China and Taiwan are poised to complete their decade-long quest to enter the WTO, but becoming members of the same club will not necessarily put them on speaking terms.
A WTO special working party approved on Friday an 800-page package of terms for China's accession and the accord will be rubber-stamped at a formal meeting today.
Taiwan, whose WTO bid is intertwined with China's, is expected to win approval tomorrow. That would clear the way for both Taipei and Beijing to join by the end of the year.
PHOTO: AP
"We think under the WTO framework, Communist China must talk to us, but what if they don't?" asked Chiu Kun-shuan (
"Can we sue them? It looks like wishful thinking on our side."
Last month, a blue ribbon committee to President Chen Shui-bian (陳水扁) recommended the government "aggressively open" to China and suggested discussing with Beijing ending a decades-old ban on direct transport links once they have joined the WTO.
But Beijing, which views self-governing Taiwan as a breakaway province that must be brought under its rule, by force if necessary, has refused to deal with Chen. Beijing insists Chen must accept its cherished "one China" principle. Chen refuses, saying the condition is tantamount to a surrender of Taiwan's 23 million people to the Communists.
"Unless Taiwan deals with `one China,' the `three links' won't happen," said Christina Liu (
Taiwan has banned direct trade, transport and postal links with China since a 1949 civil war split the nation.
Nonetheless, Chen's DPP held out hopes.
"All WTO members are equal. One can't discriminate against the other and you can't violate national treatment," said Yu Mei-mei (余莓莓), the DPP's deputy director of China affairs.
"It naturally will solve many problems across the [Taiwan] Strait. WTO provides a channel for dialogue and obliges both sides to abide by international rules," Yu said.
Under the free-trading WTO umbrella, unfair barriers and discrimination are generally barred. If a member perceives a violation of this most-favored-nation principle, it can mount a challenge through the WTO's dispute settlement system. If its complaint is upheld, it can win redress.
But the tangled web of problems between China and Taiwan stretches far beyond trade.
"By Communist China's definition, cross-strait relations are domestic, not international. It won't discuss cross-strait affairs under the WTO framework," said Kao Koong-lian (
"We can't count on the WTO to resolve our political disputes. This is something we must resolve on our own," Kao said.
Some analysts said Taiwan would feel more pressure to make political concessions as the economy slows. In stark contrast to China's 78 percent growth this year, Taiwan's gross domestic product is forecast to contract 0.4 percent.
"Taiwan has lost some negotiating leverage as China's economy is much stronger now than Taiwan's," said Liu.
Most of the pressure came from local businessmen, who have poured over US$60 billion into China despite the government's restrictions.
After today's formal approval, China's and Taiwan's membership applications will be confirmed by the WTO's ruling General Council -- essentially the same negotiators who form the working party -- or by ministers of all 142 member countries, who are due to meet in Qatar in November.
China and Taiwan will then summon their parliaments to ratify the entry packages and notify WTO headquarters in Geneva once this has been done. Exactly one month later, they will automatically become members.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle