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...Taiwan and China relations have warmed greatly since Ma Ying-jeou became Taiwan's president last May. Since then, China and Taiwan have held three rounds of unprecedented talks - the first in 60 years - to agree on milestones like establishing direct flights between Taiwan and China and opening Taiwan tourism to Chinese citizens. Last weekend, they agreed to enable each other's banks to set up branches on either side of the Strait, and more than double the number of weekly direct flights that started last year. Before Ma's time, passengers traveling from Taipei to Shanghai...

Author: /time Magazine | Title: China Mobile to Buy Stake in Taiwan Telcom | 4/30/2009 | See Source »

...Taiwan and China relations have warmed greatly since Ma Ying-jeou became Taiwan's president last May. Since then, China and Taiwan have held three rounds of unprecedented talks - the first in 60 years - to agree on milestones like establishing direct flights between Taiwan and China and opening Taiwan tourism to Chinese citizens. Last weekend, they agreed to enable each other's banks to set up branches on either side of the Strait, and more than double the number of weekly direct flights that started last year. Before Ma's time, passengers traveling from Taipei to Shanghai...

Author: /time Magazine | Title: Taiwan Scores Invite to WHO Meeting | 4/29/2009 | See Source »

...Taiwan," walked into the courtroom a much thinner man after more than two months in detention. Chen was known during his eight years in office for irritating China with his open support for a greater Taiwanese independence from the mainland. Taiwan's current President Ma Ying-jeou has moved quickly to forge closer economic ties with China since his election last year. Taiwan and China have since opened up tourism, palace museum exchanges, direct charter flights and are planning to discuss further economic agreements this year. (Read TIME's conversation with Ma Ying-jeou...

Author: /time Magazine | Title: Taiwan: Ex-President's Corruption Trial Begins | 3/26/2009 | See Source »

...felt by politicians and policymakers, who have slashed interest rates and hiked fiscal spending in an attempt to stimulate growth. In January, Taiwan's government doled out $2.6 billion in spending vouchers - or about $100 a person - to encourage consumers to splash out. The administration of President Ma Ying-jeou is also pushing a $14.7 billion program of infrastructure projects through the legislature, which includes funding for construction of better bridges and more subways. Singapore in January announced a $13.4 billion "Resilience Package" that will increase the country's budget deficit to a record level. Yet there is a limit...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...tigers are already heading in the right direction. Shortly after South Korean President Lee Myung Bak took office last year, he launched a program to improve the services sector by increasing financial assistance to targeted businesses and by reducing red tape. Taiwan President Ma Ying-jeou is undertaking his own deregulation program, with a special focus on Taiwan's biggest trading partner, China. Ma believes that sectors of Taiwan's economy, such as tourism and finance, have been stunted by the island's political standoff with Beijing. (China considers Taiwan a renegade province.) Ma is pushing for an agreement with...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

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