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Taiwan's Ma says ending China standoff a must for the economy

Published on Jan 2, 2014 4:33 PM

TAIPEI (REUTERS) - Ending Taiwan's political standoff with mainland China is necessary to boost Taiwan's sagging economy and to help it integrate more effectively with the region, the island's president, Mr Ma Ying-jeou, said.

China considers Taiwan a renegade province and has not ruled out the use of force to bring the island under its control. Economic ties, however, have grown considerably in recent years, especially since Mr Ma took office in 2008.

In October, Chinese President Xi Jinping said a political solution to the standoff could not be postponed forever. But Mr Ma later said he saw no urgency for political talks and wanted to focus on trade.

"I fully understand that if the Taiwan economy is to expand further, we need to end the cross-strait standoff," Mr Ma was quoted as saying in a statement posted on the Presidential Office's website.

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