Word: taiwan
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...same is true in India. Across Asia, in fact, the primary engine of growth has always been the market, not the state. All rapid-growth Asian economies - including China's - succeeded by latching onto the expanding forces of globalization, through free trade and free flows of capital. South Korea, Taiwan and Singapore may have had active bureaucrats, but the true source of their economic growth was exports manufactured by private companies and sold to the consumers of the world. Asia's growth story is more a testament to the dangers of state meddling than its virtues. Just look at Japan...
...policymakers are rejecting the China model. The severity of the financial crisis hasn't caused political leaders to look to China's success and roll back democracy or copy China's state capitalism. In fact, they are heading in just the opposite direction. The Presidents of South Korea and Taiwan believe deregulation is crucial for the future of their economies. In Japan, newly installed Prime Minister Yukio Hatoyama has wisely made weakening the power of the bureaucracy - not expanding it - one of his primary policy goals. Asia has also become a leader in promoting free trade, as a proliferation...
Through his work with Cloud Gate Dance Theatre, Taiwan's Lin Hwai-min has become one of Asia's most highly acclaimed choreographers, pioneering the genre of Chinese contemporary dance. His pieces incorporate striking imagery from diverse aspects of Chinese culture, including classic literature and Taiwanese history. Here are some of his inspirations...
...River, Big Sea: 1949 This is Lung Ying-tai's new book about the year the Nationalists retreated to Taiwan. There's no winner in the war; everybody fails. Unearthed historical facts force me to look at new angles and realign myself...
...pledging to refrain from activities that would destabilize the fragile status quo in the South China Sea. Few parties have kept to the spirit of the agreement. The Spratlys, an island chain far larger than the Paracels, are claimed by China, Vietnam, the Philippines, Malaysia, Brunei and nominally by Taiwan, and resemble a Risk game board with territories grabbed pell-mell over the years in a scramble for land and influence. Malaysia has set up a diving resort on one of its own reefs, while most other nations have military posts on their islands. "The ASEAN model has been more...