Reverberating into local politics: Taiwan businesses in China are getting out as the China economy continues to slide. This will undercut the KMT argument, constantly made, that Taiwan needs to tie itself economically to China in order to survive. As each year passes, it is more and more clear that the golden age was under the Chen Administration, and the Ma Administration deeply impaired Taiwan's ability to engage China on Taiwan's terms.
"After the Lunar New Year holiday, we will likely see a large-scale shutdown of small to mid-sized businesses in China, including those run by Taiwanese people," said the Association of Taiwan Investment Enterprises on the Mainland (ATIEM), a corporate community made up of Taiwanese businesspeople in China.Those Taiwanese businessmen remaining in China will be either too invested to leave, or true expats unwilling to return to the homeland, slowly becoming ever more out of touch with their homeland. Like all expats they have developed a set of elaborate rationalizations for their living outside of their homeland, which are often mistaken for meaningful political commentary.
The association said a wave of departures started around four years ago, adding that the current wave was different from before — in the past, while Taiwanese businesses would shut down factories in China, many kept their assets in the mainland as they maintained an optimistic outlook on the Chinese economy.
"They used to either keep their mainland savings in banks or invest in real estate, businesses ventures or the stock market. But what is different about the current wave of departures is that not only have the factories and assets left, people have stopped feeling any sort of sentimental attachment to the place altogether," an anonymous committee member of the association told local media.
Meanwhile the KMT continues to stumble. This week the news came out that the forms for new party membership application hilariously contains only places in China to be filled in as birthplace...
However, the party’s Web site for online membership application does not include most Taiwanese counties and cities as an option for the applicant’s place of birth.They probably bought it from a Chinese company. UPDATE: Nope. It was deliberately designed that way to comply with the Republic of China territorial boundaries.
Although it lists 59 locations for applicants to choose as their place of birth, no Taiwanese administrative division is included other than Taipei and Kaohsiung.
KMT Chairmanship hopeful Steve Chan observed that the KMT might disappear if its internal splits continue. Report in English.
The big news this week was Tsai's cabinet reshuffle. As a commenter predicted here last year when this disappointing cabinet was picked, Tsai is moving out the technocrats, among whom are KMTers (Taipei Times report quotes observers noting that too many KMTers remain) and replacing them with politicians who can effectively run the ministries and campaign for the DPP. It's February, remember, and campaigning for the 2018 elections, which will be held in
Also hilariously, Hau Long-bin, the KMT heavyweight, criticized the cabinet changes, accusing the DPP of nepotism since the new Minister of Labor is President Tsai's cousin, saying: “Nepotism is not good under any circumstances.”
Hau, readers will recall, is the son of KMT reactionary General and Premier Hau Pei-tsun, and owes his high position entirely to the fact that his father is a powerful KMT figure.
This habit of constantly replacing cabinet ministers is bad for Taiwan. Needs to stop... and Tsai's obliviousness to simple issues, such as appointing a family member to high posts in her administration, as well as appointing few women to positions in her cabinet, also needs to stop.
- Longtan Butokoden: photo and essay from Josh Ellis
- Taiwan sees record high tourists in 2016. As expected. Excellent news for Taiwan. Nobody will even notice the loss of Chinese tourists, and as word gets around, tourists from more lucrative countries that aren't threatening to murder Taiwanese and take their island will come. And before you tell me something about soft power or people to people contacts or other nonsense, the Chinese group tourists were simply making China even more despised. The individual tourists are far more respectful and likable.
- Thursday = COLD FRONT
- Cambodia is rapidly turning into a protectorate of China (along with Laos). The PM this week banned the ROC national flag in deference to Beijing, but asked for Taiwanese investment to continue.
- Joe Hung, the reactionary KMT commentator, with another round of comical spew in China Post. A good look into what the Deep Blues actually think.
- NOT FAKE NEWS: Comically, after years of regurgitating Chinese propaganda about Taiwan in reports studded with errors and misunderstandings, BBC is producing a site dedicated to fighting fake news. Hint: look in the mirror, BBC.
- INTERNSHIP: Winkler Partners, law firm in Taipei, great place to work full of great people. Apply for our paid international law student internship before 15 February and join us in Taipei, Taiwan! http://bit.ly/1NWwsdd
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