Word: mainlanders
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TAIPEI Self-governing Taiwan backed out of the torch relay as an act of independence from the mainland...
...Many of these tend to be rather breathless accounts of how China's boom is affecting its own people and the rest of the world-tales of human struggle and environmental destruction within the Middle Kingdom, or, elsewhere, of entire steel factories being crated up and shipped to the mainland along with tens of thousands of jobs. But a second broad classification of China books is now emerging. These attempt to explain what countries and individuals can do, or ought to do, in reaction to China's cataclysmic change...
...Then again, China is a volume business, one that is increasingly running afoul of Washington as the U.S. trade deficit with the mainland soars. The Bush Administration in February filed another WTO case alleging that Beijing unfairly subsidizes a range of industries; last month the Commerce Department backed a push for higher tariffs on some Chinese paper products. With Congress now controlled by Democrats increasingly skeptical of unfettered global commerce, what was once unthinkable-a trade war with China-has now become remotely plausible. Economists are shuddering, given how harmful a series of tit-for-tat moves between Beijing...
...consensus, which they are keen to have. When we achieve universal suffrage, it is so important that the majority of Hong Kong people support it, that it does not undermine Hong Kong's position as an international financial center, and that it not undermine our good relations with the mainland. Hong Kong people, whom I respect, also understand that this is a complex issue, and I have every faith they will make the right choice...
...TIME: How does being a part of China affect Hong Kong's standing? TSANG: It helps that we have a huge hinterland growing at a phenomenal rate. We generate a lot of services that cannot be provided by the mainland; it relies heavily on what Hong Kong can do in terms of ipos, banking, trading. So we have benefited enormously from the fact that we are now part of the Chinese nation. But even though we are No. 1, AAA, in terms of, say, infrastructure, rating agencies like Moody's and Standard & Poor's give us AA because...