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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


Taipei City Councilor Miao Po-ya of the Social Democratic Party, right, speaks at a news conference held in Taipei yesterday by the Taiwan Association of University Professors and the Taiwan Forever Society in response to National Taiwan University professor Jerome Geaun’s remark that speaking Hoklo is similar to smoking cigarettes.
Photo: CNA

Academics and legal experts yesterday asked the Control Yuan to investigate alleged breaches of the National Languages Development Act (國家語言發展法) at National Taiwan University (NTU), after two professors instituted a rule that school meetings must be conducted in Mandarin only.