A historic meeting between China and Taiwan to discuss cross-strait transport links may have big implications for the countries and their exchange traded funds (ETFs).
It’s the highest-level meeting since the countries split in 1949, reports the BBC. Taiwan’s new president, Ma Ying-jeou, has made calls for a new "chapter of peace." He’s committed to easing tensions in the country and has promised to reverse the policy of emphasizing political separateness from the country.
The meeting was between Nationalist Party Chairman Wu Poh-hsiung and Chinese President Hu Jintao.
Hu expressed gratitude for the aid Taiwan provided after China’s earthquake, while Wu said the two countries should work to ensure they never take up arms against one another again.