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...Still, the new era of mutual enthusiasm is delicate. Though no frictions have been reported between tourists and locals, several Chinese visitors told TIME that the same beautiful, civilized island they were enjoying is very much still "a part of the motherland" - with which, eventually, they hope to be "united." Only 5% of Taiwanese support unification, according to a March survey, with a full 20% encouraging the island to push for independence from China. "The Chinese always avoid taking pictures with the Taiwanese flag," says Political Scientist Yang Tai-Shuenn of Taipei's Chinese Culture University. "That may insult...

Author: /time Magazine | Title: What 60-Year Chill? Chinese Tourists Flock to Taiwan | 4/17/2009 | See Source »

...could inject over $200 million a year into Taiwan's tourism industry. Tourism bureau official Philip Chao says the Chinese are pretty big spenders, averaging nearly $300 a day, just shy of the Japanese who spend over $300. And, he says, tourism is the ideal starting point to renew mutual understanding. At the Sun Yat Sen Memorial gift shop, the clerk who encounters many Chinese tourists during her day there described the mood to be like a family reunion. "We should have done this a long time ago. We are the same blood," the clerk, who declined to give...

Author: /time Magazine | Title: What 60-Year Chill? Chinese Tourists Flock to Taiwan | 4/17/2009 | See Source »

...there is the beginning of an attempt to do so. Over the years, the judgment of ratings agencies has become enshrined in countless laws and private contracts; ratings are a key yardstick in how state and federal regulators determine the safety of banks, insurance companies, money-market mutual funds and other parts of the financial system. Over the summer, the SEC proposed some rules that would start the reform movement at home, undoing the agency's own dependence on the ratings agencies. (Read "A Brief History Of: Ratings Agencies...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...month. The Treasury may tell Bank of America (BAC) that it needs $15 billion in additional capital and the bank may be able to raise that money on the government's deadline. If it can't, it could be merged into another bank the way that Wachovia and Washington Mutual were. The government has avoided getting its hands dirty with the banks. In Detroit it could become deeply involved in the salvage process by taking a major American company though a bankruptcy court with an independent judge sitting on the bench...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

...give a fuck,” Toback says, when asked about his own image. “Life is too short to worry about your enemies or the people who don’t understand you.”“Tyson” stemmed from the mutual understanding between Toback and Tyson of the multiplicity of voices within the mind. This is “madness” rather than schizophrenia, according to Toback, who talks openly about his experience with LSD that left him both “enlightened” and permanently haunted. This parallels Tyson?...

Author: By Mia P. Walker, CRIMSON STAFF WRITER | Title: Harvard Alum Packs a Punch with 'Tyson' | 4/10/2009 | See Source »

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