DOCSLIB.ORG

Taiwan As Regional

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Taiwan As Regional December 2019 | Vol. 49 | Issue 12 THE AMERICAN CHAMBER OF COMMERCE IN TAIPEI IN OF COMMERCE THE AMERICAN CHAMBER Taiwan as Regional Hub: What are the Chances? 台灣成為跨國企業亞太總部 的可能性有多大？ TAIWAN BUSINESS TOPICS TAIWAN December 2019 | Vol. 49 | Issue 12 Vol. 2019 | December 中 華 郵 政 北 台 字 第 SPECIAL REPORT 2020 ECONOMIC FORECAST 5000 TAIWAN BUSINESS 號 執 照 登 記 為 雜 誌AUTOMOTIVE 交 寄 SECTOR Published by the American Chamber Of NT$150 Commerce In Taipei Read TOPICS Online at topics.amcham.com.tw 12_2019_Cover.indd 1 2019/12/4 下午9:57 AMCHAM EVENT mentation of a Patent Linkage System for pharmaceuticals as an example. President Tsai Addresses Tsai stressed her administration’s determination to build a new economic AmCham’s 2019 AGM development model for Taiwan, one that will “transform Taiwan into Asia’s ith President Tsai Ing-wen and Angela Yu of Microsoft. They join high-end manufacturing and R&D as the keynote speaker, 2019-2021 Governors Al Chang of center, a regional financial and wealth W AmCham Taipei’s 2019 Deloitte & Touche, Albert Chang of management center, and a base for Annual General Meeting was held McKinsey, Seraphim Ma of Baker & high-quality talent.” November 19 in the newly redecorated McKenzie, Jan-Hendrik Meidinger of The meeting also included a State Grand Ballroom of Shangri-La’s Far the Grand Hyatt Taipei, and Paulus of the Chamber 2019 report by Leo Eastern Plaza. The President paid tribute Mok of Citibank. Seewald, who served as the AmCham to the Chamber’s “key role in advancing Newly elected for one-year terms Taipei chairman for most of the year. Taiwan-U.S. trade relations, and in as Supervisors were Mark Horng of He highlighted the Chamber’s recent bringing new investments to Taiwan.” Bristol-Myers Squibb, Stephen Tan of achievements, including receiving the Some 230 Chamber members and International Policy Advisory Group, 2019 Corporate Community Lead- guests attended the luncheon meeting, and Terry Tsao of SEMI Taiwan. ership Award from the Community where voting was conducted for the In her speech, President Tsai also Services Center for “exceptional lead- 2020 Board of Governors and Supervi- thanked AmCham for helping to ership, service, and commitment to sors. The six Governors elected for two- “remove many obstacles for U.S. com- Taiwan.” year terms were Mark Chen of Abbott panies investing and operating in Seewald also presented the first Laboratories, CW Chin of Applied Taiwan.” She said the government lis- annual Outstanding Committee Co- Materials Taiwan, Timothy Shields of tens closely to the suggestions of chair Awards to Joyce Lee of the Public Cigna Taiwan, Gina Tsai of Airbnb, AmCham members and responds to Health Committee and Dylan Tyson of Fupei Wang of Ogilvy Public Relations, their concerns, citing the recent imple- the Insurance Committee. AmCham Taipei President Willilam Foreman presents Outstanding Board members pose with President Tsai, other Taiwan government Committee Co-chair Awards to Joyce Lee and Dylan Tyson. officials, and AIT Director Christensen. TAIWAN BUSINESS TOPICS • DECEMBER 2019 3 AGM.indd 3 2019/12/4 下午9:58 CONTENTS NEWS AND VIEWS 6 President’s View Reflecting on a year with more DECEMBER 2019 VOLUME 49, NUMBER 12 boom than doom and gloom 一○八年十二月號 By William Foreman 7 Editorial Publisher Gaining Prominence in the Region William Foreman 提升台灣在亞太地區的重要性 Editor-in-Chief Don Shapiro 8 Taiwan Briefs Deputy Editor Jeremy Olivier By Jeremy Olivier Art Director/ / 12 Issues Production Coordinator Katia Chen Starting the Review of 2019 White Manager, Publications Sales & Marketing Paper Issues Caroline Lee 開始追蹤《2019年白皮書》議題處理 Translation Kevin Chen, Yichun Chen, Charlize Hung 進度 By Don Shapiro American Chamber of Commerce in Taipei COVER SECTION 129 MinSheng East Road, Section 3, 撰文／李可珍 7F, Suite 706, Taipei 10596, Taiwan By Jane Rickards However, some lingering issues P.O. Box 17-277, Taipei, 10419 Taiwan require creative solutions if it is Tel: 2718-8226 Fax: 2718-8182 e-mail: [email protected] to compete on the same level website: http://www.amcham.com.tw as some of its neighbors. 050 22 For Some Companies, 2718-8226 2718-8182 Taiwan is Already a Taiwan Business Topics is a publication of the American Chamber of Commerce in Taipei, ROC. Contents are Regional Hub independent of and do not necessarily reflect the views of the Officers, Board of Governors, Supervisors or members. 24 Making a Hub in Wind © Copyright 2019 by the American Chamber of Commerce in Taipei, ROC. All rights reserved. Permission to reprint original Power and Technology material must be requested in writing from AmCham. Production done in-house, Printing by Farn Mei Printing Co., Ltd. R&D 使台灣成為風力發電與科技研 10866 發重鎮 5000 ISSN 1818-1961 Two industrial sectors appear particularly promising for Chairman: C.W. Chin Taiwan to develop as a Vice Chairman: Albert Chang regional center for the Asia Secretary: Fupei Wang 17 Taiwan as Regional Hub: Treasurer: Al Chang Pacific. What are the Chances? 2018-2019 Governors: Anita Chen, C.W. Chin, Daniel Tseng, Fupei Wang. 台灣成為跨國企業亞太總部的 2019-2020 Governors: 可能性有多大？ Al Chang, Albert Chang, Seraphim Ma, Jan-Hendrik Meidinger, Paulus Mok. As a center of operations for 2019 Supervisors: Vincent Shih, Terry Tsao, Dylan Tyson. local and foreign businesses COMMITTEES: across numerous industries, Agro-Chemical/ Melody Wang; Asset Management/ Eric Taiwan has a lot to offer. Lin, Angela Yang, Derek Yung; Banking/ Paulus Mok; Capital Markets/ Mandy Huang, Eric Jai, C.P. Liu; Chemical Manufacturers/ Charles Liang, Michael Wong; Cosmetics/ Shirley Chen, Abigail Lin; Digital Economy/ Max Chen, Renee Chou, Tai Chi Chuan; Energy/ Randy Tsai; Human BACKGROUNDER Resources/ Christine Chen, Carmen Law, David Tsai; Infrastructure/ Wayne Chin, Paul Lee; Insurance/ KT Lim, Mandy Shih, Linda Tsou; Intellectual Property & Licensing/ 28 Smart Manufacturing Jason Chen, Peter Dernbach, Vincent Shih; Marketing & Distribution/ Wei Hsiang; Medical Devices/ Louis Ko, Gains Ground in Taiwan Jeffrey Wang, Joanne Yao; Pharmaceutical/ Justin Chin, Rie Nakajima, Shuhei Sekiguchi; Public Health/ Joyce Faced with rising labor costs, Lee, Sophia Lee, Tim Shields; Real Estate/ Tony Chao; Taiwanese companies are increas- Retail/ Ceasar Chen, Mark Chen, Peggy Liao; Sustainable Development Goals/ Kenny Jeng, Lume Liao, Cosmas ingly utilizing the latest sophisti- Lu, Fupei Wang, Kernel Wang; Tax/ Heidi Liu, Cheli Liaw; Technology/ Cynthia Chyn, Stella Lai, Angela Yu; cated technologies to go beyond Telecommunications & Media/ Thomas Ee, David Shin, conventional automation to Joanne Tsai; Transportation & Logistics/ (tba); Travel & Tourism/ Gina Tsai, Jason Yeh. embrace Industry 4.0. By Philip Liu 4 TAIWAN BUSINESS TOPICS • DECEMBER 2019 12 contents.indd 4 2019/12/5 下午3:51 DECEMBER 2019 • VOLUME 49 NUMBER 12 TAIWAN BUSINESS 31 The Auto Industry is in Low Gear (But So Far Not in Reverse) While global auto markets faced significant setbacks and weak sales growth this year, Taiwan appears to have fared relatively well. However, challenges for domestic automakers con- tinue to intensify as consumers increasingly choose imported vehicles. By Jeremy Olivier EXECUTIVE SUITE 42 Meet Brenda Tang of United Airlines By Jeremy Olivier AMCHAM EVENTS SPECIAL REPORT 3 Annual General Meeting 35 2020 Taiwan Forecast: 16 Liver Health Forum Thriving Despite Trade War Dislocations SPONSORED CONTENT Next year, Taiwan’s economy will benefit from a steady flow of 14 Leich Capital Management capital repatriation as local man- 44 Seeing Taiwan ufacturers move capacity home The Charms of Rustic Tainan from China. By Matthew Fulco BEHIND THE NEWS 38 Modest Growth Ahead for 39 Taiwan’s Deepening Chipmakers in 2020 Diplomatic Predicament The semiconductor industry’s Left with just 15 diplomatic concentration at home provides allies, Taiwan now looks to safe- it with some insulation from the guard its most vital remaining direct effects of the U.S.-China relationships while strengthening trade war. unofficial ties with key democra- By Matthew Fulco cies. By Matthew Fulco TAIWAN BUSINESS TOPICS • DECEMBER 2019 5 12 contents.indd 5 2019/12/4 下午10:06 PRESIDENT'S VIEW Reflecting on a year with more boom than doom and gloom began this year writing about gloom and street from our hotel. Leo brought a work-hard- doom. Global volatility and the U.S.-China play-hard spirit to his role that was instrumental I trade war had me deeply worried about in helping us achieve so much and have a lot of 2019. I thought my biggest challenge was to just fun while doing it. stay positive. I’ll never forget the huge group of members For sure, there’s still plenty of turbulence, who showed up for Amy Chang’s farewell Happy upheaval, and uncertainty in the world. But Hour celebration. Amy touched so many people looking back on the past 12 months, I’ve got to during her many years leading our Government say 2019 was a great year overall for AmCham Affairs team, and it was wonderful to see them all Taipei. turn out to bid her a happy retirement. Here are just a few things that excite me and Another big crowd turned out for Don Sha- leave me hopeful for the coming year: piro, our senior director and TOPICS editor-in- • Our membership has grown, with several of chief, when he was awarded the Friendship Medal the world’s most exciting, innovative, and of Diplomacy for the 50 years he spent sharing well-known companies joining our commu- Taiwan’s story with the world. Presiding over the nity. This strengthens our position as a main event, Foreign Minister Joseph Wu told the audi- driver of innovation on Taiwan. ence that the doctoral dissertation he wrote about • We created a NextGen Leaders Program Taiwan’s democratization was full of citations to that will help cultivate and inspire high- news stories written by Don.
Load more

Recommended publications
  • 2016 Annual Report (Translation)
    Stock Code 2204 China Motor Corporation 2016 Annual Report (Translation) Printed on March 31, 2017 Notice to Readers The Annual Report have been translated into English from the original Chinese version. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese version shall prevail. I. Information regarding Spokesperson, Deputy Spokesperson Spokesperson: Ching-Wu Chien Title: Vice President Deputy Spokesperson: Yu-Chun Su Title: General Manager, Corporate Planning Division, China Motor Corporation Tel: 886-3-4783191 Email: [email protected] II. Contact Information of Headquarter, Branch Company and Plant Headquarter Address: 11F., No.2, Sec. 2, Dunhua S. Rd., Da’an Dist., Taipei City 106, Taiwan Tel: 886-2-23250000 China Motor Training Center Address: No.3, Qingnian Rd., Yangmei Dist., Taoyuan City 326, Taiwan Tel: 886-3-4641100 Yang Mei Plant Address: No.618, Xiucai Rd., Yangmei Dist.,Taoyuan City 326, Taiwan Tel: 886-3-4783191 Hsin Chu Plant Address: No.2, Guangfu Rd., Hukou Township, Hsinchu County 303, Taiwan Tel: 886-3-5985841 III. Common Share Transfer Agent and Registrar Company: China Motor Corporation Address: 7F., No.150, Sec. 2, Nanjing E. Rd., Zhongshan Dist., Taipei City 104, Taiwan Tel: 886-2-25156421 Website: http:// www.china-motor.com.tw IV. Information regarding 2016 Auditors Company: Deloitte & Touche Auditors: Eddie Shao, Lilac Shue Address: 12F, 156, Sec. 3, Min-Sheng E. Rd., Taipei 105-96, Taiwan Tel: 886-2-25459988 Website: http://www.deloitte.com.tw V. Information regarding Depositary: N.A.
    [Show full text]
  • China Motor Corporation and Subsidiaries
    China Motor Corporation and Subsidiaries Consolidated Financial Statements for the Nine Months Ended September 30, 2019 and 2018 and Independent Auditors’ Review Report INDEPENDENT AUDITORS’ REVIEW REPORT The Board of Directors and the Shareholders China Motor Corporation Introduction We have reviewed the accompanying consolidated balance sheets of China Motor Corporation and its subsidiaries (collectively, the “Group”) as of September 30, 2019 and 2018, the related consolidated statements of comprehensive income for the three months ended September 30, 2019 and 2018 and for the nine months ended September 30, 2019 and 2018, the consolidated statements of changes in equity and cash flows for the nine months then ended and the related notes to the consolidated financial statements, including a summary of significant accounting policies (collectively referred to as the “consolidated financial statements”). Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34 “Interim Financial Reporting” endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the consolidated financial statements based on our reviews. Scope of Review Except as explained in the following paragraph, we conducted our reviews in accordance with Statement of Auditing Standards No. 65 “Review of Financial Information Performed by the Independent Auditor of the Entity”. A review of consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit.
    [Show full text]
  • Investment Opportunities in the Electric Vehicle Industry in Taiwan
    Investment Opportunities in the Electric Vehicle Industry in Taiwan I. Reason to Invest in the Electric Vehicle in Taiwan A. Considering the International Energy price and Vehicles Regulations, Electric car would Become the Mainstream Product in the Future 14% of the global carbon dioxide comes from transportation systems, and 60% of the transportations use petrochemical fuel. Electric vehicles have better efficiency in terms of the energy utilization ratio of the fuel. Also, no carbon dioxide would be produced while using. As the pollution source of the power generator is easier to control, the advanced countries such as European countries, Japan and American thus consider electric vehicles the key development techniques. The Chinese authorities even regard the commodification of electric vehicles as an important national strategy. Electric vehicles apparently have become the target that all countries aim to invest in. B. Taiwan has Related Basis and Industrial Clusters Given the fact that electric vehicles need to employ lots of information and computer technology, and Taiwan is able to assist the electric vehicle business developer and application developers thanks to its capacity in both electric and electronic field. The vehicle industry in Taiwan is good at developing middle-small sized vehicles and motorcycles. Meanwhile, Taiwan is able to develop the techniques of small-volume, large variety production in response to the local market needs. With the development and application experience of low-speed vehicles, Taiwan is a suitable environment for the electric vehicle industry to develop. The automobile components industry in Taiwan also has its strength as some of the vendors have already integrated into the international supply chain.
    [Show full text]
  • Poland Regional Cities-Comfort-Vehicle-List
    Make Model Year Oldsmobile 19 Oldsmobile Alero Oldsmobile Aurora Oldsmobile Bravada Oldsmobile Cutlass Supreme Oldsmobile Intrigue Oldsmobile Silhouette Dodge Attitude Dodge Avenger 2013 Dodge Caliber Dodge Caravan 2015 Dodge Challenger Dodge Charger 2013 Dodge Dakota Dodge Dart 2015 Dodge Durango 2013 Dodge Grand Caravan 2015 Dodge Intrepid Dodge JCUV Dodge Journey 2013 Dodge Magnum 2013 Dodge Neon 2015 Dodge Nitro 2013 Dodge Ram 1500 Dodge Ram 2500 Dodge Ram 3500 Dodge Ram 4500 Dodge Ram 700 Dodge Ram Van 2015 Dodge Sprinter Dodge Stratus 2015 Dodge Stretch Limo Dodge Viper Dodge Vision Dodge i10 Land Rover Defender 2013 Land Rover Discovery 2013 Land Rover Freelander 2013 Land Rover Freelander 2 Land Rover LR2 Land Rover LR3 Land Rover LR4 Land Rover Range Rover 2013 Land Rover Range Rover Evoque 2013 Land Rover Range Rover Sport 2013 Land Rover Range Rover Velar 2013 Land Rover Range Rover Vogue 2013 Chevrolet Agile Chevrolet Astra 2015 Chevrolet Astro Chevrolet Avalanche 2013 Chevrolet Aveo Chevrolet Aveo5 Chevrolet Beat Chevrolet Blazer Chevrolet Bolt Chevrolet CMV Chevrolet Camaro Chevrolet Caprice Chevrolet Captiva 2013 Chevrolet Cavalier Chevrolet Celta Chevrolet Chevy Chevrolet City Express Chevrolet Classic Chevrolet Cobalt 2015 Chevrolet Colorado Chevrolet Corsa Chevrolet Corsa Sedan Chevrolet Corsa Wagon Chevrolet Corvette Chevrolet Corvette ZR1 Chevrolet Cruze 2015 Chevrolet Cruze Sport6 Chevrolet Dmax Chevrolet Enjoy Chevrolet Epica 2013 Chevrolet Equinox 2013 Chevrolet Esteem Chevrolet Evanda 2013 Chevrolet Exclusive Chevrolet
    [Show full text]
  • The Effect of Dividend Tax on Earnings and Contributed Capital in Firm Valuation
    International Journal of Accounting and Taxation June 2015, Vol. 3, No. 1, pp. 139-162 ISSN: 2372-4978 (Print), 2372-4986 (Online) Copyright © The Author(s). All Rights Reserved. Published by American Research Institute for Policy Development DOI: 10.15640/ijat.v3n1a7 URL: http://dx.doi.org/10.15640/ijat.v3n1a7 The Effect of Dividend Tax on Earnings and Contributed Capital in Firm Valuation Chia-Chun Hsieh1 & Ling-Yi Chou2 Abstract Earlier research applies theoretical valuation models in studying tax capitalization, an effect that results in different pricing on contributed capital, retained earnings, and net income due to dividend taxes. There are also debates regarding whether it is appropriate to apply the price-level model in empirical research, because the coefficients may be sensitive to model specifications. To further explore this issue, this paper investigates tax capitalization in different tax regimes, where individual dividend tax rates vary across countries and over time. First, we compare U.S. with Canada, which are similar in environment but different in the level of double taxation on dividends. We find differential pricing on retained earnings and contributed capital, but the magnitudes are inconsistent with the theory. Second, we examine a statutory tax rate change in Taiwan in 1998 when an “integrated” income tax system was implemented to alleviate double taxation on dividends. We find that changes in the pricing on retained earnings coincide with changes on dividend tax, but the results on the relationship between contributed capital and retained earnings are mixed. The results are more consistent with the argument that caution should be exerted when applying the model in studying tax capitalization effect.
    [Show full text]
  • China Innovation Investment Limited Update About False
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CHINA INNOVATION INVESTMENT LIMITED 中國創新投資有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1217) UPDATE ABOUT FALSE NEWS REPORTS (9) Reference is made to the announcements (the “Announcements”) of China Innovation Investment Limited (the "Company") about the false news reports dated 24 November 2019, 25 November 2019, 5 December 2019, 12 December 2019, 17 December 2019, 27 December 2019,30 December 2019, 17 February 2020 and 27 February 2020. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements. On 2 June 2020, the Company received a notice from executive Director Mr. Xiang Xin (“Mr. Xiang”) and the alternate director Ms. Kung Ching (“Ms. Kung”), in which Mr. Xiang and Ms. Kung (collectively the “Petitioners”) commissioned Taiwan lawyers to submit the third petition to the Taipei District Prosecutors Office (the “Prosecutor”) for lifting the departure restrictions on 1 June 2020, and are currently awaiting the review of the Prosecutor. In the opinion of the Petitioners, it is clear that the reasons and basis for restricting the Petitioners’ departure are unfounded since the case has been actively investigated by the Prosecutor for more than half a year. Not only has it reached the level of non- prosecution, but also the revocation of departure restrictions should be made.
    [Show full text]
  • The Macroeconomics of Energy Price Shocks and Electricity Market Reforms:The Case of Bangladesh
    Durham E-Theses The Macroeconomics of Energy Price Shocks and Electricity Market Reforms:The Case of Bangladesh AMIN, SAKIB,BIN How to cite: AMIN, SAKIB,BIN (2015) The Macroeconomics of Energy Price Shocks and Electricity Market Reforms:The Case of Bangladesh , Durham theses, Durham University. Available at Durham E-Theses Online: http://etheses.dur.ac.uk/11241/ Use policy The full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that: • a full bibliographic reference is made to the original source • a link is made to the metadata record in Durham E-Theses • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders. Please consult the full Durham E-Theses policy for further details. Academic Support Oce, Durham University, University Oce, Old Elvet, Durham DH1 3HP e-mail: [email protected] Tel: +44 0191 334 6107 http://etheses.dur.ac.uk 2 The Macroeconomics of Energy Price Shocks and Electricity Market Reforms: The Case of Bangladesh Sakib B. Amin A Thesis Submitted in Fulfilment of the Requirements for the Degree of Doctor of Philosophy in Economics at Durham University June 2015 Declaration I hereby confirm that the materials contained in this thesis have not been previously submitted for a degree in this or any other university. I further declare that this thesis is solely based on my own research.
    [Show full text]
  • Yulon Motor Co. Ltd. Ratings Affirmed at 'Twa-/Twa-2' Under Revised Criteria; Outlook Stable
    Rating Research Service 信用評等資料庫 Research Update Yulon Motor Co. Ltd. Ratings Affirmed At 'twA-/twA-2' Under Revised Criteria; Outlook Stable July 8, 2019 Rating Action Overview PRIMARY CREDIT ANALYST − Our assessment of the Yulon Motor group credit profile is 'twa-' following a review under S&P Global David Hsu Taipei Ratings' revised Group Rating Methodology, published July 1, 2019. +886-2-8722-5828 − On July 5, 2019, Taiwan Ratings Corp. affirmed its 'twA-' long-term and 'twA-2' short-term issuer david.hsu credit ratings on Yulon Motor Co. Ltd. @spglobal.com − The rating outlook is stable. david.hsu @taiwanratings.com.tw Rating Action Rationale SECONDARY CREDIT ANALYST The rating affirmation reflects our view that the group credit profile (GCP) of the Yulon Motor group Jin Dong, CFA remains unchanged at 'twa-', following our review under S&P Global Ratings' revised Group Rating Taipei Methodology. +886-2-8722-5821 jin.dong Based on the revised criteria, we first determine the standalone credit profile (SACP) of Yulon Motor Co. @spglobal.com Ltd. (after deconsolidating Yulon Finance Corp.) based on S&P Global Ratings' corporate methodology jin.dong criteria and the SACP of Yulon Finance based on S&P Global Ratings' non-bank financial institution @taiwanratings.com.tw criteria. We then combine the two SACPs to derive the GCP for the Yulon Motor group. Prior to the criteria revision, we incorporated analysis of the financial subsidiary in our corporate methodology to derive the ratings on Yulon Motor. In our view, several factors support Yulon Motor's SACP. These include the satisfactory market position of the company's Nissan branded car business in China in which Yulon Motor has directly invested and could continue to receive sizable and sustainable cash dividends, generally stable auto manufacturing business in Taiwan, and good financial flexibility with large investment properties on hand.
    [Show full text]
  • China to Keep Watch on TPP
    Table for strangers Hainan helps visitors Memory protection Special police target tourism An app connects amateur chefs industry irregularities in Sanya with willing dining companions Database to be created on > CHINA, PAGE 4 > LIFE, PAGE 9 the Nanjing Massacre > p3 MONDAY, October 12, 2015 chinadailyusa.com $1 COMMERCE China to keep watch on TPP Such trade deals can disrupt non-signatories: offi cial By ZHONG NAN highly unlikely that the TPP would in Beijing lead to the creation of a trade bloc [email protected] that excludes China. “The economic development China will conduct comprehensive mode in China has already changed and systematic assessments of the from low-end product trade to ‘going fallout from the Trans-Pacifi c Part- global’ strategies like setting up or nership, a broad agreement between moving manufacturing facilities and 12 Pacifi c Rim countries, including to more direct investment in over- Japan and the United States, since it seas markets,” said Fan. believes that such deals have disrup- Besides the US, other signatories tive eff ects on non-signatory nations, to the TPP are Australia, Brunei, a top government offi cial said. Canada, Chile, Japan, Malaysia, Mex- Commerce Minister Gao Hucheng ico, New Zealand, Peru, Singapore said China is of the view that changes and Vietnam. in the global trade pattern should be China has to date signed bilateral decided by adjustments in the indus- and multilateral free trade agree- trial structure and through product ments with seven TPP members. competitiveness in global
    [Show full text]
  • Additional Materials to the Joint Standing Committee on Foreign Affairs, Defence and Trade
    Additional materials to the Joint Standing Committee on Foreign Affairs, Defence and Trade Australia-Hong Kong Link Victoria HongKongers Association (Australia) Inc. Perth-HK Students’ Anti-ELAB Concern Group Brisbane Internal Student Solidarity with Hong Kong Canberra Hong Kong Concern Adelaide – Stand with Hong Kong Once again, Australia Hong Kong Link would like to thank the committee for providing such a valuable opportunity for us to contribute to the inquiry and we thank the committee for working hard to consider this important piece of legislation during these challenging times. Here are some questions we have taken on notice and additional information that we have included in this additional submission. 1. What sort of threshold do you think would constitute human rights abuses? There has been a fair bit of outrage about the recent arrest of Martin Lee, Jimmy Lai and others in Hong Kong. Where would you suggest the line be drawn in terms of human rights abuses there that would trigger action under something like a global Magnitsky act? 2. Are there any Hong Kong Australian business people who receive benefit or who are benefited by their links to the Chinese Communist Party and mainland officials? And is there an understanding that, for their business interests to continue to be supported, they must remain silent about the erosion of democracy in Hong Kong? Further to that, does it go further, whereby these individuals actually contribute to the suppression of activists and/or the democracy movement in Hong Kong? If so, could those individuals be captured by potential Magnitsky style laws in Australia? 3.
    [Show full text]
  • Tides of Change: Taiwan's Evolving Position in the South China
    EAST ASIA POLICY PAPER 5 M AY 2015 Tides of Change: Taiwan’s evolving position in the South China Sea And why other actors should take notice Lynn Kuok Brookings recognizes that the value it provides to any supporter is in its absolute commitment to quality, independence, and impact. Activities supported by its donors reflect this commitment, and the analysis and recommendations of the Institution’s scholars are not determined by any donation. Executive Summary aiwan, along with China and four Southeast The People’s Republic of China (PRC) inherited its Asian countries, is a claimant in the South claims from the Republic of China (ROC) after the TChina Sea, though this fact is sometimes Chinese civil war. Thus, the ROC’s interpretation overlooked. On paper, Taiwan and China share of its claims is relevant to the PRC’s claims. No- the same claims. The dashed or U-shaped line en- tably, a more limited reading of the claims would capsulating much of the South China Sea appears not be inconsistent with China’s official position on both Taiwanese and Chinese maps. as set out in its 2009 and 2011 statements to the United Nations. Neither China nor Taiwan has officially clarified the meaning of the dashed line which could be Taiwan’s overtures have largely, however, been ig- seen as making a claim to the wide expanse of wa- nored. At the root of this is China’s “one-China” ter enclosed within the dashed line or (merely) to principle, which has cast a long shadow over Tai- the land features contained therein and to mari- wan.
    [Show full text]
  • Detecting Digital Fingerprints: Tracing Chinese Disinformation in Taiwan
    Detecting Digital Fingerprints: Tracing Chinese Disinformation in Taiwan By: A Joint Report from: Nick Monaco Institute for the Future’s Digital Intelligence Lab Melanie Smith Graphika Amy Studdart The International Republican Institute 08 / 2020 Acknowledgments The authors and organizations who produced this report are deeply grateful to our partners in Taiwan, who generously provided time and insights to help this project come to fruition. This report was only possible due to the incredible dedication of the civil society and academic community in Taiwan, which should inspire any democracy looking to protect itself from malign actors. Members of this community For their assistance in several include but are not limited to: aspects of this report the authors also thank: All Interview Subjects g0v.tw Projects Gary Schmitt 0archive Marina Gorbis Cofacts Nate Teblunthuis DoubleThink Lab Sylvie Liaw Taiwan FactCheck Center Sam Woolley The Reporter Katie Joseff Taiwan Foundation for Democracy Camille François Global Taiwan Institute Daniel Twining National Chengchi University Election Johanna Kao Study Center David Shullman Prospect Foundation Adam King Chris Olsen Hsieh Yauling The Dragon’s Digital Fingerprint: Tracing Chinese Disinformation in Taiwan 2 Graphika is the network Institute for the Future’s The International Republican analysis firm that empowers (IFTF) Digital Intelligence Lab Institute (IRI) is one of the Fortune 500 companies, (DigIntel) is a social scientific world’s leading international Silicon Valley, human rights research entity conducting democracy development organizations, and universities work on the most pressing organizations. The nonpartisan, to navigate the cybersocial issues at the intersection of nongovernmental institute terrain. With rigorous and technology and society.
    [Show full text]