On the other hand, a study conducted by the Chung-Hua Institution for Economic Research in Taiwan estimates that an ECFA would increase this country’s GDP by 1.72 percent — only US$6.9 billion. If there are complementary measures to create a win-win situation, have these been clearly explained?
The main reason Ma’s cross-strait policy has stalled is not Beijing’s united front tactics, but Ma’s failure to build credibility within his party. Taiwan has witnessed two transfers of power, and both have proved that access to political resources will not buy public support. Sovereignty still rests with the people.
Although improving cross-strait relations is important, it is not as important as gaining public trust and improving living standards.
Lu I-ming is the former publisher and president of Taiwan Shin Sheng Daily News.
TRANSLATED BY TED YANG
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