From The Wall Street Journal:At a time when global financial risks seem larger by the day, there's one risk that's receding: tension across the Taiwan Strait.
Yesterday China and Taiwan agreed to open new air, sea and postal links. This establishes the hitherto elusive "three links" -- direct trade, transport and mail -- that the two governments have been talking about for years. They also agreed to cooperate on food safety regulation as well as to hold further talks every six months, alternating between Beijing and Taipei.
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