The letter by Chimei Corp chairman Hsu Wen-lung (許文龍), "In Support of one China," published in a local newspaper on March 26, has caused great harm to the interests of Taiwan and its people. As Taiwanese and intellectuals, we feel compelled to declare our view of Hsu's action.
First, any company investing in any country must first assess the risk of investing in that country. Doing so is common sense. China is a totalitarian communist regime not ruled by law. Because they know that, companies from around the world invest there very cautiously. By comparison, Taiwanese companies show a serious lack of awareness of the risks of investing in China, and they jump at the opportunity to do so.
The high political risk should be shouldered by the companies, and there is no reason why the government should protect these companies or why the Taiwanese public should shoulder the risks. Taiwan and China do not maintain diplomatic relations. Once a Taiwanese company gets in trouble in China, it will be very difficult for the government to give it effective assistance.
Second, the Chinese regime constantly pressures Taiwan and does nothing to conceal its ambition to annex it. Faced with such an enemy, companies investing there show a clear lack of awareness of the difference between friend and foe as well as a total lack of a national awareness. We therefore do not find it strange when Hsu becomes a hostage [to this situation] and betrays both himself and the nation. We do find it regrettable.
Third, the "Hsu Wen-lung incident" has caused irreparable damage both to his own reputation and to national interests. At the same time, it also teaches Taiwanese society an alarming and negative lesson. We and many other social activists have long made many calls and written many articles without being able to counterbalance the magnetic attraction of China to industry.
Sometimes a major incident shakes us up more than the endless exhortations of intellectuals. We hope that the Hsu incident will be able to make society and business review the serious effects of investments in China.
Fourth, our most serious concern is that if this kind of incident is repeated, the accumulated harm will not be limited to a serious deterioration of Taiwan's economic competitiveness. It may even cause the "collective national will" to collapse completely.
Fifth, we demand that the government immediately gives overall reconsideration to the "active opening, effective management" policy of investing in China. If the government is incapable of effectively managing Taiwanese businesspeople investing in China, it will jeopardize our economic development as well as national security, and cause serious harm to the whole country.
China's "Anti-Secession" Law is already being used to hold Taiwanese businesspeople hostage and force them to undertake actions detrimental to Taiwan's national interests. In order to strengthen Taiwan, the government must show decisiveness by putting forward policies to slow corporate investment in China, and improving the domestic investment climate to attract businesspeople back home.
Translated by Perry Svensson
A nation has several pillars of national defense, among them are military strength, energy and food security, and national unity. Military strength is very much on the forefront of the debate, while several recent editorials have dealt with energy security. National unity and a sense of shared purpose — especially while a powerful, hostile state is becoming increasingly menacing — are problematic, and would continue to be until the nation’s schizophrenia is properly managed. The controversy over the past few days over former navy lieutenant commander Lu Li-shih’s (呂禮詩) usage of the term “our China” during an interview about his attendance
Following the BRICS summit held in Kazan, Russia, last month, media outlets circulated familiar narratives about Russia and China’s plans to dethrone the US dollar and build a BRICS-led global order. Each summit brings renewed buzz about a BRICS cross-border payment system designed to replace the SWIFT payment system, allowing members to trade without using US dollars. Articles often highlight the appeal of this concept to BRICS members — bypassing sanctions, reducing US dollar dependence and escaping US influence. They say that, if widely adopted, the US dollar could lose its global currency status. However, none of these articles provide
Bo Guagua (薄瓜瓜), the son of former Chinese Communist Party (CCP) Central Committee Politburo member and former Chongqing Municipal Communist Party secretary Bo Xilai (薄熙來), used his British passport to make a low-key entry into Taiwan on a flight originating in Canada. He is set to marry the granddaughter of former political heavyweight Hsu Wen-cheng (許文政), the founder of Luodong Poh-Ai Hospital in Yilan County’s Luodong Township (羅東). Bo Xilai is a former high-ranking CCP official who was once a challenger to Chinese President Xi Jinping (習近平) for the chairmanship of the CCP. That makes Bo Guagua a bona fide “third-generation red”
US president-elect Donald Trump earlier this year accused Taiwan Semiconductor Manufacturing Co (TSMC) of “stealing” the US chip business. He did so to have a favorable bargaining chip in negotiations with Taiwan. During his first term from 2017 to 2021, Trump demanded that European allies increase their military budgets — especially Germany, where US troops are stationed — and that Japan and South Korea share more of the costs for stationing US troops in their countries. He demanded that rich countries not simply enjoy the “protection” the US has provided since the end of World War II, while being stingy with