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...counters that everything he has done is in Taiwan's best interests, especially concerning the economy. The global financial crisis hit trade-dependent Taiwan especially hard. Exports in April plunged a staggering 34% from the same month in 2008 - the sixth consecutive monthly double-digit decline - as demand for the island's computer and electronic equipment shriveled in the U.S. and Europe. The government expects GDP to contract 3% in 2009; some private estimates predict worse. The severity of the crisis brought new urgency to the effort to improve ties with China in order to capitalize...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...China as well as provide investment guarantees and protect intellectual property. There is a reason to hurry. In 2010, China is slated to slash tariffs on goods from nations in Southeast Asia, potentially putting Taiwan's products at a greater disadvantage in the China market. Through a bilateral trade agreement, Ma says, "We hope we can avoid the marginalization of Taiwan as a result of regional economic integration in East Asia...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...qualities that won Boutros-Ghali the IMF job. His track record as Egypt's Finance Minister was another: under him, the notoriously sclerotic Arab nation has grown at an annual rate of 7%. "He's seen as a facilitator, somebody who can generate progress," says Eswar Prasad, professor of trade policy at Cornell University and former head of the IMF's China division. "In Egypt, he's been able to operate under significant institutional and political constraints - that's valuable experience when you're dealing with...

Author: /time Magazine | Title: Boutros-Ghali's Developing Vision for the IMF | 5/25/2009 | See Source »

...that really ... Michel Martin on NPR is the one that stands out ... about people are talking about what Michelle Obama is going to have to give up in her identity and her independence and her paycheck and her life. And I remember thinking that, Well, it's quite a trade, given the kind of power you're going to ... to do the things that you care about that you're going to be doing...

Author: /time Magazine | Title: Interview with the First Lady | 5/21/2009 | See Source »

...think that the thing is just separating out that conversation and having it. Why do we feel that way? For me, I agree with you. I mean, I look at the trade-off in terms of ... you know, I am 45 years old. When this is over, and my kids are grown, I'll be ... do the math - four, eight years, depends on where you take it - I'll still be in the prime of my professional life as far as I see it. I've always seen that...

Author: /time Magazine | Title: Interview with the First Lady | 5/21/2009 | See Source »

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