Taiwan is hoping that a wave of investments by mainland Chinese investors in 2010 will boost the island’s stock exchange, according to Schive Chi, the chairman of Taiwan’s exchange. Schive said he expects closer economic ties across the strait to provoke a flock of Taiwan-owned businesses in the mainland to list on the exchange and [...]
Air China announced that it will increase the number of direct flights it offers between the mainland and Taiwan. China’s second-largest airline said it will offer 27 cross-strait flights a week as early as August. The announcement follows last month’s expanded air-service pact, signed by Beijing and Taipei, to increase the number of flights to [...]
Anti-government demonstrators took to the streets in Taipei on Sunday to protest policies of greater economic and political engagement with the mainland. The police estimated the crowd at 100,000 though the Democratic Progressive Party, which organized the protest, put the number at 600,000. Protestors were targeting Taiwan President Ma Ying-Jeou’s plan to sign a free [...]
Sinosteel Corp, China’s largest state-owned steel trading firm, will open a representative office in Taipei. Trade ties across the Taiwan strait have improved since President Ma Ying-jeou was elected last year, with deals fuelling a rally in Taiwan’s stock market over the past month. State-owned Sinosteel would invest US$606,000 in the initial stage and later [...]
China has dropped its long-standing opposition to Taiwan participating in the World Health Organization’s (WHO) annual assembly, paving the way for the island to attend a United Nations meeting next month for the first time since 1971. The WHO has invited Taipei to participate in the World Health Assembly meeting in Geneva as an observer [...]
Beijing has offered US$19 billion in loans to Taiwan companies operating on the mainland. The loans, announced at a weekend meeting between officials from Beijing and Taipei, would see Beijing provide the loans over three years as well as purchase US$2 billion worth of flat-panel displays from Taiwan manufacturers. The loans would be provided by [...]
China’s Defense Ministry hardened its line over US plans to sell US$6 billion worth of advanced weapons to Taiwan. Last month, the US agreed to sell Taipei arms, including Patriot air defense missiles, Apache helicopters and parts for F-16 aircraft, which Beijing has condemned. “The US government and military have used the Taiwan issue to [...]
The mainland’s top negotiator with Taiwan said the recent anti-Beijing protests on the island would not hinder efforts to strengthen cross-strait relations. Chen Yunlin, who is on a five-day visit to Taiwan this week that has so far resulted in deals on cross-strait transport, said that although some Taiwanese have differing views on relations with [...]
Officials from Taiwan and mainland China signed four agreements in Taipei yesterday in the latest show of firming cross-Strait economic ties. Among the agreements, direct cross-Strait cargo flights will be introduced, with up to 60 round trips per month, while direct passenger flights will be tripled to 108 per week. China will also expand the [...]
Pro-independence protesters in Taiwan pushed a mainland official to the ground on Tuesday. The attack on Vice Chairman Zhang Mingqing of the Association for Relations Across the Taiwan Strait was shown on Taiwan television news broadcasts. It took place in the southern city of Tainan. About a dozen protesters surrounded Zhang, shouted anti-communist and pro-independence [...]
