China Taiwan Province (ROC): News, Discussions & Images

[Raphael]

The talented half of Taiwan's youth can work top jobs in the mainland. The other worthless half can cry about their rejection, having no education or worthwhile skills, and their unemployment by attending "sunflower" riots.

 

[TaiShang]

Taiwan to launch RMB reference rates

TAIPEI, Aug. 28 (Xinhua) -- Taiwan's monetary authorities will launch daily reference rates for yuan circulated on the island starting from Sept. 1, in a major step for the island's progress as an important offshore RMB center.

The decision was made to set up benchmark RMB rates following a huge increase in yuan deposits due to Taiwanese banks started offshore RMB businesses in February, 2013.

The reference rates, which gauge the costs of borrowing in RMB, will be used to price yuan-denominated contracts and derivative products to expand the island's RMB businesses, according to a statement by Taiwan's monetary authorities on Thursday.

The Taipei Foreign Exchange Market Development Foundation is authorized to be the regulator of the rates, and Thompson Reuters will serve as the calculating agent.

 

[Jlaw]

Lol. Youth have no choice. If they want work, will they say no to a job elsewhere?

 

[TaiShang]

Taiwan abandoning nine-dash line in South China Sea would be disastrous
By Chiu Yi

The mainland and Taiwan have plenty of room to cooperate on the South China Sea issue.

Taiping Island, administered by Taiwan, which is more than 1,600 kilometers from the Kaohsiung naval base is key to the South China Sea. It is beyond Taiwan's ability to effectively safeguard Taiping Island alone.

But cross-Straits cooperation will keep it safe.

Also, both the mainland and Taiwan use the nine-dash line as the boundary line of the South China Sea, which other countries in the region dispute and is being challenged by the Philippines under international arbitration.

In 1947, the Republic of China drew the 11-dash line. The People's Republic of China continued to use this line. Then in 1953 it was adjusted into the nine-dash line.

The disputes raised by some South China Sea claimants in recent years are due to their desire for oil and natural gas in the South China Sea discovered in the 1970s and the US' pivot strategy to contain China.

The arbitration raised by the Philippines has generated a dispute between China's nine-dash line and the UN Convention on the Law of the Sea. The US and the Philippines sought to blame Beijing for violating the international law.

Although the Chinese mainland government has stated that it would not accept the decision made by the international court, it will be propelled to a passive position if the US, Japan and the Philippines take joint measures and Vietnam follows suit.

Taiwan cannot avoid being involved in this dispute. If Taiwan insists on the nine-dash line and offers proof for the 11-dash line, it will be of great help in settling the dispute. It will also show cross-Straits cooperation. Otherwise it will hurt the interests of the mainland and destroy the peaceful development of relations between the two sides.

Although Taiwan leader Ma Ying-jeou adopts a pro-US attitude, he will not go so far as to sell out Chinese sovereignty.

Meanwhile, the nine-dash line has been clearly written in the current "constitution" and textbooks in Taiwan. If Ma gives up the nine-dash line, he will violate the "constitution" and be treated with contempt by the pan-blue public.

Realistically, if Taiwan abandons the nine-dash line, it will lose a basis for its "sovereignty" over Taiping Island as well as the South China Sea. Although Taiwan faces pressure from the US, Ma will hardly make such a choice.

But after 2016 if the Democratic Progressive Party takes office and follows the "Taiwan independence" doctrine, it will become a political vassal of the US as to counter a rising Chinese mainland.

If so, Taiwan abandoning the nine-dash line can be expected, and a cross-Straits conflict may lead to disastrous consequences.

 

[northeast]

Who cares

 

[Aepsilons]

If so, Taiwan abandoning the nine-dash line can be expected, and a cross-Straits conflict may lead to disastrous consequences.

Do expand on these 'disastrous consequences'.

 

[TaiShang]

Do expand on these 'disastrous consequences'.

The author seems to argue that, in my understanding, in the case of a DPP victory in 2016, with the independence camp now running Taiwan, the government might be inclined to bargain its territorial claims in exchange for support from the US and its allies for Taiwan's de jure independence. That would lead to a serious crisis across the Strait, including the possibility of a war between the two parties, China and Taipei. Thus, not the a likely abandonment of 9-dashed line itself, but its being used as a bargaining chip for de jure independence would lead to serious consequences for Taiwan and the overall regional peace.

 

[Jlaw]

Wow, the Double Penetration Party is worse than a whore. I hope they win and declare independence so we can fxxk them up economically follow by military action

 

[风之南国]

今日台湾已非昔日中华民国，掌管南海我们得靠自己。

 

[Aepsilons]

The author seems to argue that, in my understanding, in the case of a DPP victory in 2016, with the independence camp now running Taiwan, the government might be inclined to bargain its territorial claims in exchange for support from the US and its allies for Taiwan's de jure independence. That would lead to a serious crisis across the Strait, including the possibility of a war between the two parties, China and Taipei. Thus, not the a likely abandonment of 9-dashed line itself, but its being used as a bargaining chip for de jure independence would lead to serious consequences for Taiwan and the overall regional peace.

What I gather from reading this article is that Taiwan is ready to work and abide by Internationally approved agreements, namely the United Nations' Convention of the Law of the Sea. We can empirically review this by citing two particular incidents that have led to greater rapprochement between the Taiwan, the Philippines and Japan. One incident was the Guang Da Xing No. 28 incident, wherein both Taipei and Manila initiated talks on shared fishing rights over the overlapped EEZs. The other was the 2014 Japan-Taiwan Fisheries agreement that formally delineates the maritime boundary of Japan and Taiwan. This agreement enables Taiwanese fishermen to enter Japanese maritime territory and enables interoperability between the Japanese Coast Guard and the Taiwanese counterpart agency --- thus reducing incidents. So, in my opinion, its sobering to see the maturity of the Taiwanese Government and am sure that this level of maturity in governance will continue in the event the DPP claims majority in the next presidential election.

 

[andy_hujian]

Do expand on these 'disastrous consequences'.

Mainland China lose the law ground. 11 dash line was drew by ROC. PRC took for granted they own the area within
11 dash line.

The author seems to argue that, in my understanding, in the case of a DPP victory in 2016, with the independence camp now running Taiwan, the government might be inclined to bargain its territorial claims in exchange for support from the US and its allies for Taiwan's de jure independence. That would lead to a serious crisis across the Strait, including the possibility of a war between the two parties, China and Taipei. Thus, not the a likely abandonment of 9-dashed line itself, but its being used as a bargaining chip for de jure independence would lead to serious consequences for Taiwan and the overall regional peace.

DPP don't have the ball, like always.

 

[Aepsilons]

Mainland China lose the law ground. 11 dash line was drew by ROC. PRC took for granted they own the area within
11 dash line.

Not necessarily. The argument is based on the idea that the PRC is the successor of the Republic of China. In the event that Taipei declares independence, it is no longer bound to the 9 dash line principle.

 

[andy_hujian]

Not necessarily. The argument is based on the idea that the PRC is the successor of the Republic of China. In the event that Taipei declares independence, it is no longer bound to the 9 dash line principle.

See my above comments. The posts are here. We can come back to visit it again
in 2016. Maybe put 10$ down to make it more fun.

 

[Aepsilons]

DPP don't have the ball, like always.

The barrier to DPP control has been time. And if you actually study the statistics of the past decade, you will see that the DPP has won significant support constituents. The 2012 Presidential Election showed that Dr. Ing-Wen received 45.6% of the national vote. If growth trends continue, by 2016, the DPP will most probably claim victory. Providing that we follow the rule that higher reliability leads to higher validity.

See my above comments. The posts are here. We can come back to visit it again
in 2016. Maybe put 10$ down to make it more fun.

Book mark this page, sonny.

 

[Shishike]

What I gather from reading this article is that Taiwan is ready to work and abide by Internationally approved agreements, namely the United Nations' Convention of the Law of the Sea. We can empirically review this by citing two particular incidents that have led to greater rapprochement between the Taiwan, the Philippines and Japan. One incident was the Guang Da Xing No. 28 incident, wherein both Taipei and Manila initiated talks on shared fishing rights over the overlapped EEZs. The other was the 2014 Japan-Taiwan Fisheries agreement that formally delineates the maritime boundary of Japan and Taiwan. This agreement enables Taiwanese fishermen to enter Japanese maritime territory and enables interoperability between the Japanese Coast Guard and the Taiwanese counterpart agency --- thus reducing incidents. So, in my opinion, its sobering to see the maturity of the Taiwanese Government and am sure that this level of maturity in governance will continue in the event the DPP claims majority in the next presidential election.

US: this agreement is good for you.
TW leaders: where should I sign my name, master?