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My Profile Live Election Coverage Breaking news, state-by-state map and more... Election News You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Taiwan and China to sign agreements Tue Nov 4, 2008 1:40am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Ralph Jennings TAIPEI (Reuters) - Top officials from Taiwan and China will sign deals on daily direct flights, new cargo routes and food safety on Tuesday during Beijing's highest-level visit to its political rival in 60 years. China negotiator Chen Yunlin also said he aimed to normalize financial ties with Taiwan amid the global financial crisis, despite protests from Taiwan's opposition Democratic Progressive Party (DPP) which favors putting distance between the island and China and a formal declaration of independence. Communist China has claimed sovereignty over democratic Taiwan since 1949, when Mao Zedong's forces won the Chinese civil war and Chiang Kai-shek's KMT fled to Taiwan. Beijing has vowed to bring Taiwan under its rule, by force if necessary. Chen and his Taiwan counterpart, P.K. Chiang, are due to sign 13 agreements, putting aside security and sovereignty concerns to let planes fly directly between the two sides every day and launch direct cargo links for the first time. Ties have warmed rapidly since China-friendly Taiwan President Ma Ying-jeou took office in May, paving the way for mid-June talks in Beijing, the first in about a decade. Ma is walking a fence between helping Taiwan's economy by tying it more to the booming markets in China and appealing to voters at home by keeping a political distance from Beijing. "He hopes the Chiang-Chen meeting will raise his approval ratings," said Hsu Yung-ming, a political science professor at Soochow University in Taipei. "Whether that happens or not is hard to say. We need to see how the stock market does." Taiwan stocks have rallied 13 percent over the past three sessions, with the tourism subindex up more than 30 percent percent over the past week on hopes for more travel between the two sides. But thousands of demonstrators led by the DPP spent a night on the streets of central Taipei, using loudspeakers, banners and ribbons to condemn China and accuse Ma of selling out. On Tuesday morning, protesters honked horns, lit fireworks and raised banners near the meeting venue, which was guarded by hundreds of police. NEGOTIATORS MAP NEXT MOVE The negotiators meanwhile met to chart the next round of talks, which are likely to take place in China in early 2009. Joint criminal law enforcement, legal protection for Taiwan investors in China and more food safety cooperation in light of a tainted milk powder scandal that has shaken Beijing should make the agenda, Taiwan's negotiator said. The early 2009 round should also focus on weathering the global financial crisis by "normalizing," "tightening" and "systematizing" cooperation, Chen said. Talks will cover banking, securities and futures markets. Taiwan's flagging economy has more to gain from cooperation, though China's GDP growth slowed sharply in the third quarter, putting the country on track for single-digit full-year growth for the first time since 2002. Continued... View article on single page Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: Venezuela's Chavez attacks opposition rival Also on Reuters Analysis: How Obama went from longshot to favorite Media groups turn on Web for election cover Slideshow Campaign supporters on both sides brace for nail-biting end Related News Taiwan, China sign deals on trade, transit 1:40am EST Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. Slideshow Election 2008 digital tomb Muay Thai fight Lifestyle: Yiddish revival creates rift Top News: Muslims seek crisis plan with Vatican International: African albinos killed for body parts Most Popular on Reuters Articles Video Recommended Obama mourns grandmother on election eve Networks may call election before some polls close Frozen mice cloned - are woolly mammoths next? Obama's grandmother dies of cancer in Hawaii Circuit City to shut 155 stores, mulling options CORRECTED: Obama, McCain get early win in Dixville Notch Obama and McCain face judgment of voters Rare flash of anger from Obama on Halloween night Bush team rushes environment policy changes Taiwan and China to sign agreements Most Popular Articles RSS Feed Video Obama's grandmother dies First stop for Petraeus: Pakistan Many unknowns before election day Candidates make their final push Prank call catches Palin off guard Issues surface in early voting McCain supporters remain upbeat Betting on the U.S. elections Aid convoy reaches Congo rebel zone Obama's aunt is 'illegal alien' Most Popular Videos RSS Feed Live Coverage of Election Night, 2008 Breaking news headlines Interactive state-by-state map Tails from the Trail blog Reuters/Zogby tracking polls Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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