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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

Thubwang Kyab, 23, sets himself ablaze on the main street of Sangkog town in Sangchu, Tibet on October 26, 2012 protesting China's rule. He succumbed to his injuries at the protest site.

DHARAMSHALA, December 21: Beijing based journalists of the Canadian Broadcasting Corporation have been able to gain rare access to Tibet, reporting on Tibetan voices of dissent and resistance in the face of heavy security crackdown in the region.

“China is not good to us,” a Tibetan woman, described as a herder, with her face hidden for security reasons tells the camera. Another woman asserts, “We would be so happy if the Dalai Lama comes back.”