Free-Trade agreements (ftas) are often contentious but rarely would one have as much strategic significance as that proposed between China and Taiwan. On July 29th Taiwan's president, Ma Ying-jeou, elected last year on a platform of liberalising business restrictions and easing military tensions with the mainland, said a China-Taiwan trade pact should be signed as soon as possible. The two sides have quietly concluded months of unofficial negotiations and Taiwan's economy minister, Yiin Chii-ming, says he wants formal negotiations to start in October. The island is in a hurry.
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