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US analysts urge Washington to pay attention to ECFA

While the Economic Cooperation Framework Agreement (ECFA) will have modest global economic effects, the geo-economic implications are significant enough to demand strategic attention from the US, two US international economists said in a recent study.

Daniel Rosen and Zhi Wang of the Washington-based Peterson Institute for International Economics wrote that the ECFA underscores the importance of securing US economic engagement of the first order in Asia.

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US may be considering Asia-Pacific policy shift

Former US deputy assistant secretary of state for East Asia Randy Schriver said that US President Barack Obama’s administration may be “on the verge” of changing its policies toward Taiwan and the Asia-Pacific region as a whole.

While not spelling out the possible change in detail, Schriver strongly hinted that it could result in a Taiwan arms sale freeze.

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Newsflash

The “senior official” in Washington who tried to undermine Democratic Progressive Party Chairperson Tsai Ing-wen’s (蔡英文) presidential campaign last week was almost certainly from the White House and not the US Department of State, analysts in the US say.

The official called the Financial Times to claim that Tsai had left US President Barack Obama’s administration with “distinct concerns” about her ability to maintain stability in the Taiwan Strait.

The resulting story has been seen as particularly damaging to Tsai and a clear attempt to influence Taiwan’s Jan. 14 presidential election in favor of President Ma Ying-jeou (馬英九).