Taiwan Strait News
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A bus fire in the southeastern Chinese city of Xiamen that killed at least 47 was not an accident and was likely caused by a criminal act, the official Xinhua News Agency reported today.
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The Chinese military has targeted U.S. government computers with intrusions that seek sensitive data, according to a report in which the Pentagon for the first time directly accuses China of a cyber espionage campaign.
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CPC Corp., Taiwan’s state-owned oil company, may invite its mainland Chinese counterparts to jointly search for oil and gas in waters near the island to share costs.
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Taiwan will double the limit on mainland Chinese institutions’ securities investments in its market as the cross-strait economic relationship deepens.
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President Ma Ying-jeou was elected to a second term as Taiwan’s president, giving him a renewed mandate to press for closer ties with China that have eased decades-old tensions across the Taiwan Strait.
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Taiwan will let Chinese banks own as much as 20 percent of some financial institutions, raising a limit on mainland ownership from 5 percent as cross-strait economic integration deepens.
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Taiwan will double the limit on mainland Chinese institutions’ securities investments in its market as the cross-strait economic relationship deepens. Brokerage shares advanced in Taipei.
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President Ma Ying-jeou was elected to a second four-year term as Taiwan’s president, giving him a renewed mandate to press for closer ties with China that have eased decades-old tensions across the Taiwan Strait.
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Two Chinese Su-27 fighter jets crossed the unofficial centerline of the Taiwan Strait briefly on June 29 during a routine training mission, Taiwan’s Ministry of National Defense said in a statement.
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Taiwan banks will be able to take deposits of and make loans in Chinese yuan by the Lunar New Year as part of an agreement to facilitate greater use of the currency across the Taiwan Strait.
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