{"id":171158,"date":"2014-04-08T01:42:04","date_gmt":"2014-04-08T08:42:04","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=171158"},"modified":"2021-09-14T21:21:16","modified_gmt":"2021-09-15T04:21:16","slug":"standoff-taiwan-legislature-close-resolution","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2014\/04\/standoff-taiwan-legislature-close-resolution\/","title":{"rendered":"Taiwan Group to End China Trade Protest"},"content":{"rendered":"
The New York Times’ Austin Ramzy reports that student protesters have promised to end their three-week long sit in at the Taiwanese legislature<\/strong><\/a>, after speaker Wang Jin-pyng conceded to\u00a0closer oversight of trade agreements with China. The occupation began as a part of\u00a0student demonstrations against a trade pact made by the\u00a0Kuomintang\u00a0Party to liberalize service sector trade with mainland China<\/a>.<\/p>\n \u201cMany people asked, If you leave this place, won\u2019t you lose your bargaining chip?\u201d said Chen Wei-ting, one of the student leaders, at a news conference announcing the end of the occupation. \u201cThe truth is, everything we\u2019ve said and all our energy has allowed this to spread from a student movement to a movement of all the people.\u201d<\/p>\n [\u2026] While many protesters and their supporters say they oppose the trade deal outright, others endorse some form of a service trade pact with China. The most widely held complaint is that the agreement has been hurried along with little opportunity for public review. Protesters call the government\u2019s methods a \u201cblack box\u201d and have named their campaign the Sunflower Movement, a reference to sunlight and transparency.<\/p>\n [\u2026] \u201cThe greater the trade amounts from the two sides, the greater concern of the general public about China becomes,\u201d said Huang Kwei-bo, an associate professor of diplomacy at National Chengchi University, who served as a policy adviser during Mr. Ma\u2019s presidential campaign. \u201cI think it\u2019s very clear: Mainland China has tried very hard to buy Taiwan, to win the support of Taiwan\u2019s people economically. But I don\u2019t think that strategy really works.\u201d [Source<\/a><\/strong>]<\/p><\/blockquote>\n Nevertheless, Aries Poon and Tom Wright report at China Real Time, polls show a public more or less evenly divided over the pact, which remains “likely to pass eventually in some form.” In any case, they argue, the-long term trend of expanding economic ties seems inexorable<\/strong><\/a>:<\/p>\n For one, China and Taiwan\u2019s economies already are inextricably linked. About a third of Taiwan\u2019s $300 billion per year in exports go to China, largely electronic components, petrochemicals and textiles.<\/p>\n Many Taiwanese firms, including Foxconn, which assembles Apple Inc.\u2019s\u00a0iPhone, have set up factories in China to benefit from cheaper costs and a larger domestic market.<\/p>\n Now, Taiwan\u2019s banks, brokers and retailers are hoping to get better access to China\u2019s market through the services pact. Business groups view China\u2019s market as a way to boost the economy, which grew at just over 2% last year, hobbled by high costs and a small domestic market.<\/p>\n […]\u00a0The public\u2019s view on hugging China closer is more mixed. A recent government-organized poll, released last week, found that 58% of respondents want the protesters to leave the legislature. It also found that 41% of respondents supported the services pact, while 40% disapproved. [Source<\/a><\/strong>]<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":" The New York Times’ Austin Ramzy reports that student protesters have promised to end their three-week long sit in at the Taiwanese legislature, after speaker Wang Jin-pyng conceded to\u00a0closer oversight of trade agreements with China. The occupation began as a part of\u00a0student demonstrations against a trade pact made by the\u00a0Kuomintang\u00a0Party to liberalize service sector trade […]<\/p>\n","protected":false},"author":1088,"featured_media":171159,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2,14744,14745,14746,100,5,112,1051],"tags":[1882,13529,3209,8355,4748,16506,5977,8354],"class_list":["post-171158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-economy","category-level-2-article","category-level-3-article","category-level-4-article","category-politics","category-society","category-taiwan","category-top-article","tag-ma-ying-jeou","tag-politics-2","tag-student-protests","tag-taiwan-democracy","tag-taiwan-economy","tag-taiwan-protests-2014","tag-taiwan-status","tag-taiwan-trade","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n