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...real peace. He talks of reaching a "comprehensive economic cooperation agreement" with China that would boost trade and investment across the strait. He even broaches the idea of negotiating a peace treaty with Beijing and putting in place "confidence-building measures" to scale back the military buildup on either side of the strait. "We can make cross-strait relations work for both" Taiwan and China, Ma says. "It is going to be a win-win situation...

Author: /time Magazine | Title: Strait Talker | 3/13/2008 | See Source »

...each other across the narrow but heavily armed strait that separates them. Beijing considers Taiwan to be no more than a wayward province destined to be reunified under communist rule. The disagreement has on occasion inched close to war and remains one of Asia's potential flash points. Neither side formally recognizes the existence of the other, so nearly 60 years after their separation, Taiwan residents still cannot send a letter or take a regularly scheduled flight directly to China...

Author: /time Magazine | Title: Strait Talker | 3/13/2008 | See Source »

...ditch the ideological hang-ups of the Chen years, stop irritating Beijing and pursue a new, pragmatic approach that focuses on improving relations with China wherever possible. "We have to find a way to manage the sovereignty issue without solving it," says Ma. "The idea is not that each side recognize each other. It is not that each side deny each other. We ignore the sovereignty issue and concentrate instead on more urgent matters...

Author: /time Magazine | Title: Strait Talker | 3/13/2008 | See Source »

...industry, so he is sick of seeing investment-banking teams come in and tell him he needs to buy a competitor he knows better than any of them," says Messier--a dapper suit and ready smile being his only holdovers from Vivendi days. "I've been on both sides: the advisory and the entrepreneurial side. I know what you feel and what you ask yourself before you make a major strategic move. And I know how desperately you need to get your head above the day-to-day work and be given perspective...

Author: /time Magazine | Title: Re-Visionary | 3/13/2008 | See Source »

...London tabloids liked to call Francis Pym the "thorn in Margaret Thatcher's side"--a politely British way of saying he was detested by the then Prime Minister. In 1979 Thatcher appointed him Defense Secretary, and he became Foreign Secretary during the Falklands war. Pym worked closely with Britain's U.S. and European allies, and was for a time her likeliest potential challenger. But his private battles with Thatcher over his criticism of her economic policies exploded in 1983, when he publicly said he hoped the Tories would not win the election by an overwhelming majority. Thatcher fired...

Author: /time Magazine | Title: Milestones | 3/13/2008 | See Source »

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