The Democratic Progressive Party (DPP) legislative caucus yesterday described a plan outlined by Beijing to economically integrate China’s Fujian Province with Kinmen County in Taiwan as a “trap” that was intended to save China’s failing property market under the pretense of benefiting Taiwanese.
Commenting on the plan during a question-and-answer session at the legislature in Taipei, DPP Secretary-General Chuang Jui-hsiung (莊瑞雄) said that past measures introduced by China as “beneficial” to Taiwanese have failed to produce any benefit, or have come with special conditions attached.
“China’s housing market is very sluggish at present, and the youth unemployment rate in China continues to soar. The sudden announcement of measures to benefit Taiwan is a bit unexpected, since China is facing its own purchasing-power problems,” Chuang said.
Nearly 30 cities in China have relaxed or canceled residential purchase restrictions in a bid to revive the nation’s housing market, he said, adding that Beijing has now opened up housing purchases to Taiwanese apparently toward the same end.
Xinhua news agency on Tuesday reported that Beijing would encourage Taiwanese firms in Fujian Province to list on Chinese stock exchanges, citing a statement jointly issued by the Chinese Communist Party’s Central Committee and the State Council.
It also said Beijing would support innovative ways of cross-strait capital cooperation and encourage the setup of an integration development fund, but did not give further details.
China has increased its military presence near Taiwan, while at the same time crafting long-term economic and social plans for the nation, which it envisions would one day be “reunified.”
SPACE VETERAN: Kjell N. Lindgren, who helps lead NASA’s human spaceflight missions, has been on two expeditions on the ISS and has spent 311 days in space Taiwan-born US astronaut Kjell N. Lindgren is to visit Taiwan to promote technological partnerships through one of the programs organized by the US for its 250th national anniversary. Lindgren would be in Taiwan from Tuesday to Saturday next week as part of the US Bureau of Educational and Cultural Affairs’ US Speaker Program, organized to celebrate the 250th anniversary of the signing of the Declaration of Independence, the American Institute in Taiwan (AIT) said in a statement yesterday. Lindgren plans to engage with key leaders across the nation “to advance cutting-edge technological partnerships and inspire the next generation of scientists and engineers,”
The Chinese Nationalist Party (KMT) caucus yesterday said it opposes the introduction of migrant workers from India until a mechanism is in place to prevent workers from absconding. Minister of Labor Hung Sun-han (洪申翰) on Thursday told the Legislative Yuan that the first group of migrant workers from India could be introduced as early as this year, as part of a government program. The caucus’ opposition to the policy is based on the assessment that “the risk is too high,” KMT caucus secretary-general Lin Pei-hsiang (林沛祥) said. Taiwan has a serious and long-standing problem of migrant workers absconding from their contracts, indicating that
UNREASONABLE SURVEILLANCE: A camera targeted on an road by a neighbor captured a man’s habitual unsignaled turn into home, netting him dozens of tickets The Taichung High Administrative Court has canceled all 45 tickets given to a man for failing to use a turn signal while driving, as it considered long-term surveillance of his privacy more problematic than the traffic violations. The man, surnamed Tseng (曾), lives in Changhua County and was reported 45 times within a month for failing to signal while driving when he turned into the alley where his residence is. The reports were filed by his neighbor, who set up security cameras that constantly monitored not only the alley but also the door and yard of Tseng’s house. The surveillance occurred from July
TRADE-OFF: Beijing seeks to trade a bowl of tempura for a Chinese delicacy, an official said, while another said its promises were attempts to interfere in the polls The government must carefully consider the national security implications of building a bridge connecting Kinmen County and Xiamen, China, the Public Construction Commission (PCC) said yesterday. PCC Commissioner Derek Chen (陳金德), who is also a minister without portfolio, made the remarks in a meeting of the legislature’s Transportation Committee, after Democratic Progressive Party Legislator Hsu Fu-kuei (徐富癸) asked about China’s proposal of new infrastructure projects to further connect Kinmen and Lienchiang (Matsu) counties with Xiamen. China unveiled the bridge plan, along with nine other policies for Taiwan, on Sunday, the last day of Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun’s (鄭麗文) visit
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