Thu, Nov 19, 2009 - Page 1 News List

ECFA slim boost to GDP, tool for unification: experts

MEANS TO AN END An economist said that a pact with China was not a strategy for ensuring Taiwan’s prosperity, while the gains to China would be ‘extremely modest’


Hammond-Chambers said the PRC was absolutely committed to ultimately bring Taiwan and China together and that an ECFA was part of that drive.

The Chinese Nationalist Party (KMT) and a coalition of business interests on Taiwan were supporting an ECFA at a time when the country was suffering economic distress, he said.

“The economic narrative that Ma is able to deliver is very appealing,” Hammond-Chambers said.

“But when you talk to people about military and security issues, their support for ECFA falls off and the coalition breaks up,” he said.

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