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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


People take pictures of the Grand Hotel in Taipei yesterday, which illuminated some of its rooms to spell out the word “Zero” after Taiwan reported no new COVID-19 cases for the third day this week.
Photo: EPA

Taiwan yesterday again registered no new cases of COVID-19 — the third time this week — as the Central Epidemic Command Center (CECC) said that travelers arriving from Southeast Asia, where the pandemic appears to be getting worse, would be the focus of stricter screening.