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...national Taiwan identity. If given a majority, he pledged to change everything from the constitution to history textbooks to the names of state-owned companies, with the aim of cutting references to China and boosting Taiwan's sense of itself. That enraged Beijing, worried the U.S.?Taipei's main backer, but which also enjoys good relations with China?and seems to have backfired with the electorate. "Chen actually stimulated the pan-blue supporters to come out and vote because they worried about his getting a double mandate," says Philip Yang, a professor of political science at National Taiwan University...

Author: /time Magazine | Title: Check and Balance | 12/12/2004 | See Source »

...more relevant to today's Taiwan. (China considers both moves hostile.) At the same time, Chen has in recent weeks repeatedly pledged that he won't declare independence or have it written into a new constitution. That's not just campaign rhetoric. Though it is Taipei's main backer, Washington is currently enjoying excellent relations with Beijing and has made it plain to Chen that it will not tolerate any change in the status quo between Taiwan and China. Chen is "mobilizing his electoral base by appealing to fundamentalists," says Emile Sheng, associate professor of political science at Taipei...

Author: /time Magazine | Title: Seeking a Fresh Mandate | 12/6/2004 | See Source »

...near bankruptcy. The firm had wrongly bet - and redoubled - that oil prices would decline. A Sharper Picture The future of high-definition TV (HDTV) got some focus when four Hollywood studios (Universal, Paramount, Warner Bros. and New Line) agreed to release titles in the HD-DVD format. Sony, backer of the rival Blu-ray format, was taking solace in its forecast that the European market for sets had been seriously underestimated: HDTV adoption could reach 20 million by 2008 - four times previous industry estimates. Drug Delay A U.S. regulatory panel unanimously rejected Intrinsa, Proctor & Gamble's testosterone patch that claims...

Author: /time Magazine | Title: Bizwatch | 12/5/2004 | See Source »

...ally after Bush famously said he had looked into Putin's soul. When King Abdullah of Jordan first proposed in the summer of 2002 that Bush launch a road map to peace for the Arab-Israeli conflict, Rice tried to block it but later became a fervent backer. In 2000 she scorned the use of U.S. troops for nation building, but has undertaken monumental military reconstruction projects in Afghanistan and Iraq. She led the hard-liners' charge to unilaterally abrogate the antiballistic-missile treaty with Russia but showed a multilateralist streak by backing Powell's push to engage...

Author: /time Magazine | Title: Condi Gets Her Shot | 11/29/2004 | See Source »

...responsible reform," says Strauss-Kahn. "The treaty isn't perfect, but we can improve it." Fabius' camp advocates trying to change the document before approving it. "We're in politics to defend ideals and address injustices, not accept flaws and insufficiencies as fated," says PS parliamentarian and no backer Manuel Valls. The outcome of the vote will show whether support for the constitution in this founding E.U. nation is foundering...

Author: /time Magazine | Title: A Party Divided | 11/28/2004 | See Source »

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