Green Party Taiwan and the Economic Democracy Union yesterday voiced objections to Taiwan joining the Beijing-led Asian Infrastructure Investment Bank (AIIB), a topic expected to be covered at a meeting between Mainland Affairs Council Minister Andrew Hsia (夏立言) and China’s Taiwan Affairs Office Minister Zhang Zhijun (張志軍) today in Kinmen County.
Green Party Taiwan co-convener Lee Ken-cheng (李根政) told a press conference in Taipei that the party is against the nation’s bid to become a member of the AIIB if the application process is opaque or subordinates Taiwan’s sovereignty.
Lee said that the Ministry of Finance’s submission of an application in late March to become a founding member of the bank had fueled controversy in Taiwan, with critics saying the authorities had failed to follow proper procedures and had compromised the nation’s sovereignty.
Photo: Wang Min-wei, Taipei Times
Beijing rejected Taiwan’s application, saying it would only grant Taiwan a seat on the AIIB’s board of founding members if the nation agrees to its “one China” policy.
Lee said that the AIIB is China’s strategy to boost its global influence by lending capital to developing countries for basic infrastructure and to appeal to European countries that are struggling financially.
In doing so, China would have an outlet for its surplus cash and undermine the US dollar, Lee said, adding that he doubted developing countries’ opinions would weigh much in the AIIB.
Economic Democracy Union convener Lai Chung-chiang (賴中強) said that Taiwan should not be part of an organization aimed at boosting Chinese political and economic influence.
China also has an atrocious track record of damaging the environment and ignoring human rights while building its own infrastructure, he said.
As China claims Taiwan as its territory, Taiwan should not pander to the strategic development goals of a country that harbors such aggression, Lai said.
President Ma Ying-jeou’s (馬英九) administration should not misappropriate the nation’s reserve funds or other money to invest in the AIIB, Lai said, adding that the union would lobby legislators to block proposals for the organization.
In related news, Democratic Progressive Party Legislator Tuan Yi-kang (段宜康) on Thursday posted on Facebook a screenshot of records of a conversation on the Line app, which he said shows that the government is mobilizing people to welcome Zhang’s visit to Kinmen.
“We are looking for some people to give him a warm welcome. The wage for one-and-a-half days from 1pm to 6pm on May 23 and 8am to 6pm on May 24 is NT$1,500. Everyone can get a T-shirt, a lunch box and drinks. Transportation is also available,” the message read.
The sender of the message said the job is to form a crowd around activities that Zhang would participate in when he is in Kinmen, including meetings with Hsia, Kinmen County Commissioner Chen Fu-hai (陳福海) and local business leaders, as well as visits to a reservoir and some local manufacturers.
“Some people are organizing a cheering squad to flatter Zhang,” Tuan said. “Is this sort of pomp and circumstance necessary to welcome Chinese officials?
“If they really think that they are warmly welcomed, they might misjudge the situation and have some misconceptions,” he said.
The Mainland Affairs Council did not comment on the allegations.
Additional reporting by Shih Hsiu-chuan, Tseng Wei-chen and Peng Hsien-chun
There are 77 incidents of Taiwanese travelers going missing in China between January last year and last month, the Straits Exchange Foundation (SEF) said. More than 40 remain unreachable, SEF Secretary-General Luo Wen-jia (羅文嘉) said on Friday. Most of the reachable people in the more than 30 other incidents were allegedly involved in fraud, while some had disappeared for personal reasons, Luo said. One of these people is Kuo Yu-hsuan (郭宇軒), a 22-year-old Taiwanese man from Kaohsiung who went missing while visiting China in August. China’s Taiwan Affairs Office last month said in a news statement that he was under investigation
‘JOINT SWORD’: Whatever President Lai says in his Double Ten speech, China would use it as a pretext to launch ‘punishment’ drills for his ‘separatist’ views, an official said China is likely to launch military drills this week near Taiwan, using President William Lai’s (賴清德) upcoming national day speech as a pretext to pressure the nation to accept its sovereignty claims, Taiwanese officials said. China in May launched “punishment” drills around Taiwan shortly after Lai’s inauguration, in what Beijing said was a response to “separatist acts,” sending heavily armed warplanes and staging mock attacks as state media denounced newly inaugurated Lai. The May drills were dubbed “Joint Sword — 2024A” and drew concerns from capitals, including Washington. Lai is to deliver a key speech on Thursday in front of the Presidential Office
An aviation jacket patch showing a Formosan black bear punching Winnie the Pooh has become popular overseas, including at an aviation festival held by the Japan Air Self-Defense Force at the Ashiya Airbase yesterday. The patch was designed last year by Taiwanese designer Hsu Fu-yu (徐福佑), who said that it was inspired by Taiwan’s countermeasures against frequent Chinese military aircraft incursions. The badge shows a Formosan black bear holding a Republic of China flag as it punches Winnie the Pooh — a reference to Chinese President Xi Jinping (習近平) — who is dressed in red and is holding a honey pot with
Taiwan was listed in 14th place among the world's wealthiest country in terms of GDP per capita, in the latest rankings released on Monday by Forbes magazine. Taiwan's GDP per capita was US$76,860, which put it at No. 14 on the list of the World's 100 Richest Countries this year, one spot above Hong Kong with US$75,130. The magazine's list of the richest countries in the world is compiled based on GDP per capita data, as estimated by the IMF. However, for a more precise measure of a nation's wealth, the magazine also considers purchasing power parity, which is a metric used to