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Ministry distorted ECFA study: DPP

The Democratic Progressive Party (DPP) yesterday accused the Ministry of Economic Affairs (MOEA) of tampering with an impact assessment report on signing an economic cooperation framework agreement (ECFA) with China, saying the ministry had deflated potential job losses that could follow the trade deal's implementation.

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No mention of Taiwan situation in Obama speech

US President Barack Obama delivered his first major policy speech on China without mentioning Taiwan or even mildly challenging Beijing on its human rights record.

Addressing the opening session of a two-day “Strategic and Economic Dialogue,” he described the meeting as “an essential step forward in advancing a positive, constructive and comprehensive relationship between our countries.”

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Newsflash

Labor rights activists and business leaders with experience working in China agree that signing a trade agreement between Taiwan and China would speed up capital outflow from the nation, but their opinions differ on solving Taiwan’s unemployment problem.

A proposed economic cooperation framework agreement (ECFA) with China “would speed up outflow of domestic capital and the exodus of businesses and it will not solve the unemployment problem,” Victims of Investment in China Association (VICA) president William Kao (高為邦) said.