China and Taiwan signed a new set of agreements yesterday, taking a big step towards opening up their financial services industries to each other and allowing direct investment in Taiwan from mainland China.
Negotiators from both sides of the Taiwan Strait met in the Chinese city of Nanjing over the weekend for formal talks aimed at normalising relations between the two former civil war rivals who, prior to last year, had not held talks for more than a decade.
Ma Ying-jeou, Taiwan's president, has markedly improved relations with China since taking office last summer.
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