It is no surprise that the Cabinet has tapped a government official to fill the vacancy left by former National Development Council minister Kuan Chung-ming (管中閔), who quit his job last month, saying: “Now that Premier Mao Chi-kuo’s (毛治國) [Cabinet] has stabilized and the council’s budget proposal has passed, my mission at this stage has been completed.”
However, it is a surprise that former minister of economic affairs Woody Duh (杜紫軍) agreed to take the post.
Duh stepped down from his role at the Ministry of Economic Affairs late last year in circumstances similar to Kuan’s, following a Cabinet reshuffle after the Chinese Nationalist Party (KMT) suffered a major defeat in the nine-in-one elections. Duh was one of a few ministers who insisted on vacating their posts at the time.
Photo: Lo Pei-der, Taipei Times
An official who is close to Duh told the Taipei Times that Duh was frustrated because his efforts to convince the public of the importance of cross-strait free-trade agreements were in vain.
The official said Duh believed the outcome of the elections indicated that the KMT would be unable to push through any major economic policies.
“Moreover, Duh said lawmakers insulted him repeatedly, which he did not deserve it at all,” the official said.
“Duh’s appointment to the National Development Council shows that the KMT is having difficulty boosting its morale among members after the elections and it is almost impossible to seek potential candidates from the private sector,” said an official at the Executive Yuan, who declined to be named.
In fact, until a few hours before the Executive Yuan announced the appointment on Jan. 29, Duh was not even on the shortlist for the council position, the official said, a sign that Mao was having difficulty finding a candidate willing and suitable to take the position.
At a handover ceremony on Wednesday last week, Duh said he declined Mao’s offer at first.
“I made myself clear to the premier that I would not take any ministerial positions after leaving the Ministry of Economic Affairs, but he told me that he could not find anyone else suitable to lead the council,” Duh said, adding that he was persuaded by Mao to take the position “for the greater good of Taiwan.”
This is the second time Duh has served as a “relief pitcher” for President Ma Ying-jeou’s (馬英九) administration.
In August last year, Duh was appointed to be the successor of former minister of economic affairs Chang Chia-juch (張家祝), who resigned over the deadly gas pipeline explosions in Kaohsiung, which killed 32 people and injured more than 300 others.
On Wednesday last week, Duh quoted Chinese poet Tao Yuan-ming (陶淵明), saying that he would face the waves of the ocean with no joy and no fear, adding that he would do what he has to do without worrying too much about unknown outcomes.
Duh said he would not give up on the progress of the draft bill on free economic pilot zones, but he would spend more time communicating with the public instead of focusing on the draft bill’s legislative progress.
Taiwan Institute of Economic Research (台灣經濟研究院) director Gordon Sun (孫明德) said he would not comment on Duh’s appointment, but said that he has confidence in Duh’s capability to execute major policies.
“It is still possible for Duh to make a difference, even though the legislature holds control over most policies,” Sun said by telephone, adding that Duh is a well-trained professional, who knows the nation’s industries and has good communication skills.
Sun said the council’s key policies, such as the free economic pilot zones, require legal revisions to improve the nation’s economic and trade environment.
The council also needs to set up policies to foster local talents and encourage business innovations, Sun said, adding that he expects Duh to “achieve something” at the council.
RECYCLE: Taiwan would aid manufacturers in refining rare earths from discarded appliances, which would fit the nation’s circular economy goals, minister Kung said Taiwan would work with the US and Japan on a proposed cooperation initiative in response to Beijing’s newly announced rare earth export curbs, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday. China last week announced new restrictions requiring companies to obtain export licenses if their products contain more than 0.1 percent of Chinese-origin rare earths by value. US Secretary of the Treasury Scott Bessent on Wednesday responded by saying that Beijing was “unreliable” in its rare earths exports, adding that the US would “neither be commanded, nor controlled” by China, several media outlets reported. Japanese Minister of Finance Katsunobu Kato yesterday also
Jensen Huang (黃仁勳), founder and CEO of US-based artificial intelligence chip designer Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) on Friday celebrated the first Nvidia Blackwell wafer produced on US soil. Huang visited TSMC’s advanced wafer fab in the US state of Arizona and joined the Taiwanese chipmaker’s executives to witness the efforts to “build the infrastructure that powers the world’s AI factories, right here in America,” Nvidia said in a statement. At the event, Huang joined Y.L. Wang (王英郎), vice president of operations at TSMC, in signing their names on the Blackwell wafer to
‘DRAMATIC AND POSITIVE’: AI growth would be better than it previously forecast and would stay robust even if the Chinese market became inaccessible for customers, it said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday raised its full-year revenue growth outlook after posting record profit for last quarter, despite growing market concern about an artificial intelligence (AI) bubble. The company said it expects revenue to expand about 35 percent year-on-year, driven mainly by faster-than-expected demand for leading-edge chips for AI applications. The world’s biggest contract chipmaker in July projected that revenue this year would expand about 30 percent in US dollar terms. The company also slightly hiked its capital expenditure for this year to US$40 billion to US$42 billion, compared with US$38 billion to US$42 billion it set previously. “AI demand actually
RARE EARTHS: The call between the US Treasury Secretary and his Chinese counterpart came as Washington sought to rally G7 partners in response to China’s export controls China and the US on Saturday agreed to conduct another round of trade negotiations in the coming week, as the world’s two biggest economies seek to avoid another damaging tit-for-tat tariff battle. Beijing last week announced sweeping controls on the critical rare earths industry, prompting US President Donald Trump to threaten 100 percent tariffs on imports from China in retaliation. Trump had also threatened to cancel his expected meeting with Chinese President Xi Jinping (習近平) in South Korea later this month on the sidelines of the APEC summit. In the latest indication of efforts to resolve their dispute, Chinese state media reported that