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High-tech China ban to go: premier

Premier Wu Den-yih (吳敦義) said yesterday the government would soon lift a ban on high-tech industries setting up operations in China, saying regulations for the review and approval of applications were still being deliberated on by the Ministry of Economic Affairs (MOEA).

“I recently had a briefing from the MOEA [on reviewing investment bans on China] and was in support of its suggestions [to ease restrictions], but we still need to work out a detailed plan, as well as rules for reviewing applications,” Wu said at a press conference mapping out his Cabinet’s policies for this year.

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Defense, beef ban unrelated: US official

The increasingly fractious beef row between Washington and Taipei will not impact arms sales or other aspects of the bilateral relationship, Assistant US Secretary of State for East Asia and the Pacific Kurt Campbell said on Thursday.

Asked if Taiwan’s decision to ban some kinds of US beef would go beyond trade and economic relations and be linked to such vital issues as security and arms sales, Campbell said that it would not.

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Newsflash


President Tsai Ing-wen talks to reporters at the Presidential Office Building in Taipei yesterday.
Photo: Peter Lo, Taipei Times

President Tsai Ing-wen (蔡英文) yesterday said that Taiwanese would not accept any political agreement that undermines the nation’s sovereignty or democracy, amid controversy over the Chinese Nationalist Party’s (KMT) plan to ink a cross-strait peace treaty with Beijing if it returns to power next year.