Wednesday, October 23 2019 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
TAIPEI — Both the New Taipei City Government and the Taipei City Government have announced plans to open liaison offices in China to assist Taiwanese citizens and promote business ties.
In the current context, such plans hold many pitfalls, and could play into Beijing’s efforts to bypass and discredit central Government institutions in Taiwan.
Announcements by New Taipei City Mayor, Eric Chu, of the Kuomintang (KMT) and Taipei Mayor Ko Wen-je, an independent, prompted a response from Taiwan’s Mainland Affairs Council (MAC) emphasising that decisions on initiatives pertaining to cross-Strait relations are the remit of the Central Government.
OUR Mumbai correspondent, has chronicled the successes and the failures of every Indian Prime Minister, including Nehru. Watching Modi’s determination to bring 100 million Indian households out of poverty by 2022, he sees India emerging as a future superpower . . .
ASIA is on a high. But will tomorrow’s industries create enough jobs – or the taxes needed to support an ageing population? And will political risk impact investment?
CHINA needs to cast aside the historical baggage of a nation subjugated by foreign powers and left with an innate sense of needing to protect itself . . .
China’s 19th Party Congress has concluded with Xi Jinping cementing his role as China’s most powerful leader since Mao Zedong. There is no need to restate how powerful Xi is; he is only the third leader to have his name included in the Constitution and the first living leader to be included since Mao Zedong.
While this was broadly anticipated, it is no less significant.
The Thai (Kra) Canal may not yet be an idea whose time has come, but it does appear to be on the horizon . . .
BUILDING China’s New Economy will require international help and expertise. Therein lies the opportunity . . .
IN A RARE backdown, Thailand’s military Government has reversed course on new foreign labour laws, stung by the impact of its measures on Thai industry and especially those in the SME sector . . .
TWENTY years after a bitter falling out, former Prime Minister Mahathir and his then-deputy, Anwar Ibrahim, have come together in a bid to reshape Malaysian politics . . .