Due to former Chinese Nationalist Party (KMT) chairman Lien Chan's (
First, the KMT has no defense against China. The forum's five major themes -- economy and trade, direct transportation links, tourism, agriculture and finance -- all echo Beijing's needs, purposely creating a favorable atmosphere for the complete opening of investments in China.
The party ignores that such actions will increase China's attraction, leading to the rapid marginalization of Taiwan's economy. Not to mention that Hu Angang (胡安綱), a member of the Chinese People's Political Consultative Conference, recently stated that since Taiwan's economy is greatly dependent on China, Beijing can impose economic sanctions on Taiwan at any time it chooses. With the enemy's threat still ringing in our ears, the KMT still fails to prepare its defenses.
Second, the KMT has not analyzed the current business situation. The party claimed it was hosting the forum to find a way out for Taiwan's economy, to "boost the economy, save the poor," implying that China is the solution to Taiwan's economic downturn.
But statistics show that Taiwanese business investments in China have exceeded 50 percent of GDP, which is higher than that of Japan (0.6 percent), South Korea (2 percent), and the US (0.3 percent). These investments also account for half of total foreign investment in China. Anyone who can think is able to see that excessive Taiwanese investment in China is the culprit behind industrial and capital outflows. China is not a way out for Taiwan, but a dead end.
Third, the KMT is not taking a critical view of China. The party often boycotts the government and talks about the demise of Taiwan, but it praises China without reviewing actual conditions there. In the pursuit of economic growth, China has deprived laborers of their basic rights and oppressed justice, causing serious confrontations. The KMT pays no attention to this. Even the Beijing newspaper the China Youth Daily dared to report the truth: More than 70 percent of China's wealth (about US$960 billion) is in the hands of less than 0.02 percent of its population (about 230,000 people), illustrating the gap between rich and poor.
Fourth, the KMT is irresponsible. The party is blind to China's crises, while bragging about its prosperity. It hides its Sinicization behind the excuse of globalization and promotes investing in China. It even accuses Taiwan of isolating itself from the world behind the "no haste, be patient" policy.
However, excessive investments in China are precisely the cause of Taiwan's economic downturn, insufficient domestic investment and the fall in consumption and wealth, not to mention the economic criminals who invest money in China and abandon their debts in Taiwan. Such investments create wealth in China while causing suffering to the people of Taiwan. They indirectly help China achieve its goal of invading Taiwan. The KMT has failed to fulfill its responsibilities toward Taiwan.
Fifth, the KMT lacks backbone. It loses all its integrity whenever it meets China. In Taiwan, its members vow to uphold the Republic of China (ROC), but whenever they meet Chinese officials, they remain silent, as if they had never pledged allegiance to the ROC's national flag.
They only dare to undertake their irrational obstruction of the arms procurement plan, paralyzing Taiwan's national defenses, but say nothing about the 800 ballistic missiles China has aimed at this country and dare not demand that Beijing dismantle them. They talk about Taiwan in satirical tones, but their tongues become sweet and gentle when speaking about China. How can we expect this spineless party to "have its own interpretation" once Taiwan really accepts the "one China" principle?
The KMT-CCP forum is a farce. We in the four Taiwan societies want to remind the public to face China's attempts to divide Taiwan and its "united front" strategy, which is aimed at confusing the international community. As for the Executive Yuan's planned conference on the sustainable development of Taiwan's economy, the four societies also want to remind the government that the solution to the nation's economic problems lies in improving the domestic investment environment, developing a knowledge-based economy and the upgrading its industry.
As an island state, Taiwan can find business opportunities all over the world. It must not isolate itself in China. From a political or economic perspective, the opening of direct flights and transportation links at this stage is tantamount to digging our own grave. Those in power must think twice before they act.
Translated by Eddy Chang
Trying to force a partnership between Taiwan Semiconductor Manufacturing Co (TSMC) and Intel Corp would be a wildly complex ordeal. Already, the reported request from the Trump administration for TSMC to take a controlling stake in Intel’s US factories is facing valid questions about feasibility from all sides. Washington would likely not support a foreign company operating Intel’s domestic factories, Reuters reported — just look at how that is going over in the steel sector. Meanwhile, many in Taiwan are concerned about the company being forced to transfer its bleeding-edge tech capabilities and give up its strategic advantage. This is especially
US President Donald Trump last week announced plans to impose reciprocal tariffs on eight countries. As Taiwan, a key hub for semiconductor manufacturing, is among them, the policy would significantly affect the country. In response, Minister of Economic Affairs J.W. Kuo (郭智輝) dispatched two officials to the US for negotiations, and Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors convened its first-ever meeting in the US. Those developments highlight how the US’ unstable trade policies are posing a growing threat to Taiwan. Can the US truly gain an advantage in chip manufacturing by reversing trade liberalization? Is it realistic to
The US Department of State has removed the phrase “we do not support Taiwan independence” in its updated Taiwan-US relations fact sheet, which instead iterates that “we expect cross-strait differences to be resolved by peaceful means, free from coercion, in a manner acceptable to the people on both sides of the Strait.” This shows a tougher stance rejecting China’s false claims of sovereignty over Taiwan. Since switching formal diplomatic recognition from the Republic of China to the People’s Republic of China in 1979, the US government has continually indicated that it “does not support Taiwan independence.” The phrase was removed in 2022
US President Donald Trump, US Secretary of State Marco Rubio and US Secretary of Defense Pete Hegseth have each given their thoughts on Russia’s war with Ukraine. There are a few proponents of US skepticism in Taiwan taking advantage of developments to write articles claiming that the US would arbitrarily abandon Ukraine. The reality is that when one understands Trump’s negotiating habits, one sees that he brings up all variables of a situation prior to discussion, using broad negotiations to take charge. As for his ultimate goals and the aces up his sleeve, he wants to keep things vague for