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
To The Honorable Legislative Speaker Han Kuo-yu (韓國瑜): We would like to extend our sincerest regards to you for representing Taiwan at the inauguration of US President Donald Trump on Monday. The Taiwanese-American community was delighted to see that Taiwan’s Legislative Yuan speaker not only received an invitation to attend the event, but successfully made the trip to the US. We sincerely hope that you took this rare opportunity to share Taiwan’s achievements in freedom, democracy and economic development with delegations from other countries. In recent years, Taiwan’s economic growth and world-leading technology industry have been a source of pride for Taiwanese-Americans.
Next week, the nation is to celebrate the Lunar New Year break. Unfortunately, cold winds are a-blowing, literally and figuratively. The Central Weather Administration has warned of an approaching cold air mass, while obstinate winds of chaos eddy around the Legislative Yuan. English theologian Thomas Fuller optimistically pointed out in 1650 that “it’s always darkest before the dawn.” We could paraphrase by saying the coldest days are just before the renewed hope of spring. However, one must temper any optimism about the damage being done in the legislature by the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP), under
As Taiwan’s domestic political crisis deepens, the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) have proposed gutting the country’s national spending, with steep cuts to the critical foreign and defense ministries. While the blue-white coalition alleges that it is merely responding to voters’ concerns about corruption and mismanagement, of which there certainly has been plenty under Democratic Progressive Party (DPP) and KMT-led governments, the rationales for their proposed spending cuts lay bare the incoherent foreign policy of the KMT-led coalition. Introduced on the eve of US President Donald Trump’s inauguration, the KMT’s proposed budget is a terrible opening
To our readers: Due to the Lunar New Year holiday, from Sunday, Jan. 26, through Sunday, Feb. 2, the Taipei Times will have a reduced format without our regular editorials and opinion pieces. From Tuesday to Saturday the paper will not be delivered to subscribers, but will be available for purchase at convenience stores. Subscribers will receive the editions they missed once normal distribution resumes on Sunday, Feb. 2. The paper returns to its usual format on Monday, Feb. 3, when our regular editorials and opinion pieces will also be resumed.