Wed, Dec 09, 2009 - Page 12 News List

Workers not as confident as companies on ECFA plan

By Ted Yang  /  STAFF REPORTER

While about 85 percent of enterprises are confident that an economic pact with China will boost Taiwan’s economy, nearly 45 percent of local workers think it poses more threats than opportunities, a survey showed yesterday.

The 104 Job Bank (104人力銀行) survey showed that Taiwanese workers remained more pessimistic than enterprises toward a ­government-proposed economic cooperation framework agreement (ECFA) with China.

Topping their concerns were the emigration of Taiwanese companies, the outflow of local capital and technologies and reduced salaries, the survey showed.

The job bank’s survey, which was conducted between Nov. 10 and Nov. 15, showed more than 62 percent of workers feared that an ECFA with China would lead to the dumping of low-priced Chinese products in Taiwan, while 58.7 percent worried that domestic job opportunities would decrease.

About 38 percent of Taiwanese companies thought an ECFA with China would produce more opportunities than threats, while 34.5 percent held the opposite view and 25.7 percent said they have never heard of such an economic agreement, Max Fang (方光瑋), public relations manager of the job bank, said yesterday.

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