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...Kang Shifu) has been gracing the packets of instant noodles since the early 1990s, and is the creation of Tingyi, a company that chairman Wei Ing-chou built out of his parents' edible-oils firm in Taiwan's rural Changhua county. Thinking that mainland China's rapid development would boost demand for the kind of quick, cheap meals that workers would fill up on during factory breaks or after a punishing shift, he decided to cross the Taiwan Strait and set up a factory in Tianjin in 1992. The timing was perfect. Master Kong is now the world's largest...

Author: /time Magazine | Title: Follow the Leaders | 3/8/2010 | See Source »

...more African exchange students are attending Chinese universities. A flotilla of Chinese warships is part of an international operation attempting to curb piracy off the shores of Somalia. "This discussion of Zheng He is being carried out in China at a higher and more expensive level not just to boost the glory of his personal story," says Barry Sautman, a specialist on China-Africa relations at Hong Kong University of Science and Technology, "but as a particular cog in China's projection of itself into Africa...

Author: /time Magazine | Title: Searching for Zheng: China's Ming-Era Voyager | 3/8/2010 | See Source »

After years of watching Europe's single currency appreciate against the U.S. dollar, European companies are rubbing their hands at the sales boost they should get from the euro's 10% decline against the greenback in recent weeks - a slide that may not yet be over. "After so much protest about the strong euro, I know there are big French exporters out there who aren't unhappy seeing it where it is now," French Economy Minister Christine Lagarde told Europe 1 radio in late February, just days before the euro's exchange rate to the dollar dropped another cent...

Author: /time Magazine | Title: Europe Looks to Export Boost from Weak Euro | 3/5/2010 | See Source »

...gave me a boost,” Flores said. “During times like this, when for some reason all of my papers are due at the same time, it is nice to have a break like this...

Author: By Devon M. Newhouse, CONTRIBUTING WRITER | Title: Students Offer Backrubs To Bust Stress | 3/4/2010 | See Source »

...potion to revitalize its creaking economy, but it may have to settle for something less dramatic. On Wednesday, the European Commission will unveil a 10-year plan outlining the first tentative steps toward forming a common economic policy. The "Europe 2020" strategy is being touted as a way to boost competitiveness and growth over the next decade. Skeptics, however, warn that it is no better than a placebo for the curmudgeon European patient...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

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