National Taiwan University economics department chairwoman Jang Show-ling (鄭秀玲) yesterday called on the government to renegotiate the cross-strait service trade agreement because of what she called its unequal terms and violation of 2001 Nobel Economics Prize winner Joseph Stiglitz’s definition of free-trade agreements.
Taiwan and China inked the cross-strait service trade agreement in Shanghai in late June. If ratified by the Legislative Yuan, it will open up 55 non-financial services sub-sectors to Chinese investment, including printing, tourism, restaurants, packaging, delivery service, car rentals and the hair and beauty industry.
Jang said the agreement was completely against democratic principles, saying that President Ma Ying-jeou’s (馬英九) administration kept the nation in the dark by not holding public hearings about the agreement prior its signing, and also kept the legislature from being involved until after the signing.
“We are a democratic society governed by law; can the [Taiwanese] accept an agreement based on backroom deals?” Jang asked, adding that “the people are not against the Ma administration for dealing with China, but they are adamantly opposed to the Ma administration’s signing of an agreement with China that is riddled with serious flaws.”
Jang said that the agreement fulfilled none of Stiglitz’s definition of “basic principles” in free trade in an article published by Britain’s Guardian newspaper in July, explaining that “any trade agreement has to be symmetrical ... no trade agreement should put commercial interests ahead of broader national interests ... there must be a commitment to transparency.”
Opening up the beauty and hair sectors to China would harm local industries that are already at a disadvantage, Jang said, adding that allowing Chinese investment in printing and telecommunications posed risks to national security, as they were central to freedom of speech and privacy of communication.
The agreement would only benefit larger corporations and would have a destructive impact on the medium, small, and even micro, businesses that form 99 percent of Taiwan’s tertiary sector, she added.
When faced with Chinese companies — whose modus operandi is the monopolization of the entire market from production, manufacture, to distribution — as well as other domestic competitors backed by state-owned corporations, these industries would have no choice but to fall like dominos, Jang said, adding that the domino effect would directly affect more than 4 million Taiwanese workers.
EXPANSIONIST: China deploys an average of 40 to 50 warships and coast guard vessels daily in the South China Sea, despite pledges not to militarize the region, an official said China is attempting to expand its influence across the First Island Chain and increase pressure on Japan by sending coast guard vessels into waters off of Taiwan under the pretext of maritime negotiations with Japan and the Philippines, a national security official said yesterday. China’s recent actions in the waters east of Taiwan and Japan and the Philippines’ exclusive economic zones (EEZ) are attempts to establish dominance in First Island Chain waters, said the official who declined to be named, adding that this is “expansion disguised as law enforcement.” Framing China’s actions solely as a cross-strait issue is a serious misjudgment that
Through analyzing fossil evidence, a research team at National Taiwan University (NTU) discovered the largest endemic bird to have lived in Taiwan, naming it Pavo miejue, or extinct peafowl (滅絕孔雀). The Mikado pheasant, which is printed on the back of the NT$1,000 bank note, was previously believed to be the biggest endemic bird to Taiwan. The research team’s findings suggest that Pavo miejue lived during the Pleistocene epoch tens of thousands of years ago. It is the first endemic extinct bird species discovered and formally named in Taiwan. The study was coauthored by NTU Institute of Ecology and Evolutionary Biology professor Tsai Cheng-hsiu (蔡政修),
Taiwan Taoyuan International Airport is to suspend its automated Skytrain service connecting Terminal 1 and Terminal 2 starting on July 1 to facilitate connection works for the upcoming Terminal 3, the airport operator said today. Passengers and staff who need to travel between the two terminals after the suspension can instead use the Taoyuan MRT or the airport's 24-hour shuttle bus service, Taoyuan International Airport Corp said. The Taoyuan MRT Airport Line directly links the two terminals, while the shuttle buses are to operate around the clock, the company added. The Skytrain provides free transportation between the airport’s two terminals for travelers and
Taiwan ranked 42nd in terms of peacefulness among 163 countries, down five places from last year, according to this year’s Global Peace Index. With an overall score of 1.751, Taiwan dropped from 37th last year, the report published by the global Institute for Economics and Peace showed. The overall score measures a country’s level of peacefulness using 23 quantitative and qualitative indicators across three domains — ongoing domestic and international conflict, societal safety and security, and militarization. While Taiwan ranked 42nd worldwide, it was listed in ninth place among the 19 Asian-Pacific countries in the report, after New Zealand, Singapore, Japan, Malaysia,
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