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High-tech China ban to go: premier

Premier Wu Den-yih (吳敦義) said yesterday the government would soon lift a ban on high-tech industries setting up operations in China, saying regulations for the review and approval of applications were still being deliberated on by the Ministry of Economic Affairs (MOEA).

“I recently had a briefing from the MOEA [on reviewing investment bans on China] and was in support of its suggestions [to ease restrictions], but we still need to work out a detailed plan, as well as rules for reviewing applications,” Wu said at a press conference mapping out his Cabinet’s policies for this year.

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Defense, beef ban unrelated: US official

The increasingly fractious beef row between Washington and Taipei will not impact arms sales or other aspects of the bilateral relationship, Assistant US Secretary of State for East Asia and the Pacific Kurt Campbell said on Thursday.

Asked if Taiwan’s decision to ban some kinds of US beef would go beyond trade and economic relations and be linked to such vital issues as security and arms sales, Campbell said that it would not.

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Newsflash

Taiwan is already a sovereign and independent nation and therefore has no need to declare its independence, Vice President William Lai (賴清德) said at his swearing in as Democratic Progressive Party (DPP) chairman in Taipei yesterday.

Lai, who is regarded as the frontrunner to secure the DPP’s nomination for next year’s presidential election, made the comment after being asked to clarify his cross-strait policy.

Last month, he said it was to promote peace while protecting Taiwan.