Word: yao
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Dates: during 1980-1989
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...Overseas Chinese are worried about the future after the expiration of the lease," explains Chao Yao-tung, Taiwan's Minister of Economic Affairs and a former businessman, "and we will try to get some of the capital outflow. Even 10% or 20% would be of great help." To that end, the Taiwan government plans to create a free-trade zone and banking center on the island. In an unregulated, Hong Kong-like environment free of import taxes, businessmen would be able to enter without visas, taxes would be low, and red tape minimal. In the eyes of Taiwan...
Immediately after the war, Yao entered the Foreign Ministry, where he still works. He joined not out of any special interest but because that was where people were needed. Yao warns against comparing the way he found his job to anything in the American experience. "You can't think in terms of your country," he says...
...years since his employment, China has gone through severe changes--the Great Leap Forward, the Cultural Revolution. Yao prefers not to talk of these phases, acknowledging that he "had some very unpleasant experiences," and aditting that "in retrospect, many of those policies were wrong." But he is concerned that people "will not understand the situation." Mao, he says, was a "man of integrity." "I'm not defending the Chairman's mistakes, he explains, "but China was too long behind the mainstream of the world. We were crying, wanting to change...
...Yao, who will spend a full year in this country, likes to talk about the currently blossoming relationship between his country and the United States. Before coming to the IOP, he was a Fellow at Princeton's Woodrow Wilson International Center, and next semester, he will go to Stanford...
...Yao holds no grudge against the Americans he meets. "I don't come here, see every American, and see the Korean war," he says. He has several friends and relatives in the United States--one, in fact, who fought on the other side in the Korean War. Yao notes that while "the British, the Russians, the Japanese, have given China hell" over the past few centuries, the U.S. has been more friendly--except, of course, for the period which has spanned most of his life. That period, though, Yao is willing to dismiss: "an unfortunate episode," he calls...