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Capital outflows will rise after an ECFA: activists

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.

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China's honeymoon over, activist says

Both Google’s threat to withdraw from the Chinese market and the reaction of Western countries to the heavy sentence handed down to Chinese dissident Liu Xiaobo (劉曉波) may be signs that the honeymoon period between the West and China has ended, Chinese democracy activist Wang Dan (王丹) said yesterday.

Wang made the remarks at a press conference held in Taipei attended by a number of political activists voicing their support for Google and for Liu.

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Newsflash


Minister of Education PanWen-chung answers questions yesterday at the Legislative Yuan in Taipei.
Photo: Fang Pin-chao, Taipei Times

Minister of Education Pan Wen-chung (潘文忠) yesterday called on National Taiwan University (NTU) president-elect Kuan Chung-ming (管中閔) to respond to allegations that he had illegally worked in China, saying that Kuan’s appointment would not be approved if a government task force found the allegation to be true.