing and Guangzhou, including upscale shopping malls, boutiques, hotels, luxury-car dealerships and fitness clubs. Respondents made at least 15,000 yuan a month. The margin of error...
...underscored last year when Beijing's deputy mayor Liu Zhihua was arrested for what the official media described as "corruption and degeneracy." As a consequence of the rebuilding, a medieval city largely unchanged since it was formally laid out by Mongol conquerors as the capital of the new Yuan dynasty in 1267 has all but disappeared. Until the 1990s, the hutongs had been virtually untouched. Now only about 1,000 of some 6,000 remain...
...blind lawyer Chen Guangcheng, who is serving a four-year sentence ostensibly for disrupting traffic but almost certainly because of the embarrassment he caused the government of Shandong province by publicizing cases of forced sterilizations and abortions by family-planning officials. After escaping from house arrest in Shandong, Yuan Weijing spent nearly a month holed up in Hu's apartment, fearful of being kidnapped and forcibly returned home by the carloads of policemen who stationed themselves outside. Last month Yuan attempted to fly to Manila to receive an honor given to her husband by the Ramon Magsaysay Award Foundation...