Word: photoessay
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...Passenger car sales surged 76% in October from a year earlier, while overall retail sales jumped 16.2%. Such spending has contributed to China's robust recovery from the global economic crisis. Gross domestic product grew a hefty 8.9% in the third quarter from a year earlier. (See TIME's photoessay "The Making of Modern China...
...that Chinese consumers may be spending more, but not nearly enough to ensure sustainable growth for the Chinese economy down the road. "The consumer revolution already has been happening, but it could be much, much better," says Yuwa Hedrick-Wong, an economic advisor to MasterCard Worldwide. (See TIME's photoessay "Mass Transit: The Best-Selling Cars in China...
...been boosted by tax breaks and China's own "cash-for-clunkers" program. Xu Zhanrong's Wuling minivan sales have been helped along by a special 10% rebate offered on certain vehicles to residents of rural areas, who make up a majority of Xu's customers. (See TIME's photoessay "China Rebuilds.") (See TIME's photoessay "China's Electronic Waste Village...
With reporting by Chengcheng Jiang / Xi'an (See TIME's photoessay "China Rebuilds.") (See TIME's photoessay "China's Electronic Waste Village...
...will not return." But while he supports the travel ban, Azel recognizes the views of the old guard are changing. "Exiles themselves have changed," he says. "They have moved from a bellicose military approach and understand that now they must come at it from political processes." (See a photoessay about an artist expressing Cuban life...