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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

Controversial remarks made by the Chinese Nationalist Party (KMT) administration and pro-unification academics about the 228 Massacre reverberated after the nation observed the 67th anniversary of the tragedy on Friday, drawing strong criticism from a broad spectrum of society.

In addition to remarks by President Ma Ying-jeou (馬英九) and National Taiwan University professor Wang Hsiao-po (王曉波), the public was also angered by a comment from Premier Jiang Yi-huah (江宜樺).