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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


Hundreds of thousands of protesters joined the annual 01 July rally from Victoria Park to Central calling for `one person, one vote` and universal suffrage for the 2017 chief executive election, marking the 16th anniversary of Hong Kong`s handover to Chinese rule after 156 years of British administration.
Photo: EPA

Tens of thousands of protesters, some waving British imperial flags and denouncing Chinese “colonists,” marched through torrential rain in Hong Kong yesterday to clamor for universal suffrage on the 16th anniversary of the territory’s return to Chinese rule.

Tropical Storm Rumbia brought a drenching and strong winds to the march, now an annual outpouring of discontent directed at both China’s communist government and the semi-autonomous territory’s local leadership.