Li Zhenghong, chairman of the National Taiwan Enterprise Federation, is worried that the "Economic Cooperation Framework Agreement" (ECFA) will expire next year. Who will negotiate? Will contact the mainland official, which is the "source of infiltration" in the "reverse osmosis law". The passage of "this law" will definitely have a major impact on cross-strait economic and trade relations! Chen Hongxin, associate professor of the Department of Business Management of East China Normal University in Shanghai, also pointed out that the mainland market accounts for more than one-third of Taiwan's exports, which may further impact the overall economy next year.
Li Zhenghong said that the DPP has forcibly passed the "Reverse Infiltration" law. How will various consultations between the two sides of the Straits Association be conducted in the future? Who will help protect the rights of Taiwanese businessmen? Because they may become "sources of infiltration", they will feel "inconsistent." He pointed out that the "Reverse Infiltration Law" not only impacted cross-strait economic and trade relations, but also affected everyone. The discretion is in the hands of the DPP.
He believes that the scope of the "Reverse Osmosis Law" is too broad, and the definition of behavior is unclear. The right of interpretation is entirely relevant to the Taiwan authorities, the discretion is too great, and there is no practical operation, including who is in charge of the unit. vague. All these will cause Taiwan businessmen to self-endanger. Are mainland incentives considered "funding" of infiltration? Worrying.
Chen Hongxin also said that some large Taiwanese companies have no shortage of returning profits to Taiwan, such as setting up factories on both sides of the strait, but the last process is shipped back to Taiwan for re-export, and profits remain in Taiwan. In the future, the "reverse osmosis method" will hinder cross-strait exchanges, so that Taiwanese businessmen may not necessarily return to Taiwan. It can also be sent to Southeast Asian factories for processing. In the end, the impact is still Taiwan.
Chen Hongxin believes that Taiwan businessmen's economic activities do not need to be intimidated, and the choice of the market is free will. No one can withstand money, and there is no need for Taiwanese authorities to guide which market is the best. He believes that Taiwanese businessmen should be separated from politics.
Source: China Times, Taiwan