Word: taipei
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...fighter- bombers, but the U.S. has refused, in order to avoid stirring up Beijing. Washington did compromise by allowing enough technology transfers and help from General Dynamics so that Taiwan could build an indigenous defense fighter (IDF) based on the F-16. But word out of Taipei is that the initials really stand for "It Don't Fly." Now that Beijing is buying Soviet-built Su-27 fighters, Taiwan is running out of patience. Diplomatic sources say Taipei has decided to buy about 60 MIRAGE 2000 fighters from France. Paris, it seems, is not so worried as Washington about Beijing...
...past four years, Taipei has promoted informal ties with Beijing, permitting its citizens to visit the mainland and sanctioning indirect trade across the Taiwan Strait. But, the Nationalists warn, their latest peace offering must be answered in kind by Beijing before tensions ease any further...
...nearly all their crude. Since they rely almost entirely on export markets to fuel their growth, they remain especially sensitive to the economic well-being of their trading partners. With oil prices rising and the U.S. economy slowing down, traders in the smaller stock markets are looking glum: in Taipei, shares have plummeted 65% from their year-end high, while the Bangkok market has slipped 40% in just two weeks...
...preachings of the liberal West, Elegant argues, are undermined by the effectiveness of authoritarian Neo-Confucianism from Seoul to Tokyo to Taipei, from Beijing to Bangkok to Kuala Lumpur. Japan's energy comes from a disciplined adherence to the hierarchical loyalties demanded by the ancient philosophy. In Singapore, Lee Kuan Yew reigns as a benevolent but stern patriarch. South Korea prospers because of -- not in spite of -- Park Chung Hee, the dictator who laid the foundations for his country's phenomenal economic expansion. Though Elegant does not quite make the argument, the Confucian ethic, with its emphasis on obedience...
With the influx from across the Pacific have come Asian trade and Asian money. New immigrants do business with friends and relatives in their home countries, tapping into Tokyo and the expanding capital markets of Hong Kong, Taipei, Singapore and Bangkok. Healthy stakes in real estate, banking, medicine, engineering, commerce and finance give Asians in America the appearance of a gilded community. According to the latest U.S. Census, Japanese Americans and Asian Indians possessed the largest average family incomes among all ethnic groups, including whites...