trade restrictions 結果共6筆

China has announced the lifting of its ban on several agricultural and fishery products from Taiwan, signaling a potential thaw in cross-strait relations and fostering hopes for increased economic and cultural exchanges.

The Customs Tariff Commission of China’s State Council has announced that starting from January 1 next year, it will suspend the application of preferential tariffs for 12 categories of chemically imported goods from Taiwan, including propylene and paraxylene. China claims that Taiwan violates ECFA regulations by imposing discriminatory trade measures for products exported from China, and a trade barrier investigation by China’s Ministry of Commerce confirmed these restrictions as a trade barrier. Taiwan’s Mainland Affairs Council (MAC) accuses China of political manipulation and bypassing WTO dispute mechanisms. The Ministry of Economic Affairs (MOEA) states that the export value of ECFA’s early harvest list to China has been decreasing, projected to retract to pre-ECFA levels by year-end. The MOEA proposes managing cross-strait economic disputes under the WTO mechanism and encourages China to do the same.

A new poll by ETtoday reveals a tight race in the upcoming 2024 presidential election in Taiwan. The Democratic Progressive Party’s Lai-Hsiao ticket, consisting of Lai Ching-te and Hsiao Bi-khim, leads with 35.9% support, slightly ahead of the Kuomintang’s Hou-Jaw ticket, comprised of Hou Yu-ih and Jaw Shaw-kong, at 34.7%. The Taiwan People’s Party’s Ko-Wu ticket, featuring Ko Wen-je and Cynthia Wu, trails behind with 19.6% support. Despite the close percentages, 44.3% of the public expresses confidence in the Lai-Hsiao ticket’s ability to win, compared to 30.1% for Hou-Jaw and 13.8% for Ko-Wu. Conversely, 40.5% of voters are certain they will not vote for Lai-Hsiao, while 27.3% reject Hou-Jaw and 20.6% turn away from Ko-Wu. In terms of non-constituency legislators, the KMT leads with 35% support, followed by the DPP with 31.3% and the TPP at 14.5%. The poll highlights public concern over Taiwan’s economic ties with China, particularly due to recent trade restrictions viewed as trade barriers and the suspension of the Economic Cooperation Framework Agreement (ECFA) measures. Additionally, 47.1% of respondents worry that a Lai Ching-te presidency could worsen cross-strait economic and people-to-people exchanges, while 16.4% hold the same concern for Hou Yu-ih and 11.6% for Ko Wen-je. The poll, conducted from December 18 to 19, surveyed 1,224 respondents with a margin of error of plus or minus 2.8%. Compared to the previous poll from December 14 to 15, support for the Lai-Hsiao ticket dropped by 2.6 percentage points, while the Hou-Jaw ticket saw a minor decline of 0.4 percentage points, and the Ko-Wu ticket remained unchanged. The number of undecided voters increased to 9.8%, indicating the undecided nature of the electorate ahead of the presidential vote.

Taiwan’s Premier Chen Chien-jen expresses regret over China characterizing Taiwan’s trade restrictions as trade barriers, emphasizing the need to address conflicts through the World Trade Organization (WTO) mechanisms. He urges for peaceful and equal cross-strait exchanges, highlighting that Taiwan and China can negotiate through the WTO. Premier Chen also extends condolences to the families of the victims of the recent earthquake in China’s Gansu province and offers assistance with relief efforts if needed.

The Ministry of Commerce of the People’s Republic of China (MOFCOM) has concluded its investigation into Taiwan’s ban on importing certain products from the mainland, deeming it a trade barrier. The investigation, conducted under the Foreign Trade Law and Foreign Trade Barrier Investigation Rules, found that the ban hinders cross-strait trade relations. The ban, which covers 2,455 Taiwanese goods including agricultural products, minerals, chemicals, and textiles, was announced by Beijing in April. Originally scheduled to release the findings on October 12, 2023, MOFCOM extended the deadline to January 12, 2024. Taiwan Affairs Office (TAO) spokeswoman Zhu Fenglian criticized the ban, stating that it goes against the Economic Cooperation Framework Agreement (ECFA), which aims to reduce or eliminate tariffs and non-tariff barriers between the two sides. Zhu emphasized that such restrictions harm the interests of both sides and pledged support for measures based on the investigation’s results.

China’s Ministry of Commerce has extended its trade barrier investigation into Taiwan’s trade restrictions towards the mainland. Originally set to conclude on Oct. 12, 2023, the investigation will now end on Jan. 12, 2024, a day before Taiwan’s 2024 general elections. The investigation, authorized under the Foreign Trade Law and the Foreign Trade Barrier Investigation Rules of China, targets 2,455 items blocked by Taiwan from mainland importation, including agricultural products, petrochemicals, and textiles. The extended analysis is expected to heighten tensions between China and Taiwan in the run-up to Taiwan’s crucial elections next year.