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Sign an investment treaty with the US, economist says

Economist Derek Scissors is urging Taiwan to diversify its international investment portfolio and seek a bilateral investment treaty with the US.

Scissors, a research fellow with the Asian Studies Center at the Washington-based Heritage Foundation, says that the US and Taiwan have an extraordinarily intense trading relationship.

With a population of 23 million, Taiwan is the US’ ninth-largest trading partner. However, excluding the microstates, it is actually the US’ third-largest trading nation on a “per person” basis.

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‘Journal’ editorial warns Obama not to appease China by withholding jets

As China intensifies its campaign to stop US President Barack Obama from selling F-16C/D aircraft to Taiwan, some friends of Taipei are hitting back.

The Wall Street Journal has published an editorial on its Web site, warning Obama not to appease Beijing.

It says that Beijing is “lobbying furiously” against the F-16 deal and that if the US administration gives in “China will conclude it can intimidate the US from assisting its allies.”

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Newsflash

Democratic Progressive Party’s (DPP) Department of International Affairs Director Hsiao Bi-khim (蕭美琴) yesterday alleged that China was behind Cairo barring former vice president Annette Lu (呂秀蓮) from entering Egypt even though she had a visa.

Hsiao, vice president of Liberal International (LI) who just returned from an LI Congress in Cairo, said yesterday that the Egyptian organizer, the Democratic Front Party, asked the Egyptian foreign ministry to tell the DPP, an LI member, that Cairo would not let Lu enter the country.