Tue, Jan 12, 2010 - Page 8 News List

ECFA threatens Taiwan’s surplus

By Chen Hurng-yu 陳鴻瑜

It is to be expected that the signing of an ECFA will see cheap Chinese goods flow into Taiwan. We must pay attention to whether that increase will lead to a trade deficit that would hurt even more small and medium-sized enterprises, setting off a wave of unemployment. We should also pay attention to whether the government is aware of the importance of diversifying risk and whether it has prepared a rescue plan.

Chen Hurng-yu is a professor at National Chengchi University’s department of history.

TRANSLATED BY PERRY SVENSSON

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