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President Tsai on Fortune list of world's greatest leaders
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President Tsai Ing-wen was listed among the world's 50 greatest leaders in the latest annual ranking complied by Fortune.(Photo courtesy of CNA)
Taipei, March 24 (CNA) President Tsai Ing-wen was listed among the world's 50 greatest leaders in the latest annual ranking complied by Fortune, a New York-based business magazine.

Tsai ranked No. 8 on the list released on Thursday. It was the magazine's fourth annual ranking of the World's Greatest Leaders.

In a section introducing the president of Taiwan, Fortune noted that Tsai captured headlines in December with a phone call to then-U.S. President-elect Donald Trump, the first between U.S. and Taiwanese leaders since 1979, when Washington switched diplomatic recognition from Taipei to Beijing.

"It was a bold move for Taiwan's first female President, who's steering a cautious path between the U.S. and China," it said.

Describing Tsai as sympathetic to independence, it said when Beijing tried to punish Taiwan after her January 2016 election by restricting its citizens' visits to the island, she wooed tourists from Southeast Asia to spark a tourism boom.

Tsai is also pushing economic reforms, including shortening the workweek to five days from six, it added.

Covering the areas of business, government, philanthropy and the arts, the list focuses on "men and women who are transforming the world and inspiring others to do the same," Fortune said.

Other leaders on the list include German Chancellor Angela Merkel (No. 10), Canadian Prime Minister Justin Trudeau (No. 31) and Lithuanian President Dalia Grybauskaite (No. 45).

The top three on the list were Theo Epstein, president of baseball operations for the Chicago Cubs, champions of the 2016 World Series, Jack Ma, executive chairman of China-based e-commerce company Alibaba Group, and Pope Francis.

In April 2016, one month before her inauguration, Tsai was included in Time magazine's 2016 list of the 100 most influential people in the world. In June the same year, she was ranked as the 17th most powerful woman in the world by Forbes Magazine in its annual list of the world's 100 most powerful women. (Courtesy of CNA)