The more than 1,100 Chinese missiles aimed at Taiwan are less of an impediment to a meeting with President Xi Jinping than whether talks would be backed by the island’s people, Taiwan President Ma Ying-jeou said.
China and Taiwan, governed separately since a civil war six-decades ago, agreed to give each others’ companies greater access to their services markets as commercial ties deepen across the Taiwan Strait.
China and Taiwan, governed separately since a civil war six-decades ago, agreed to give each others companies greater access to their services markets as commercial ties deepen across the Taiwan Strait.
Taiwan shares may rally in the fourth quarter as President Ma Ying-jeou ’s ruling Kuomintang party offers “goodies” and other incentives to help win local elections, Citigroup Inc.’s Research Head Peter Kurz said.
The re-election of Taiwanese President Ma Ying-jeou, a booster of closer ties with China, is bullish for the island’s financial markets, according to Bank Julius Baer & Co., Citigroup Inc. and Uni-President Assets Management Corp.
The best Chinese stock values these days are in Taiwan, where dividend yields lead Asia’s 10 biggest markets and economic growth matches the mainland, said Chris Ruffle , manager of the island’s best-performing mutual funds.
Taiwan President Ma Ying-jeou was re-elected emphasizing his success easing tensions with China. Now comes the hard part: building on those gains in his final four-year term without diluting the island’s autonomy.