Former Taiwanese President Chen Shui-bian was detained Tuesday in connection with a corruption probe involving a money-laundering scandal. The handcuffed anti-China politician shouted "political persecution" before getting into a waiting car.
Officials from China and Taiwan signed business accords worth billions of dollars during a historic visit to the estranged island nation by Beijing envoy Chen Yunlin. The deals include shipping, flights and postal services.
China's top negotiator Chen Yunlin on Taiwan affairs left on Monday for the self-ruled island that Beijing
claims as its own on a historic trip on which trade and transit deals are expected to be signed as opposition leaders protest.
A top Chinese official cut short his visit to Taiwan after he was assaulted by a crowd of anti-China activists and heckled during a speech. The incident was swiftly condemned by Beijing, which still considers the island state as its own.
Beijing has cancelled or postponed several military exchanges with the United States to protest planned US arms sales to Taiwan worth 6.5 billion dollars. The Chinese foreign ministry warned that the sales would interfere in China's internal affairs.
Despite a 1.5 trillion yen ($14.4 billion) injection into money markets by the Bank of Japan, Japanese share prices dived in the aftermath of the Lehman Brothers demise, a tumble that was mirrored in the leading Asian markets Tuesday.
Admiral Timothy Keating, the top US military commander in Asia, said US arms sales to Taiwan – a perennial sore point in US-China relations – has been frozen, amid warming ties between Beijing and Taipei.
On the second day of historic talks in Beijing, Taiwan and China agreed to open direct flights between the two traditional rivals from July. Trade and travel links between the two were all but severed in the wake of the civil war that ended in 1949.
After decades of discord, China and Taiwan have finally revived talks, reaching a landmark agreement on travel. While some bloggers look forward to a new era in relations between the two countries, others fear for their separate identities.
A formal meeting between Taiwanese and Chinese delegations took place on Thursday. Focused on the establishment of direct flights between the two countries, the talks are widely regarded as warming relations between the former rivals.