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Taipei inks financial MOU with China

The nation’s financial regulator unexpectedly signed a financial memorandum of understanding (MOU) with Beijing at 6pm via a document exchange yesterday, sealing the much awaited pact.

Financial Supervisory Commission (FSC) chairman Sean Chen (陳冲) announced in the evening that he represented Taiwan in signing the documents — one in traditional Chinese and one in simplified Chinese — with Chinese authorities through a document exchange at 6pm.

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Foreign academics urge Ma to seek public consensus

President Ma Ying-jeou (馬英九) must seek public consensus on the development of cross-strait ties as Taipei-Beijing relations spread into more political areas, some European experts on cross-strait affairs said in interviews with the Taipei Times.

Dafydd Fell, senior lecturer of the department of political and international studies at the School of Oriental and African Studies (SOAS), University of London, said Ma needs to be very cautious on the pace of liberalizing cross-strait relations.

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Newsflash


A statue of Chiang Kai-shek at Fu Jen Catholic University in New Taipei City is decorated yesterday with a hemp mourning garment and signs demanding that the Chinese Nationalist Party (KMT) apologize for its crimes in connection with the 228 Incident.
Screen grab from Internet

With the 68th anniversary of the 228 Incident approaching, President Ma Ying-jeou’s (馬英九) administration has come under fire from Academia Sinica modern history researcher Chen Yi-shen (陳儀深), who said the administration is misrepresenting history and mitigating the Chinese Nationalist Party’s (KMT) responsibility for the 228 Incident.

The very nature of the 228 Incident, a historical tragedy that is the by-product of a clash of different ethnicities, is that it was a massacre of civilians by the KMT government, Chen said.