Medical and Hospital News  
TRADE WARS
China hails historic trade pact with Taiwan

by Staff Writers
Beijing (AFP) July 12, 2010
Chinese President Hu Jintao called for closer ties with Taiwan during a meeting Monday with an envoy from the island after the two sides last week signed a historic trade pact.

Hu said the accord between the two long-time rivals was an "important achievement" in developing closer relations and showed ties had entered a "new phase", state television said.

Hu made the comments during a meeting in Beijing with Wu Poh-hsiung, honorary chairman of Taiwan's ruling Kuomintang party.

Negotiators from Taiwan and China signed the Economic Cooperation Framework Agreement in the southwestern Chinese city of Chongqing on June 30.

The pact, by far the most sweeping between the two sides, marks the culmination of Taiwan President Ma Ying-jeou's Beijing-friendly policy, introduced after he assumed power in 2008.

Hu said he hoped the agreement could take effect as soon as possible, so that it could bring "substantial benefits" to both sides.

Ma had sent Wu bearing a message to Hu that also urged closer ties.

The deal will confer preferential tariffs, and in some cases zero tariffs, on 539 Taiwanese products, while 267 Chinese items will be placed on a list enjoying zero or falling tariffs.

Critics of the accord on Taiwan say it will strengthen Beijing's power over the island, marking a first step towards reunification, an accusation rejected by Ma.

Ma has said he will press for free-trade agreements with other countries in the region, now that the agreement with China has been reached.

Taiwan already has free-trade deals with Panama, Guatemala and Nicaragua and has been pushing for tie-ups with other major trading partners as it tries to avoid being marginalised by the growing number of regional economic blocs.

But talks have become bogged down, largely due to pressure from Beijing, which still considers the island part of its territory, even though Taiwan has governed itself since the end of a civil war in 1949.

China is Taiwan's largest trading partner, its largest investment destination, and now also home to a growing number of Taiwanese people.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TRADE WARS
China's exports soar despite Euro-US malaise
Beijing (AFP) July 10, 2010
China said Saturday its exports continued to soar in June, as demand for Chinese-made goods remained robust despite Europe's financial woes and a tepid US recovery. The nation's overseas shipments of items including electronic gadgets, shoes and textiles reached 137.4 billion dollars last month, up 43.9 percent from the previous year. The pace of growth was slower than in May when export ... read more







TRADE WARS
BP oil leak bill increases, as shares rise on sell-off talk

Better Barriers Can Help Levees Withstand Wave Erosion

Haitians mark poignant six-month quake anniversary

Six months after quake, Haitians frustrated by aid trickle

TRADE WARS
Tracking System Leads Rescuers To Birds Caught In Gulf Of Mexico Oil Spill

New System Helps Locate Car Park Spaces

Skyhook Wireless Partners With Samsung Electronics For Leading Location System

Telogis Expands Reach Into Construction And Heavy Lifting Sectors

TRADE WARS
Timor-Leste warms to Australia asylum idea

U.S. government challenges Ariz. law

Tibetan Adaptation To Altitude Took Less Than 3,000 Years

A Butterfly Effect In The Brain

TRADE WARS
Tiger countries meet in Indonesia to map rescue

"Magical Thinking" About Islands Is An Illusion

New Dinosaur Species Named For Flamboyant Frill

Canada needs more, bigger parks to protect wildlife: study

TRADE WARS
Football therapy for Zimbabwe's HIV-positive women

Zimbabwe lacks AIDS drugs to expand treatment: official

Breakthrough antibodies neutralize most known AIDS strains

11.5 percent HIV/AIDS prevalence in Mozambique: report

TRADE WARS
China tells dissident writer book on PM could mean prison

Google says still waiting for China licence decision

Celebrations and sadness as Dalai Lama turns 75

Lenovo says Apple missing huge opportunities in China

TRADE WARS
Gunmen seize 12 sailors in ship attack off Nigeria: navy

Singapore ship with Chinese crew hijacked off Somalia

Sudan says Cyprus 'arms ship' contains mining explosives

Islamists, unpaid troops hit Somali regime

TRADE WARS
Chinese sovereign credit report rates US below China

Walker's World: Europe's stress tests

China bank lending cools in June

IMF warns of 'downside risks' in Asia


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement