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Taiwan Tati Cultural and Educational Foundation

Bills urge Washington ‘Taiwan Office’


The nameplate of the Taipei Economic and Cultural Representative Office in Washington is pictured in an undated photograph.
Photo: Lu Yi-hsuan, Tapei Times

A bipartisan group of US lawmakers on Thursday proposed matching bills in the US Senate and US House of Representatives that would require the US to negotiate the renaming of Taiwan’s de facto embassy in Washington as the “Taiwan Representative Office.”

The mission is currently called the Taipei Economic and Cultural Representative Office (TECRO).

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Tsai kills five birds with one stone

President Tsai Ing-wen (蔡英文) on Saturday last week spoke at the opening of the Ching-kuo Chi-hai Cultural Park (經國七海文化園區) and the Chiang Ching-kuo Presidential Library in Taipei.

Despite drawing criticism from all sides for doing so, she was able to kill five birds with one stone.

The first was in the grace and generosity she displayed. Tsai spoke positively about Chiang Ching-kuo’s (蔣經國) staunchly anti-communist stance, highlighting the ridiculousness of the Chinese Nationalist Party’s (KMT) position of working with the Chinese Communist Party.

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Lai, Pelosi talk security issues, China


Vice President William Lai, top left, US House of Representatives Speaker Nancy Pelosi, top right, and Representative to the US Hsiao Bi-khim hold a video conference on Friday.
Photo courtesy of the Presidential Office via CNA

Vice President William Lai (賴清德) discussed security and economic issues, as well as China, with US House of Representatives Speaker Nancy Pelosi during a virtual meeting on Friday, Representative to the US Hsiao Bi-khim (蕭美琴) said.

The meeting lasted about 30 minutes and touched on security issues, economic affairs and shared values, Hsiao told reporters after the meeting.

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Ko still living his ‘Chinese dream’

The Taipei City Council on Monday decided to freeze the NT$1.3 million (US$46,716) budget for the annual forum between Taipei and Shanghai if Chinese military aircraft and ships continue to patrol near Taiwan. The city council should be commended for defying Taipei Mayor Ko Wen-je (柯文哲), as the forum should not be held.

The Chinese Communist Party (CCP) does not allow politicians to hold events that are not in line with party objectives, and the forum is no exception. It is intended to push China’s unification agenda — which most Taiwanese oppose — and the use of public funds for Ko to attend such an event is inappropriate. Arguably, he should not be allowed to visit China — an antagonistic enemy state — at all.

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Newsflash

China’s local government debt may be 3.5 trillion yuan (US$540 billion) larger than auditors estimated, potentially putting banks on the hook for deeper losses that could threaten their credit ratings, Moody’s said yesterday.

Moody’s reviewed a report released by China’s state auditor last week, which found that local governments had chalked up 10.7 trillion yuan of debt. Moody’s said it identified more loans funded by banks after accounting for discrepancies in figures given by various Chinese authorities.

Investors worry the pile of loans, about half of which were racked up during a 2008 stimulus spending binge, could destabilize the Chinese economy in the long run. If banks have to absorb heavy losses, it could restrict lending.