Taipei economy sags as foreigners leave for China
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Taipei, once an Asian business magnet for foreign visitors unable to enter China because it was closed to the West, has faded in importance as China has opened its borders to tourists and business travelers.
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The first direct flights between China and Taiwan in 55 years take off from Guangzhou and Taipei.
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TAIPEI, Taiwan -- Financial markets, schools and businesses in Taipei and other parts of Taiwan have been shut as a strong typhoon closes in on the island.
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Taiwan&#39;s President Chen Shui-bian&#39;s surprise defeat in Saturday&#39;s legislative elections looks likely to soothe simmering tensions with rival China, but no breakthrough
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The Palestinian economy is sinking into dependence on foreign aid, its public sector swelling while manufacturing and other businesses wither, the World Bank reported Tuesday.
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China's steel imports declined over the first nine months of the year in reaction to higher international prices, while exports soared, state media reported Friday.
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Two senior Chinese officials arrived in Taipei on Tuesday to attend the funeral of the island's top negotiator with the mainland, Koo Chen-fu, amid signs that tension is easing between the longtime foes.
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Figures show a fall in Japan's trade surplus, casting a shadow over the country's export-led recovery.
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Acer Inc., Taiwan's top personal computer maker, said its net profit for the first three quarters to September fell 34.8 percent to 3.83 billion Taiwan dollars (114 million US).
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Taiwan's economy expanded at its fastest pace in four years during the second quarter as the global economy recovered, boosting foreign trade and increasing manufacturing output, the government said Friday.
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Relations between China and Taiwan are  grim and the mainland will crush any major moves toward  independence by the island no matter what the cost, the  government said in a policy paper on national defense on  Monday.
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Taiwan's Foreign Minister Mark Chen left  on a trip to Grenada three days early in order to see what help  Taiwan could offer the Caribbean island devastated by a recent  hurricane, a Taiwan spokesman said on Sunday.
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Its largesse may still help prop up the economies of some of the continent's poorest countries but Taiwan is being slowly squeezed out of Africa as mainland China's presence grows ever stronger.
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The new Treasury secretary worries that China's economy is more fragile than it appears.
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Taiwan on Saturday accused China of preventing Taipei from being an active member of the international community after Beijing resumed its seat at the World Organisation for Animal Health (OIE).
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By Evan Osnos, Chicago Tribune  Jun. 3--BEIJING -- In the office after hours, the Chinese economic miracle didn't feel much like magic.   Spent cups of instant noodles lay in the trash can. Cubicles were empty for the night.
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Former Taiwan president Lee Teng-hui left for Japan on Monday on a controversial visit that has sparked furious protests from China.