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...That's a common conclusion, echoed in the lunchrooms at the Hsinchu Science and Industrial Park, home to Taiwan's tech industry, and in the office of President Ma Ying-jeou. Government and business leaders believe Taiwan needs to become more diversified and integrated into the regional economy, which is increasingly dominated by China. "The main lesson we learned in the financial tsunami is that we are only dependent on our export industry, in particular IT," says San Gee, deputy minister of Taiwan's Council for Economic Planning and Development. The idea is to "transform our overall economy...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Koreans may have reason to fret. A key plank of President Ma's economic platform is to capitalize on an expanding China to propel Taiwan's own growth. Though Taiwan firms have already shifted much low-end manufacturing to China, they have been operating under severe restrictions, such as a ban on direct travel between China and Taiwan, and limitations on investment, which put Taiwan at a disadvantage versus other economies in Asia that enjoyed greater access to the mainland. The regulations were a result of the tense political relationship between Taipei and China's leaders in Beijing, who consider...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Among the more innovative schemes is a program started by the business-to-business website Alibaba.com, which connects Chinese manufacturers with overseas customers. Last year the company's founder, Jack Ma, began to worry about the souring economy and its impact on Alibaba's 32 million members. "He told his lieutenants to all go out and figure out how to help our customers because there's a bad time coming," says John W. Spelich, Alibaba's vice president for international corporate affairs...

Author: /time Magazine | Title: In China's Lending Boom, Small Businesses Go Begging | 7/15/2009 | See Source »

...blast. These were two middle-aged, conservative Republican men who had said, To hell with being part of the Cialis generation (midlife sexuality depicted as an aging husband and wife reclining in ... side-by-side bathtubs? What is the drugmaker worried about - that randy Pa might jump in Ma's bath and break her hip?). Their actions were so willful and blatantly self-centered that the two of them could have credibly fashioned themselves as rebels, possibly even as heroes, if they could have just stopped crying. They weren't a couple of tools stuck in sexless marriages and making...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...China seem ready to declare him finished. Eric Zhang, Yao's agent, told the China Daily that it was premature to call an end to the center's career, and many fans agree. "I think whether he can make a comeback depends on his own attitude," says Ma, during a break from a pickup game in Beijing. "There are plenty of basketball players who managed to do that after major injuries. I don't see why Yao Ming should be an exception...

Author: /time Magazine | Title: China Fears Yao Ming Injury Could End His Career | 7/1/2009 | See Source »

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