Fri, Dec 13, 2002 - Page 1 News List

Ma, Paal lament state of cross-strait ties

PRESSING FOR DIRECT LINKS Taipei's mayor and the top US representative to Taiwan say US businesses are leaving the nation because of the lack of links with China

By Chang Yun-Ping  /  STAFF REPORTER

Paal warned in September this year that if Taiwan continued to see China's market only as a threat, it would risk economic isolation.

"If Taiwan continues to view the mainland through the prism of economic threat, it is in danger of isolating itself and getting cut out of tomorrow's deals," Paal said at an AmCham event on Sept. 18.

He also pressed the government to steer clear of past mistakes and formulate "economic policies that will ultimately unshackle entrepreneurial energy and strengthen all business sectors, from energy to high-tech to financial services."

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