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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


President Tsai Ing-wen, center, is flanked by National Security Council Secretary-General Joseph Wu, left, and Minister of Foreign Affairs David Lee as she speaks to US president-elect Donald Trump over the telephone in the Presidential Office in Taipei on Friday evening.
Photo provided by the Presidential Office

President Tsai Ing-wen (蔡英文) and US president-elect Donald Trump spoke over the telephone on issues relating to improving the economy and strengthening national defense, the Presidential Office said yesterday.