At an academic seminar to discuss cross-strait financial supervision yesterday, visiting Mainland Chinese finance officials snubbed their Taiwanese counterparts with a politicized gesture to uphold the so-called "one China" principle.
"The precondition of the `one China' principle should be set before facilitating any official cross-strait financial supervision," Han Mingzhi (韓明智), deputy director-general of department of international cooperation under the China Banking Regulatory Commission (中國銀監會), yesterday told the 9th cross-strait financial exchange seminar in Taipei.
Han reiterated complaints made on Thursday by the leader of the 25-member Chinese delegation Liu Tinghuan (劉廷煥), vice chairman of the People's Bank of China, that Taiwan authorities still disallow Chinese banks to set up liaison offices here in Taipei. According to Liu, seven Taiwanese banks have been approved to branch into China.
Han rejected a practical proposal allowing the private sector to resolve the thorny cross-strait issue, saying the private sector isn't capable of reaching any consensus on the "one China" principle.
Resisting China's politicized move, a Taiwanese banking regulator, Chang Ming-daw (張明道), deputy director general of the Bureau of Monetary Affairs, yesterday said mutual benefits for the banking sector's development should be stressed while urging his Chinese counterparts to put aside cross-strait political differences.
Chang, moreover, stressed the importance of equality and national dignity while conducting cross-strait dialogues to iron out differences.



