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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

The WHO’s insistence on referring to Taiwan as a part of China was a slap in the face for the so-called “1992 consensus” advocated by President Ma Ying-jeou (馬英九), the Democratic Progressive Party (DPP) said yesterday.

Citing a letter sent by the WHO to the European Parliament’s Taiwan Friendship Group (TFG) that said the designation of “Taiwan, China” has been the organization’s consistent practice, DPP Legislator Kuan Bi-ling (管碧玲) said the letter showed there was no such thing as “one China with different interpretations,” as Ma and the Chinese Nationalist Party (KMT) have claimed the consensus entails.