Taiwan's Big Trade-off?
Despite the signing of the ECFA pact in 2010, disquiet over the implications of cross-strait trade liberalization has continued to simmer. Tensions only grew with the inking of the cross-strait agreement on trade in services, which extends the scope of investment areas on both sides of the Taiwan Strait. The issue is close to boiling point with the bill stalled in the Legislature and political infighting threatening to scupper the deal.
Most recently, the flap over the attempted removal of Wang Jin-pyng of the ruling Kuomintang from his post as legislative speaker is said to have caused unease in Bejing. There have even been reports of PRC officials contacting Wang in private to gauge the state of play. However, the real cause is the opposition Democratic Progressive Party's refusal to accept the deal without a clauseby- clause review. As ever in the arena of Taiwanese politics, the motives for this stance are questionable, with some analysts insisting that the Greens are just engaging in political grandstanding. DPP chairman Su Tseng-chang's withdrawal from a televised debate in mid-September elicited further sneers of cynicism from KMT lawmakers, who said it showed the opposition didn't have a leg to stand on.
