Sun, Apr 10, 2011 - Page 8 News List

Too soon to laud success of ECFA

By Tung Chen-yuan 童振源

The growth of imports from China fell from 100.2 percent in January last year to 38.9 percent for the same period this year. Despite that, China’s proportion of Taiwan’s imports saw a marked increase from 13.9 percent last year to 15.9 percent this year. This makes it clear that the ECFA has not made Taiwanese exports to China more competitive. Instead, it has improved the competitiveness of Chinese exports to Taiwan.

Cross-strait trade is of course affected by many different factors and the effect of the ECFA should not be judged based on simple trade data nor should it be judged on short-term changes in trade. However, the ministry’s judgment is not only based on simple short-term trade data, it also misleads the public by using exaggerated data from Chinese customs authorities.

I call on the ministry to apologize for wasting funds on exaggerating the effect of the ECFA and to release long-term data for the products on the early harvest list so that the public can have a chance to make an accurate evaluation of the ECFA.

Tung Chen-yuan is a professor at National Chengchi University’s Graduate Institute of Development Studies.

TRANSLATED BY PERRY SVENSSON

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