Posted by: mulrickillion | January 8, 2012

ECFA and the Elections: Implications for Cross-Strait Relations

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Taiwan’s Choice for President Could Determine Whither Cross-Strait Relations

By Dong Wang, China Brief, Vol. 12, Iss. 1, Jan 6, 2012 —

The signing of the Economic Cooperation Framework Agreement (ECFA) between the Chinese mainland and Taiwan in June 2010 signified landmark progress in cross-Strait rapprochement, which began in May 2008 when the Kuomingtang (KMT) came into power after eight years of being the opposition party in Taiwan. The ECFA has not only instilled new vigor into Taiwan’s economy, but also opened tremendous new opportunities for cooperation and prosperity between the Chinese mainland and Taiwan. Indeed, aiming at significantly reducing tariffs and commercial barriers, the ambitious accord marked a significant breakthrough in terms of the normalization, institutionalization and liberalization of cross-Strait economic relations. The future of this progress however probably depends on the outcome of the coming election in Taiwan irrespective of ECFA benefits, because of Beijing’s deep mistrust of the Democratic Progressive Party (DPP) and DPP candidate Tsai Ing-wen’s willingness to walk away from the “1992 Consensus,” Beijing’s precondition for cross-Strait negotiation. . . .

The Jamestown Foundation: ECFA and the Elections: Implications for Cross-Strait Relations

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