President Ma Ying-jeou (馬英九) yesterday urged China to scrap the growing number of missiles aimed at Taiwan, adding that he would not exclude the possibility of meeting Chinese leaders one day.
Taiwan planned to buy more weapons from the US to protect itself, although it did not want an arms race with China as trade ties expand and with more deals expected to be signed in the coming year or so, Ma said.
“[There are] more than 1,000 [missiles] and they haven’t changed that. The number continues to go up. That is certainly a great concern for the people here,” Ma said during an interview at the Presidential Office.
“If we are to negotiate a peace agreement with the mainland, certainly we expect them to do something about those missiles, either to remove them or dismantle them,” said Ma, who has attempted to ease tensions with China since taking office in May last year.
The 59-year-old Ma, who became chairman of the Chinese Nationalist Party (KMT) over the weekend, said he would not rule out meeting Chinese leaders, such as his counterpart Hu Jintao (胡錦濤).
“I won’t exclude that possibility, but there’s no timetable for that yet,” Ma said, when asked if he would meet Hu. “At the moment, we have our hands full with economic issues.”
Despite political differences, commercial ties have flourished. China is Taiwan’s largest trading partner with two-way trade of more than US$130 billion, while Taiwanese businesses have poured more than US$100 billion into China.
Ma said the nation needed to diversify its exports to stay competitive and forecast 4 percent economic growth next year. He also said Taiwan expected to sign a deal similar to a free-trade agreement with China next year that would cut tariffs.
The president hopes more of the exports that go to China would be sold to the Chinese domestic market, instead of being re-exported to advanced economies, such as the US and Europe, that have been harder hit by the steep global downturn.
“It’s not possible for us to change the economy, [which is] based on exports, but we could diversify the export market, not focusing entirely on the United States or Europe,” Ma said. “Actually, the largest export destination is mainland China, but many of the goods with mainland China are reprocessed to be re-exported to the US and Europe, so we will modify that policy so that mainland China is no longer treated only as a factory, but rather as a market.”
South Korea has adjusted its electronic arrival card system to no longer list Taiwan as a part of China, a move that the Ministry of Foreign Affairs said would help facilitate exchanges between the two sides. South Korea previously listed “Taiwan” as “Taiwan (China)” in the drop-down menus of its online arrival card system, where people had to fill out where they came from and their next destination. The ministry had requested South Korea make a revision and said it would change South Korea’s name on Taiwan’s online immigration system from “Republic of Korea” to “Korea (South),” should the issue not be
Tainan, Taipei and New Taipei City recorded the highest fines nationwide for illegal accommodations in the first quarter of this year, with fines issued in the three cities each exceeding NT$7 million (US$220,639), Tourism Administration data showed. Among them, Taipei had the highest number of illegal short-term rental units, with 410. There were 3,280 legally registered hotels nationwide in the first quarter, down by 14 properties, or 0.43 percent, from a year earlier, likely indicating operators exiting the market, the agency said. However, the number of unregistered properties rose to 1,174, including 314 illegal hotels and 860 illegal short-term rental
The Legislative Yuan’s Finance Committee yesterday approved proposed amendments to the Amusement Tax Act (娛樂稅法) that would abolish taxes on films, cultural activities and competitive sporting events, retaining the fee only for dance halls and golf courses. The proposed changes would set the maximum tax rate for dance halls and golf courses at 50 and 20 percent respectively, with local governments authorized to suspend the levies. Article 2 of the act says that “amusement tax shall be levied on tickets sold or fees charged by amusement places, facilities or activities” in six categories: “Cinema; professional singing, story-telling, dancing, circus, magic show, acrobatics
INFLATION UP? The IMF said CPI would increase to 1.5 percent this year, while the DGBAS projected it would rise to 1.68 percent, with GDP per capita of US$44,181 The IMF projected Taiwan’s real GDP would grow 5.2 percent this year, up from its 2.1 percent outlook in January, despite fears of global economic disruptions sparked by the US-Iran conflict. Taiwan’s consumer price index (CPI) is projected to increase to 1.5 percent, while unemployment would be 3.4 percent, roughly in line with estimates for Asia as a whole, the international body wrote in its Global Economic Outlook Report published in the US on Monday. The figures are comparatively better than the IMF outlook for the rest of the world, which pegged real GDP growth at 3.1 percent, down from 3.3 percent
RSS