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...seeking to tighten credit growth generally, and property loans in particular. The latest budget report from the Ministry of Finance, released to coincide with the opening of the National People's Congress in Beijing on March 5, draws attention to debt levels being incurred by local governments forging headlong into massive infrastructural and development projects. Even as it was being distributed, Premier Wen Jiabao was telling NPC delegates that the authorities would slow both lending and new construction in 2010, and place additional curbs on speculative property investment. A mortgage discount for first-time property buyers - which made a fixed...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...fact that Toyota has produced so many imperfect cars is evidence that its system developed faults. Management experts like John Paul MacDuffie, a co-director of the International Motor Vehicle Program (IMVP) at the University of Pennsylvania's Wharton School, place the blame on the company's headlong growth in the past 10 years. In 2000, Toyota produced 5.2 million cars; last year it had the capacity to make 10 million. Since 2000, when Toyota had 58 production sites, it has added 17. In that time, in other words, Toyota has added the capacity of a company virtually the size...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...over the separatist Tamil Tigers - with 57.9% of the vote. Though he was hailed by many members of Sri Lanka's ethnic Sinhalese majority for emerging victorious from the decades-long conflict with the Liberation Tigers of Tamil Eelam, Rajapaksa's reputation was dented by international criticism of his headlong rush into the war's final battle. Dismissing calls for a last-minute cease-fire, Rajapaksa pushed to corner and crush the rebels, resulting in thousands of deaths among the 300,000 civilians stranded in the combat zone. Despite claiming an overwhelming majority in the Jan. 26 vote, Rajapaksa fared...

Author: /time Magazine | Title: Mahinda Rajapaksa | 1/28/2010 | See Source »

...special envoy George Mitchell was apt to come face to face with the recalcitrance and bigotry of the new Israeli government during his trip to the region. But will he denounce the headlong plunge into extremism and rejectionism pursued by Prime Minister Benjamin Netanyahu and his foreign minister? Unfortunately, this is unlikely, though the day may be drawing nearer...

Author: By Nimer Sultany | Title: U.S. Lessons for Israel’s Jim Crow | 5/3/2009 | See Source »

...muscle cars or luxury of the "if you have to ask, you can't afford it" variety. Crowds also gathered around cars made by a company largely unknown outside of China, the Shenzhen-based firm BYD (Build Your Dreams). Started as a rechargeable-battery maker, BYD is making a headlong push to become a world leader in what some analysts believe could be the industry's post-internal combustion engine future: electric cars. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Is the Future of Electric Cars in China? | 4/21/2009 | See Source »

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