Word: maing
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...though few other economists believe this will happen anywhere near that fast). This willingness to make its positions known publicly and push other governments to see things China's way "is very different from 10 years ago, when Beijing was much quieter and more low-profile," says Jun Ma, an economist at Deutsche Bank in Hong Kong. (See China covers...
...main obstacle to peace in the Middle East [July 27]. The key problem continues to be the unwillingness of the Palestinian leadership and most Arab states in the region to accept Israel as a Jewish state. This is a much more fundamental issue than whether someone in Efrat or Ma'aleh Adumim can build an addition onto their house. Henry Goldberg, CHICAGO...
...Since taking office in 2008, Ma has been clearing these hurdles away. The two sides have opened the "three links" - direct air, sea and mail connections - while Ma's administration in June permitted Chinese firms to invest in a wide range of Taiwan industries for the first time. Now Ma wants to forge a "comprehensive economic framework" with Beijing that would give Taiwan companies easier access to the China market. San, the deputy minister, believes Taiwan's shared culture and language give its businessmen an advantage in China that could make a partnership between the two especially powerful. Taiwan...
...There is some fear in Taiwan that Ma's opening to China will accelerate a hollowing out of the island's economy by encouraging companies to move there, costing jobs. Ma's policy team, though, argues closer ties will boost the economy overall because it makes it easier for executives to keep the most advanced parts of their businesses - the high-salary R&D and management divisions - at home. San says the government's vision is to turn Taiwan into an operations center for Chinese industry by supplying technical and manufacturing expertise. There are some early indications Ma's strategy...
...Similar efforts are being made across the island. In Kaohsiung, the government in 2008 opened a software park to spur tech start-ups alongside the city's traditional export factories. Nationally, Ma's administration has targeted six "flagship" industries for investment and development: biotech, health care, high-end agriculture, tourism, green energy, and creative and cultural businesses such as traditional arts and pop music. The government intends to support these sectors by providing financing, improving the capabilities of state research institutes and other measures. "We are keenly aware these industries in five to 10 years will be the major industries...