Ching pin-kung, who heads the Straits Exchange Foundation (sef), the body through which Taiwan talks to China, called it "a key moment" and a "win-win economic situation". The arrival in Taiwan on November 3rd of his mainland Chinese counterpart, Chen Yunlin, offered a ray of hope for the island's faltering economy. Mr Chen, the highest-ranking visitor from China since the end of the civil war in 1949, came to sign a slew of business agreements. But for Taiwan's president, Ma Ying-jeou, the visit was a gamble.
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