Despite strong reservations by the political opposition,
the KMT government is determined to
conclude the first stage of a framework trade agreement
with China this June. Even some who support
the measure view it as mainly defensive in nature, helping
Taiwan hold onto its market share in China in the
face of expanding regional blocs from which Taiwan is
excluded. But others see ECFA as creating new business
opportunities for Taiwan and increasing its attractiveness
to foreign investment.
By Jane Rickards
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