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(1) Bruce Einhorn, Taiwan’s Protests Point to a Deeper Crisis.
www.businessweek.com/articles/20 ... -to-a-deeper-crisis
Quote:
“Since his election in 2008, Taiwanese President Ma Ying-jeou has presided over uneven growth and has had to deal with some of the lowest popularity polls in Taiwan’s political history. Ma’s answer to the island’s economic woes is to draw closer to its largest trading partner, China. It’s a risky strategy.” paragraph 1
“Yet the current deal is ‘not that important,’ says [Taiwan economist for Bank of America Merrill Lynch Marella] Chow [中央通訊社: 美銀美林經濟學家周奐彤 (my guess is she was not born in Taiwan, judging from the surname spelling)]. ‘The most important is the trade-in-goods agreement [the Ma administration: 貨品貿易協議] afterwards.’ This is a far more ambitious pact that would reduce tariffs and enable Taiwanese exporters to sell made-in-Taiwan products in the mainland more easily. It would also end protection for Taiwanese farmers by opening the island to food imports from the mainland. Even before the demonstrations, the trade-in-goods agreement was a sensitive subject for both opponents and supporters of closer ties with China. With the Sunflower Movement mobilized, Ma’s task is even more daunting.
Note:
(a) summary underneath the title in print: Thousands march as the island struggles to regain [economic] momentum
(b) There is no need to read the rest, which is familiar.
(c) My guess, only guess without proof, is Taiwan’s poor economy reflects, to an extent, that of China--which needs to boosts government investment to fire up its own economy. |
发表于 4-7-2014 15:58:39
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