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...visit Taiwan for the first time last year and are arriving by the thousands each day, he notes, giving the recession-hit local economy a welcome, albeit minor, boost. He stresses that he wants Taiwan to benefit economically from better ties with China - but he won't let the island be assimilated by the rising giant. "I won't sell out Taiwan," Ma told TIME, adding that "I'll sell China Taiwan fruit ... We're trying to create an atmosphere of peace." (See the world's most influential people...

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

...extent, Ma is simply taking the next logical steps toward normalizing relations between two governments that technically don't recognize the other's right to exist, but which have inevitably been drawn together economically. Taiwan is a global center of IT manufacturing, and in recent years, the island's companies have for competitive reasons been compelled to open factories on the mainland, taking advantage of a liberalization of Taipei's restrictions on such investments. More than a million people from Taiwan now live in China in industrial centers near Shanghai in the east and in Guangdong province in the south...

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

...easing of tensions has come about in part because Ma, a Harvard Law School graduate and former Taipei mayor, is a far more palatable politician to Beijing than his more confrontational predecessor, Chen Shui-bian. China's leaders ultimately want the island and the mainland to reunite. During his eight years as President, Chen irked Beijing by flirting with ways of making Taiwan more formally independent, such as scheduling a referendum on applying for U.N. membership under the name Taiwan. Ma, on the other hand, has promised not to declare Taiwan an independent state, a position that has made...

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

...Strides toward détente carry a political price for Ma. Many in Taiwan don't consider the island to be part of China, and they fear closer ties will eventually lead to a loss of identity, even sovereignty. Last October, hundreds of thousands protested against Ma's China policy in a Taipei rally organized by the opposition Democratic Progressive Party (DPP). Another large protest is planned for May 17. Ma "sees the closer ties [with China] as an opportunity," says Cheng Wen-tsang, the DPP's spokesman. "But we see them as a threat...

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

...that everything he has done is in Taiwan's best interests, especially concerning the economy. The global financial crisis hit trade-dependent Taiwan especially hard. Exports in April plunged a staggering 34% from the same month in 2008 - the sixth consecutive monthly double-digit decline - as demand for the island's computer and electronic equipment shriveled in the U.S. and Europe. The government expects GDP to contract 3% in 2009; some private estimates predict worse. The severity of the crisis brought new urgency to the effort to improve ties with China in order to capitalize on one of the world...

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

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