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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

China’s authoritarian expansionism would not stop with Taiwan, President William Lai (賴清德) said yesterday, calling for solidarity among the world’s democracies to check Beijing’s territorial ambitions.

Taiwan is determined to become a decisive force for democracy, peace and prosperity, standing side-by-side with its democratic partners to confront authoritarian expansionism and protect shared values, he told the annual Ketagalan Forum on Indo-Pacific security in Taipei.

Authoritarianism is now a global challenge, Lai said, using as examples Chinese military expansionism, economic coercion and the use of hybrid warfare tactics such as cyberattacks and cognitive warfare.