Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Improved ties mean a declining economy

Heavy investment in China by Taiwanese businesspeople will have many negative effects on Taiwan in the long run. I will limit my discussion to just two.

First, large amounts of investment in China by Taiwanese means that less money is invested in Taiwan, and this slows down the rate of domestic industrial upgrade. Since the majority of Taiwanese businesspeople can use their existing technologies to manufacture products in China, they have no need to conduct research and development or to invest in Taiwan, nor do they face any immediate pressure to improve the quality of their business operations, which means industrial upgrades here have slowed and will continue to do so.

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Another self-inflicted shot in the foot

Vaccination is the best way to protect against influenza. The government, with vaccines sourced from home and abroad, launched an inoculation program on Nov. 1 for those considered at high risk of contracting A(H1N1), or swine flu. It subsequently launched a nationwide immunization program on Dec. 12, hoping to shield the population against the global epidemic.

Despite the government’s all-out campaign, and despite incentives such as cabbage, towels and stationery offered at some locations, the inoculation rate remains short of the targeted 30 percent of the population. Department of Health Minister Yaung Chih-liang (楊志良) said the inoculation rate was around 20 percent as of Tuesday.

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KMT, CCP hit gas pedal for 'one China' market

The ruling parties of Taiwan and the authoritarian People's Republic of China unmistakably signalled yesterday their common intention to accelerate Taiwan's economic integration into the PRC-led "one China market" under the guise of an "economic cooperation framework agreement."

In the wake of the symbolic setback suffered by Ma's right-wing Chinese Nationalist Party (Kuomintang) in the Dec. 5 "three-in-one" local elections, pundits have been divided on whether the polls would compel the Ma administration to slow down or accelerate the negotiations for the controversial trade pact.

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Excuse our ‘technical issues’

It was a slap in the Taiwanese government’s face when negotiations on a cross-strait mechanism to avoid double taxation broke down at the last minute on Monday.

However, it should be a precious lesson for President Ma Ying-jeou’s (馬英九) administration: Haste makes waste.

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Newsflash

Taipei District Prosecutors yesterday added more charges against detained former president Chen Shui-bian (陳水扁), alleging the former president instructed his former aides to lie about the reimbursement processes for the presidential “state affairs fund.”

Prosecutors allege that in 2006, when he was still in office, Chen called a meeting at the Presidential Office with former Presidential Office deputy ­secretary-general Ma Yung-cheng (馬永成) and former Presidential Office director Lin Teh-hsun (林德訓) to instruct them to lie about inappropriate receipts that were used in reimbursements for the fund.