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...first leadership election in the party's 93-year history; in Taipei. The Hong Kong-born, Harvard-educated Ma beat out the speaker of the legislature, Wang Jin-pyng, in a contest to take the reins of the once dominant KMT, which has lost two consecutive elections to President Chen Shui-bian's pro-independence Democratic Progressive Party. The KMT, buoyed by outgoing chairman Lien Chan's recent high-profile tour of mainland China, hopes that Ma will steer the party back to power in 2008, when many expect he will run for President himself...

Author: /time Magazine | Title: Milestones | 7/18/2005 | See Source »

...Senior officials in Shaanxi downplay the dispute. Governor Chen Deming told foreign reporters in May that the peasants were fairly compensated based on their oil income, which he suggests they under-reported to escape taxes. "They say they earned more, and we say prove it?and pay the tax on it," he asserts, adding that only 10% of investors rejected the government's compensation offer. Yulin mayor Wang denies that anybody is complaining about anything these days. "There was no conflict with private oil enterprises," says Wang, because "most were happy with the compensation." The city's Communist Party vice...

Author: /time Magazine | Title: Crude Fight | 7/17/2005 | See Source »

...case of stage fright. Branding their own products means they may wind up competing with their multinational clients in some markets, which is a great way to alienate their best customers. Taiwan's electronics companies "don't have the courage or commitment to do branding," says Ereca Chen, co-founder of Taipei-based Atelligent Global Consulting. "It's hard for them to take that first step." The companies that do sell products under their own names often stick to tiny markets or small-time campaigns. Mitac International, which manufactures a wide range of PC gear, limits its branding efforts...

Author: /time Magazine | Title: Taiwan Steps Up | 6/25/2005 | See Source »

Last May CITIC opened a four-member office in Manhattan's World Trade Center to deal directly with U.S. banks and corporations. Headed by Ding Chen, 56, a Harvard-trained economist, the facility hums with activity. Awed moneymen quickly dubbed Ding "Dr. Go" for his tireless jaunts around the country to acquaint firms with Chinese investment opportunities. At one Washington gathering, CITIC lined up $60 million of new business. In his talks, Ding is careful to soothe any fears about China's future. Says he: "China's open-door policy is not a transient expedient. It will not be changed...

Author: /time Magazine | Title: Breath of Fresh Air: China International Trust and Investment Corporation | 6/21/2005 | See Source »

Hailed at 17 as the "Chinese Elizabeth Taylor," she was the most popular actress in the People's Republic and the winner of the Oscar-like Hundred Flower award. Two years later, Joan Chen left her homeland ostensibly to study English literature at UCLA. But she stayed, married a Chinese American and pursued a U.S. career in a succession of lackluster television roles. Now Chen, 23, has finally got her big break, the part of the innocent yet scheming beauty, May-May, in the film adaptation of James Clavell's Tai-Pan. The movie just finished shooting on location...

Author: /time Magazine | Title: People: May 5, 1986 | 6/21/2005 | See Source »

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