Vatican to move Chinese embassy from Taiwan.

Associated press has the story:

VATICAN CITY -- The Vatican's foreign minister said Saturday that the "time is ripe" for the Holy See and Beijing to establish diplomatic relations, and confirmed it is ready to move its embassy from Taiwan.

However, there were some things that the Vatican will not give up, Archbishop Giovanni Lajolo said, in an apparent reference to the Roman Catholic Church's tradition that the pope names his bishops. China demands a say in the appointment of bishops. [more]