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MAC blasted for sending funds to China

Legislators across party lines yesterday showed a rare display of unity in accusing the Mainland Affairs Council (MAC) of violating its budgetary code by illegally using emergency government funds to help Chinese provinces with post-disaster reconstruction projects.

Chinese Nationalist Party (KMT) Legislator Lo Shu-lei (羅淑蕾) said the council intended to allocate a total of NT$65.57 million (US$2 million) from the central government’s emergency fund — also known as the -“second -reserve fund” — in this year’s budget request to help residents of two Chinese provinces rebuild their homes.

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Ball in Taiwan’s camp on missile defense, analyst says

Despite the ability of the radar systems deployed by Taiwan’s military to track and engage large numbers of targets simultaneously, Patriot PAC-2 and PAC-3 missile batteries alone would be insufficient to deter China from launching a missile attack, a US specialist wrote.

“Patriot batteries are only one element of a complete missile-defense system,” Ed Ross, a former principal director for security cooperation operations at the Defense Security Cooperation Agency and senior director for China, Taiwan, Hong Kong and Mongolia at the Office of the Undersecretary of Defense for Policy, wrote in the latest issue of the Jamestown Foundation’s China Brief.

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Newsflash

The economic effects brought by the “early harvest” list of the Economic Cooperation Framework Agreement (ECFA) are more favorable to China than to Taiwan, according to a report released by the legislature’s Budget Center, a finding that contradicts a previous statement by Premier Sean Chen that touted the list’s “remarkable achievements.”

The “early harvest” list, which took effect in January last year, includes items that enjoy preferential tariffs first under the EFCA, an agreement signed between Taiwan and China in 2010 that also includes the opening up of certain industries.