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China says ready to talk peace with Taiwan

by Pat Coate | March 05, 2009
"Not just for Taiwan, but for markets all over the world, this was good news."
- Cheng Cheng-mount, Taipei economist

Beijing, China - China Premier Wen Jiabao made a new overture to Taiwan on Thursday, saying Beijing was ready to create the conditions needed to reach a peace agreement with the neighbouring self-ruled island China claims as its own.

Wen's comments -- while not representing a major breakthrough in cross-strait political relations and Beijing's "one-China" principle -- underscore the warming of ties since China-friendly Taiwan President Ma Ying-jeou took office last May.

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