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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 (DPP) Chairperson Tsai Ing-wen (蔡英文) yesterday highlighted the US-Japan security pact as the cornerstone of stability in East Asia and the DPP’s wish to strengthen Taiwan’s relations with Japan in a speech in Tokyo.

Japan “continues to occupy a special place in the emotions of the Taiwanese people,” the DPP’s presidential candidate told the Foreign Correspondents Club of Japan.

Tsai, who is in the middle of a three-day visit to Japan, emphasized four elements in Taiwan’s relationship with Japan: security, democracy, economy, and trade and travel, as well as other areas of interaction.