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In terms of other key relationships for the world’s superpower, President Obama will have to dramatically reshape relations with both China and Latin America. One cannot underestimate the former’s importance going forward: The U.S. should not only seek China’s cooperation in...

Author: By Pierpaolo Barbieri | Title: What to Expect... | 11/12/2008 | See Source »

Xinhua, China's official news agency, reported that the package's spending over the next two years will be aimed at 10 major areas, including "low-income housing, rural infrastructure, water, electricity, transportation, the environment, technological innovation and rebuilding from several disasters, most notably the May 12 earthquake." While the...

Author: /time Magazine | Title: A New Deal for China? | 11/10/2008 | See Source »

Another worry that goes hand in hand with stimulus packages like this one is the possibility of stoking inflation. For the moment, though, Beijing can breathe easy on that issue. After wrestling to control rising inflation over the past 18 months, the government reported recently that China's Producer Price...

Author: /time Magazine | Title: A New Deal for China? | 11/10/2008 | See Source »

Amid the ongoing protests, Ma has assured the public that Taiwan remains a sovereign country and that the pacts were made on equal footing. Chinese envoy Chen also acknowledged the dissent, saying that "has heard and seen [the opposition voices]," but believed "the pacts are for the convenience and benefit...

Author: /time Magazine | Title: China and Taiwan Draw Closer, Amid Protests | 11/6/2008 | See Source »

The new era of diplomacy will be put to the test soon enough, as Taiwan continues to push for participation in international organizations, such as at the next World Health Organization meeting next May. Taiwan has sought participation in WHO and the United Nations in the past, but has routinely...

Author: /time Magazine | Title: China and Taiwan Draw Closer, Amid Protests | 11/6/2008 | See Source »

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