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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

Former vice secretary of the National Security Council (NSC) Parris Chang recently wrote in the Formosa Post that NSC Secretary-General Su Chi visited China in 2005 when he was serving as a Chinese Nationalist Party (KMT) legislator and that he was looked after by the Chinese government.

During his stay, he gave a speech at a Chinese Communist Party (CCP) school in which he spoke out against the US government’s sale of military items to Taiwan, a move that caused the US to suspect Su’s allegiance, Chang said.