Trade Talks Between Taiwan and China

choi

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(1) Jonatham Adam, Taiwan and China Are in Trade Talks. New York Times, May
13, 2010.
http://www.nytimes.com/2010/05/13/business/global/13straits.html?scp=2&sq=taiwan&st=cse

Note:
(a) Excerpt in the window of the print: Fears that Taiwan's small businesses
will be overwhelmed.
(b) Mr. Adams is in Taiwan for about a year, so far for a minor, online,
English-language report. This is his first report for New York Times.
Whether on a freelance basis, I do not know.

(2) Brian Padden, Indonesian Trade with China Rises, Despite Fears of Tough
Competition. VOA, May 13, 2010.
http://www1.voanews.com/english/news/economy-and-business/Indonesian-Trade-with-China-Rises-Despite-Fears-of-Tough-Competition--93714774.html

Quote:

"Before it went into effect some economists predicted the trade agreement
would increase sales of Indonesian commodities such as palm oil, copper, and
rubber, but would hurt low-end manufacturers. But Indonesia's shoe industry
contradicts that forecast. Footwear sales rose by about 10 percent in the
first quarter of this year, with exports to several markets, including China
, up.

My comment:
(a) The report states, "Overall, Indonesian exports to China more than
doubled from January [when the FTA went into effect] to March , while
imports from China rose by about 50 percent."

But the baseline was a year ago in the depth of Great Recession. Thus FTA
may not be behind the jump. Strengthening my argument is trade data from
Taiwan for the first quarter of this year--the latest data available:
Despite lack of FTA with both China and ASEAN, Taiwan's trade increased by
leap and bound in the period.

(b) The report is translated.

帕登, 印尼对华贸易增长 工会担心竞争激烈. VOA Chinese, May 13, 2010.
http://www1.voanews.com/chinese/news/china/20100513-Indonesia-China-Trade-93709459.html   

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