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Dates: during 2000-2009
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...from seven days to three, which means more time on Chinese store shelves and a 20% increase in profits. "After Ma got elected, everything's more convenient for businessmen," says Kuei. In a recent survey conducted by Taiwan's CommonWealth magazine, 60% of the CEOs questioned said that liberalized cross-strait relations were improving Taiwan's economic competitiveness. This positive outlook has helped fuel a 40% surge in Taiwan's stock market this year, making it one of the best-performing in Asia. "A positive relationship across the strait can help recover some of the competitive advantages we have lost...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...Still, many restrictions on cross-strait business remain. Taiwan banks, for example, can't operate on the mainland because the necessary agreements aren't in place to allow regulators from the two sides to cooperate, cutting off a key source of growth. Victor Kung, president of Fubon Financial Holding Co., says Taiwan's isolation from a burgeoning China has stunted the development of the entire economy. As costs at home have risen and the island's manufacturing has moved offshore, Taiwan has needed to foster new industries, especially in the service sector, to generate growth and jobs, but a lack...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...Liddy should have concluded his March testimony and cross examination in front of the House Financial Services subcommittee by pulling a blank sheet of paper from his brief case, writing his resignation on it, and handing it to chairman Barney Frank. Liddy is too class an act to have done that. He at least waited until AIG has reached a more stable state and left without a word of anger...

Author: /time Magazine | Title: Behind Ed Liddy's Departure from AIG | 5/22/2009 | See Source »

...stamp of approval most scientists look for, though, and in this case the puffery is especially unfortunate because the actual scientific finding, described in a paper published on May 19 in the online journal PLoS One, really is important. First, the young mammal, which would have looked like a cross between a lemur and a small monkey, is astonishingly complete. "Most of what we understand about primate evolution is pieced together from bits of teeth and jaws," says Michael Novacek, curator of paleontology at the American Museum of Natural History. Ida, by contrast, has pretty much every bone, from...

Author: /time Magazine | Title: Ida: Humankind's Earliest Ancestor! (Not Really) | 5/21/2009 | See Source »

...would be a mistake to blame the university’s position on official recognition for this disgraceful fact. Indeed, the responsibility for the cool reception of ROTC cadets on our campus extends far beyond even the symbolic reach of cross-registration fees and student-handbook disclaimers to the words and actions of every member of the Harvard community. As such, while we cannot sweep these cadets’ concerns to the side by claiming a principled stance, neither can we simply ignore the deep injustice of a policy that excludes and discharges individuals for speaking a truth about themselves...

Author: By Jenny Zhang | Title: Morality and Conditional Support | 5/20/2009 | See Source »

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