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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 controversy surrounding an Associated Press (AP) interview with President Ma Ying-jeou (馬英九) took a new turn yesterday after Government Information Office (GIO) Minister Johnny Chiang (江啟臣) sent a letter to John Daniszewski, the international editor at AP, requesting that the news agency “investigate the causes of distortions in the interview piece” and make corrections as soon as possible.

At the heart of the controversy is a section of the interview published by AP on Tuesday where Ma’s remarks are portrayed as suggesting that sensitive political talks with Beijing, including security issues, could start as early as his second four-year term, provided he is re-elected in 2012.