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...Morris Chang is living proof of Taiwan's ability to transform its economy. In 1985, the China-born Chang, once a long-serving executive at Texas Instruments in the U.S., was lured to Taiwan by the government as part of its effort to develop a high-tech industry. He was hired to manage a state-funded research institute, but shortly after his arrival, an influential technocrat, Li Kuo-ting, called Chang to his office and told him: "Think about how you want to start a company." The conversation led Chang, backed by state funding, to found Taiwan Semiconductor Manufacturing...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Nowadays, Chang says Taiwan must transform itself again to ensure its future growth - and he's leading the charge. In June, he reclaimed TSMC's CEO post four years after relinquishing the job - even though he is 78 years old - with the goal of taking the firm into new industries, possibly solar panels and energy-saving LED lighting. "The next transformation is going to be something that requires ideas, innovation," Chang says. "My basic concern with Taiwan is that the country needs a lot of reforms...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...books: love and friendship, angst and struggle. "We think, What does Harry Potter go through?" Paul says. "If I was a teenager, and I was going through this, what kind of songs would I be writing? So when Harry's love life goes sour after a date with Cho Chang, you write a song about that. Or he discovers this awesome potions book with all these secrets in it, and he's totally pumped. You write a song about that...

Author: /time Magazine | Title: The Boy Who Rocked | 7/20/2009 | See Source »

...CHANG CHUN, China— Hot pot, as suggested by its name, is simply a pot of boiling water, seasoned or not, into which diners fling food, wait for it to cook, fish it out, and consume. I consider myself somewhat of a hot-pot connoisseur, having indulged in many delicious regional varieties, including the characteristically tasty Xi’an hot pot, the lamb hot pot of the Northeast, and the Sichuan duck-gizzard hot pot, known to be one of the spiciest foods on the planet. Yet, I continue to be impressed and surprised by the gusto...

Author: By Helen X. Yang | Title: Play with Your Food | 7/15/2009 | See Source »

...foreign-language film at the Stateside box office, Asian directors have plundered Chinese history for tales of airborne warriors and another chance at the U.S. market. Chan, better known for romantic dramas like the superb Comrades: Almost a Love Story, could have a shot with this remake of Chang Cheh's 1973 kung-fu bromance Blood Brothers. He's certainly got star quality: Jet Li, Kaneshiro and Hong Kong superstar Andy Lau (who had the Matt Damon role in the film that was remade as The Departed). It's a little long and a lot of fun, even...

Author: /time Magazine | Title: Asian Film Fireworks for the Fourth | 7/4/2009 | See Source »

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