Word: mainlanders
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...years, and permit the formation of new political parties, the changes have yet to be approved. But even when they are on the books, the D.P.P. could continue to remain outside the law because it refuses to meet one key government requirement: acceptance of Taiwan as politically indivisible from mainland China. The party insists that Taiwan residents must have the right of self-determination...
...meteorological satellite drifting 535 miles above the Earth. But the strike - which smashed the seven-year-old orbiter into a cloud of space flotsam - may also have been directed at a target closer at hand. Taiwan, which Beijing considers a renegade province, has long been the object of the mainland's saber-rattling missile tests and amphibious-assault war games. The demonstration of an ability to destroy satellites in orbit - belatedly confirmed by Beijing this week - could mean China is ready to up the stakes. "Symbolically, it's quite an important message to send to Taiwan," says Andrew Yang, secretary...
...Still, the missile test may yet prove a strategic blunder for the mainland, argues Kurt Campbell, a China expert at the Center for Strategic and International Studies and former top-level U.S. defense department official. "The fundamental principle of China's foreign policy for the last three or four years has been to do nothing that will alert the world to China's arrival as a world power," Campbell says. The test, while sending a clear signal to Taiwan about China's capabilities, may also embolden American neoconservatives who want the U.S. to aggressively challenge China's military and economic...
Geography again saved the day. In 1979, Communist Party boss Deng Xiaoping began opening China to foreign investment, and Hong Kong manufacturers decamped to the mainland to take advantage of the vast supply of cheap workers. The trading firms stayed behind. In fact, as more work moved into China, locating a headquarters in Hong Kong, on the doorstep of southern China's industrial parks, became imperative. The trading firms quickly devised a new, cross-border manufacturing system. With poor technology and training, Chinese workers could complete basic product assembly but not the more complicated parts of a manufacturing process...
...then market the steel made from it. For some products, Noble controls the entire supply chain--for example, it grows oilseeds in Argentina, stores them in Noble-owned warehouses, ships them to China from Noble-controlled Argentine ports, processes and refines them in Noble factories on the mainland and delivers the oil to customers. With 72 offices in 42 countries, Noble is the second largest coal merchant in the world and a major exporter of Asian-grown coffee. One of its latest lines is ethanol, an alternative fuel made from agricultural products that is becoming more attractive as oil prices...