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...took the lead in later phases of construction. A similar pattern appears to be playing out in alternative energy. Foreign wind-turbine manufacturers held nearly 60% of the Chinese market in 2006. By last year that position was reversed, with Chinese firms taking 74% of new installations, says Jun Ying, chief China representative for the consulting firm New Energy Finance. In fact, the number of Chinese turbine manufacturers has expanded so rapidly that the government, fearing a glut, warned in October that applications for new factories might not be approved...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...artwork to the island. There are just 37 pieces this time (comprising Qing dynasty paintings, vases, seals and other artifacts), and they are strictly on loan from Beijing's Palace Museum. But the gesture is unprecedented, emotionally charged and heralded as one of the fruits of Taiwan President Ma Ying-jeou's conciliatory cross-strait policy...

Author: /time Magazine | Title: On Show at Taipei's National Palace Museum | 10/29/2009 | See Source »

...What changed? First, Taiwan President Ma Ying-jeou eschewed the breakaway bluster of his predecessor Chen Shui-bian and, amid the global recession, hitched Taiwan's economic future to China's growth engine. In just the 15 months Ma has been in office, Taiwan and China have launched a raft of trade, investment, transport and cultural initiatives and exchanges that are inexorably binding the two together. As much as it will ever trust any Taiwan leader, Beijing sees Ma as a pragmatic politician with whom it can do business. (Read "Building Bridges to China...

Author: /time Magazine | Title: Getting It Strait | 9/14/2009 | See Source »

...very likely prospect. Taiwan's current President Ma Ying-jeou's friendly policy towards China has been a big contrast from Chen, who was often deemed a troublemaker. Since coming to office last May, Ma has forged closer economic ties with China through establishing direct transportation and opening up tourism and investment to the Chinese. But Ma's popularity has suffered a big blow recently from public dissatisfaction with the government's relief efforts after a disastrous typhoon hit the island a month ago. It left over 700 dead and missing and over 7000 homeless. A new premier and Cabinet...

Author: /time Magazine | Title: Ex–Taiwan President Chen Sentenced to Life | 9/11/2009 | See Source »

...FTAs in a week, with South Korea and the 10-member Association of Southeast Asian Nations (ASEAN). ASEAN and China are scheduled to bring most of the final tariff reductions of an FTA signed in 2004 into full effect by 2010. More deals are likely. Taiwan President Ma Ying-jeou has made his policy priority reaching a comprehensive economic framework with China that would reduce tariffs on Taiwan goods entering the Chinese market. Yukio Hatoyama, Japan's presumptive Prime Minister, has even proposed the creation of a common Asian currency...

Author: /time Magazine | Title: Fortress Asia: Is a Powerful New Trade Bloc Forming? | 9/7/2009 | See Source »

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