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INTERNATIONAL EDITION JUNE 29, 1998 VOL. 151 NO. 26

ASIA

THE SUMMIT: Why Americans Misunderstand China
Ever since the Tiananmen massacre of 1989, many in the U.S. have viewed China as an "evil empire." Just how fair are Washington's complaints about Beijing's behavior?

Speaking Out: China's media shows a new feistiness

Tide of Change: A journey down the mighty Yangtze River reveals a complicated, vibrant, hopeful land

Back to the Farm: A Time reporter revisits his commune

Party Town: Shanghai resurrects its raunchy past

ECONOMIC CRISIS: Interference Call
With the yen dropping precipitously and China glowering on the sidelines, the U.S. steps in to bolster Japan's currency

Viewpoint: Stop bashing Japan

SOUTH KOREA Sacred Cows
Hyundai's venerable founder drives a herd of cattle-and perhaps a wedge-into the North's isolation

E-MAIL FROM BEIJING: Off The Air?
Beijing blusters against President Clinton's proposed address on Chinese television

ATLANTIC

COVER: Caspian Black Gold
It may not be a replay of Central Asia's 19th century "Great Game." But billions are at stake in the struggle among oil companies and governments to control the flow of oil from the Caspian Sea to world markets

Viewpoint: Is The Caspian An Oil El Dorado?

TECHNOLOGY: Digital Cities
A virtual twin of Helsinki is under construction on the Internet. JAMES GEARY takes the grand tour

At Your Service:
Peggy Salz-Trautman finds software that helps deal with information overload

EUROPE: Czech Choices
A new government may not be able to find a cure for the malaise that plagues the sick man of Central Europe

AFRICA: Homeward Bound?
Some Afrikaners claim that only a national preserve can save them

VIEW FROM WASHINGTON: Olive Branch Diplomacy
After 20 years of estrangement, the U.S. cautiously offers to talk with Iran

BUSINESS: A Likable Scapegoat
Europe's politicians use the E.U. to push painful changes. Now they want it to be popular too

BUSINESS/EURO WATCH: Consumer Paradise
The euro will introduce American-style shopping to Europe. One chain is already betting on it

SPORT: Seeing Red
As the World Cup entered its second week, events off the field seemed determined to influence those on it

Letter From Marseilles:
In the Middle of a Melee Football hooliganism is a scrappy, random affai

SOUTH PACIFIC

AUSTRALIA: Australians Take Stock
A nation of small shareholders, many of them first-time investors, is defying Asia's financial gloom

END PAGES

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