How the World Works

Made in China: The Bible

"The aircraft hangar-sized plant on an industrial park outside the eastern city of Nanjing will be capable of producing more than one Bible every second and is expected to supply one quarter of all the world's Bibles by 2009."

  • Chinese automobile sales grew by 20 percent in 2007, to 8.7 million units, making it the second largest car market in the world, reports Xinhua. Meanwhile:

"Battered by rocketing oil prices and economic recession, depression loomed over the European, American and Japanese auto markets. In the first three quarters [of 2007], the European auto market only saw a modest 0.7 percent annual growth while Japan dropped back to the level of 30 years ago."

Posted in: China

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A conversation about globalization.

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Is the Obama economic rescue plan a failure?
Swayed by GOP attacks, independent voters are abandoning ship. But the summer of stimulus love has hardly started
Are automaker woes skewing unemployment figures?
In the summer, the Big 3 usually idle factories and lay off workers. But this year, they're ahead of schedule
The Pope's liberal Christian values
Social justice, wealth redistribution, a new morality for Wall Street -- the pontiff throws down on capitalism

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