The Hazards For President Chen Aren't Just Across The Straits

Corruption, financial reform, nuke plants--the list is long

Nita Ing knows why she voted for Taiwan's incoming President Chen Shui-bian. She wanted an end to 55 years of uninterrupted rule by the Kuomintang (KMT). Ing--president of contractor Continental Engineering Corp. and head of Taiwan's $15 billion high-speed train project--was fed up with the corrupt web of government-business relations that throttled public-works projects. "We kept complaining about the old government," says Ing, 45. But until the Mar. 18 election, when she and other corporate bosses backed opposition leader Chen, "we didn't know if we had the courage to change."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.