Thursday, June 24, 2010

More Signs Of Detente Between China And Taiwan

Senior officials from Taiwan and China have begun talks in Taipei to finalise the details of a controversial trade deal. Photo AFP

China, Taiwan To Sign Breakthrough Trade Deal -- Christian Science Monitor

China and Taiwan are completing an agreement to increase bilateral trade. Taiwan's government says the trade deal will boost economic growth; the opposition party says it will erode sovereignty.

China and Taiwan have wrapped up negotiations on a landmark trade agreement that would cut tariffs on a range of goods and services and establish a formal framework for economic ties, officials from both sides said Thursday in Taipei.

Read more ....

More News On China - Taiwan Relations

Taiwan and China agree terms of landmark trade deal -- Reuters
Taiwan, China to Sign Trade Pact -- Wall Street Journal
China, Taiwan to Sign Trade Accord as Relations Thaw -- Bloomberg Businessweek
Taiwan, China talks set stage for trade pact -- AFP
China, Taiwan set to take one step closer to historic rapprochement -- Montreal Gazette/Canwest

My Comment: This agreement is a good sign .... and it formalizes what has been happening between the two countries since the early 1980s.

When I was in China in 1988 I stayed in Fujian Province, a province that is across from Taiwan. Even then .... Taiwanese businessmen were in China, and were involved in business deals and transactions. I am not surprised by these transactions .... family ties run both ways, and even though politics may separate governments, they do not separate families, peoples, and the flow of money.

No comments: