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...doubt true - but it's also true of several other domestic Internet companies that are moving swiftly to capitalize on Google's - choose one - self-inflicted wound/inspirational stand. Numerous sources says both Sohu.com - a Yahoo!-like website founded by MIT graduate Charles Zhang - and a hugely successful instant-messaging company called Tencent Holdings are already aggressively trying to hire Google China staff. (Google China declined to comment.) Neither has much of a presence in search, with less than 1% of the market each. But the two companies were investing significantly in search even before Google's ultimatum in January...

Author: /time Magazine | Title: Who Will Profit When Google Exits from China? | 3/18/2010 | See Source »

...land famed for its elaborate culinary arts, the best-known chef is a chubby, smiling cartoon character. Master Kong (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...

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

...Chinese companies sometimes start out as carbon copies of successful overseas ventures. But replication doesn't happen overnight. Take Ctrip, the market leader for online travel reservations. The company, founded in 1999, initially hoped to be an instant Chinese version of Expedia but soon realized that rushing to provide the same features of the U.S. travel website - which offers package tours, hotel reservations, plane tickets, rental-car reservations and cruises, among other services - was a reckless, if not impossible, task. Instead, it focused on mastering one service before adding another. (See pictures of Chinese investment in Africa...

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

First impressions of Phulay Bay, formed by the stunning reception area, create a compelling sense of seclusion, flipping you into instant vacation mode. Aubergine-colored walls rise theatrically into the sky and are, according to Bunnag, intended to keep the breeze at bay, so water in the pond can remain unruffled. All the better to reflect those gathering monsoon clouds. Rates from about $590 a night; see phulaybay.com for more...

Author: /time Magazine | Title: On Cloud Nine at Phulay Bay | 3/3/2010 | See Source »

...like SOBE and Aspen and the New York Wine and Food Festival, and this whole food explosion taking over our culture ... I have to ask you: Why? Why has food become so important to us now? Food matters. It ... It appeals to all of your senses, it gives you instant gratification. You take a pile of raw ingredients, and you turn it into something sensual and meaningful that expresses who you are and the flavor of your life. And if you share it with other people it fills you up before you ever take a bite...

Author: /time Magazine | Title: Rachael Ray in Praise of Burgers and Our Culinary Tastes | 3/2/2010 | See Source »

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