Monday, January 17, 2011
On 27 November 2010, local elections: including five mayoral races, was carried out in Taiwan. Kuomintang (KMT), the ruling party on the islands, won three of the five races: Taipei, Xinbei, and Taichung. The vision of President Ma Ying-jeou has put the Taiwan Islands in the long-run perspective – opening to China, boosting Taiwan economy. After losing the election, Tsai Ingwen of DPP, the opposition leader, even proposed to interact with China in the future. Unlike Obama in the US, Ma put people’s life first – enhancing economic growth, when he took the presidency about two years ago. Ma’s government has concluded a series of agreements with Beijing including the Economic Cooperation Framework Agreement (ECEFA), or so-called FTA (Free Trade Agreement) between two countries. Since the mainland China insists on sovereignty of Taiwan, it cannot call FTA, but ECEFA. Since ECFA was signed in June, according to the Taiwan media, the stock market has risen 12 percent and economy grew 9.8 percent in the third quarter (compared to the previous year). If the economy growth in Taiwan is continuing, according to Japan Times, it may reach 10 percent this year, setting the highest record since 1988.
Both Ma and Obama were educated in Harvard University, but the political leaderships took two different directions. On the one hand, one might try to make his personal fame in the historical book. On the other hand, one is trying to improve people’s life better in the economy book. Which one would you like?http://www.taipeitimes.com/News/taiwan/photo/2011/01/25/2008054076