As Taiwan moves toward finalizing an Economic Cooperation Framework Agreement (ECFA) with China, a US Congressional commission reports a “disturbing trend” by Beijing away from the development of a free market system and toward greater government control of the economy.
“Contrary to its claim of being a market-oriented economy, Beijing continues to comprehensively plan, direct, support and control its economy,” said Carolyn Bartholomew, chairman of the US-China Economic and Security Review Commission.
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President William Lai (賴清德) yesterday pledged to strengthen the nation’s air defense capabilities and build a “T-Dome” system to create a safety net against growing military threats from China. “We will accelerate our building of the T-Dome, establish a rigorous air defense system in Taiwan with multi-layered defense, high-level detection and effective interception, and weave a safety net for Taiwan to protect the lives and property of citizens,” he said in his National Day address. In his keynote address marking the Republic of China’s (ROC) 114th anniversary, Lai said the lessons of World War II have taught nations worldwide “to ensure that the tragedies of history are never repeated.” |
