The government should keep a cool head in gauging the complications of Beijing's "Anti-Secession" Law and should continue trade and economic exchanges to thaw ties between Taiwan and China, a leading domestic economist said yesterday.
The president of the Chung-Hua Institution for Economic Research (
Siew agreed that the government should lodge a strong protest against Beijing's Anti-Secession Law, but advised it to maintain sound economic and trade exchanges across the Taiwan Strait.
Siew said that cross-strait economic activities might be affected in the short term by the Anti-Secession Law, but urged the government to adopt an opening policy to allow for continued interaction between the two sides to offset the law's impact on Taiwan.
He urged the government to be aware of the fact that policies that go against market trends are doomed. As the government still needs to resolve various thorny issues, such as permitting high-tech investment in China and setting up direct transport links, he proposed that the government follow market trends as a means of improving the fragile cross-strait relations.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
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