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...government of Taiwan was acutely embarrassed earlier this month when a pilot from the island's privately owned commercial airline diverted his Boeing 747 cargo jet to Canton and announced that he was defecting to mainland China. To recover the plane, Taiwan's government reluctantly authorized representatives of China Airlines to negotiate directly with the mainland's Civil Aviation Administration of China. Last week, after four days of talks in Hong Kong, the two organizations agreed on terms for the return to Taiwan of the $62 million aircraft, as well as the copilot and flight engineer, who were unwilling passengers...

Author: /time Magazine | Title: Diplomacy Flying the Friendly Skies | 6/2/1986 | See Source »

...finances have suffered continual ups and downs. In 1979, after the Charlotte Observer charged that money ostensibly raised for overseas work was diverted to expenses at home, the FCC held preliminary hearings on stripping Bakker's license to a TV station in Canton, Ohio, then let him sell it to Anti-Communist Crusader Billy James Hargis. Last month the Observer asserted that, during the FCC deliberations, former PTL executives had testified the Bakkers used donations to buy a sports car, a houseboat, a mink coat and other personal perks. Seething, Bakker produced documents to rebut the accusations and called them...

Author: /time Magazine | Title: Religion: Power, Glory - and Politics | 2/17/1986 | See Source »

...CANTON, Ohio--Paul Hornung, whose Golden Boy image was tarnished in the 1960s when it was disclosed he had bet on NFL games, finally made it to the Pro Football Hall of Fame on his 15th try. Fourteen times previously, the former Green Bay Packers halfback failed to get enough support for the Hall...

Author: NO WRITER ATTRIBUTED | Title: The Real Sports World | 1/29/1986 | See Source »

...been to 37 countries, but never the People's Republic of China. This initial visit occurred at a propitious time: China has introduced sweeping economic reforms that place greater emphasis on free-market forces. Time's guest journalists got a firsthand look at Chinese-style capitalism in Peking, Shanghai, Canton and in the special economic zone of Shenzhen. The high point of the visit was a 70- minute conversation with China's leader, Deng Xiaoping. While it was clear that China has a long and difficult march ahead on the capitalist road, the Time contingent came away impressed. As Time...

Author: /time Magazine | Title: A Letter From the Publisher: Nov. 11, 1985 | 11/11/1985 | See Source »

...months later, the leadership announced that it was taking a fresh look at the so-called Special Economic Zones, like Shenzhen, which borders Hong Kong, and Zhuhai, south of Canton. The zones were created in 1979 to attract foreign investment and foster export trade while concentrating foreign influences in coastal areas. Shenzhen, Zhuhai and two other such zones apparently performed less satisfactorily than expected. As a consequence, plans for 14 similar enclaves were scaled back. Where Deng once described Shenzhen as a major element in his economic program, he now talked of it as an "experiment." "We hope it will...

Author: /time Magazine | Title: The Second Revolution | 9/23/1985 | See Source »

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