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Three children alone — General Wang’s son, Wang Jun; Deng’s son-in-law, He Ping; and Chen Yuan, the son of Mao’s economic tsar — headed or still run state-owned companies with combined assets of about $1.6 trillion in 2011. That is equivalent to more than a fifth of China’s annual economic output.

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China’s communist leaders are promising to revolutionize the world’s second largest economy and move on from being the world’s workshop. Unlike most communist governments, China’s one-party state has survived by embracing capitalism to deliver new wealth. Chinese officials recently reported they would reach their target for annual economic growth of 7.5 percent this year despite [...]

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After years of lasting political turmoil brought on by the Vietnam War, matched with the heartbreaking assassinations of JFK, MLK and RFK, America’s first trip to the moon provided millions with a welcomed moment of national pride and amazement that we’d happily never forget.

Photographer David Burnett, a stringer for Time, was only 22 when he arrived in Titusville, Florida 43 years ago. As many as a million people are estimated to have been in attendance. “It was so long in coming and so quickly gone,” Burnett remembered, “yet it remains burned into my memory like a slow-motion movie.”

Photographs by David Burnett

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Today marks the start of the Chinese Lunar New Year 2012, the Year of the Dragon. One of the 12 animals of the Chinese zodiac, the dragon signifies good fortune and power. In the Chinese astrological cycle, this year is also associated with the element of water, which makes 2012 the Year of the Water Dragon -- an emblem of optimism and growth that comes around only once every 60 years. People around the world are ushering in this auspicious year with displays of fireworks, family get-togethers, temple visits, and street festivals. Collected below are images from several countries where revelers have been welcoming the arrival of the Water Dragon. [34 photos]

Thousands of people visit a lantern festival to celebrate the Chinese New Year of the Dragon in Shanghai, on January 23, 2012. (Peter Parks/AFP/Getty Images)

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China’s Wild West is an acerbic and provocative series of photographs by Chloe Dewe Mathews focussing on the contested lives of a sparse populace in China’s Xinjiang region. There is a state of suspension in some of the photos when the viewer begins to question what it is they are actually looking at, asking whether some post manipulation has been employed. But there is none and such clever stop-in-your-tracks devices only add to the underlying narrative of the people that Mathews captures – their story being one of surveillance, suppression and discrimination. (Read more)

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This Monday we have five brand spanking new videos from the likes of Miracle Fortress, Dreams, Younghusband, Cant and I Ching. Enjoy!

Miracle Fortress - Possesion
Directed by Tim Kelly

Dreams - Feelings 4 U
Directed by Left Arm Single

Younghusband - Constantly In Love
Directed by Elsa Philippe

Cant - Believe
Directed by Jamie Harely

I Ching - Drive
Director Unknown

To submit a music video, email a link to

Previous Music Video Mondays

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Yan Runbo / Imaginechina via AP

Aerial view of the Jiaozhou Bay bridge on June 29. Linking China's eastern port city of Qingdao to an offshore island, Huangdao, it is the world's longest cross-sea bridge at over 26 miles.

Han Jiajun / Imaginechina via AP

Part of the Jiaozhou Bay bridge.

Wu Hong / EPA, file

Construction work on the Jiaozhou Bay bridge on June 1. The bridge opened on June 30 after more than four years of building work.

Huang Jiexian / Imaginechina via AP, file

The Jiaozhou Bay bridge during construction on January 6. The bridge is expected to carry over 30,000 cars a day and will cut the commute between the city of Qingdao and the sprawling suburb of Huangdao by between 20 and 30 minutes.

The AP reports:

China has opened the world's longest cross-sea bridge.

The Jiaozhou Bay bridge is 26 miles (42 kilometers) long and links China's eastern port city of Qingdao to an offshore island, Huangdao.

State-run CCTV says the 110-foot (35-meter)-wide bridge is the longest of its kind and cost more than 10 billion yuan ($1.5 billion). Continue reading.

See more China-related images on PhotoBlog.

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