Hsieh opposes 'one-China' market plan

DPP hopeful backs slow liberalization of economic links

Democratic Progressive Party presidential nominee Frank Hsieh (謝長廷) stated yesterday that he was strongly opposed to the call by Kuomintang rival Ma Ying-jeou (馬英九) for a "one-China market," but continued to back gradual liberalization of cross-strait economic links based on "upholding both Taiwan's autonomy and economic benefit."
Hsieh also said yesterday that he was opposed to Ma's proposal to allow PRC investors to unconditionally purchase real estate in Taiwan, including housing properties.
"While Ma calls for unrestricted liberalization to China, I insist that we must fully uphold Taiwan's sovereignty," said Hsieh. Allowing PRC investment in the Taiwan housing market "will create a bubble economy as it will upset normal supply and demand in the housing market," he added.
Hsieh said that anticipation of PRC capital entering the housing market has already spurred rises in housing prices and warned that "the middle class will become a sacrificial lamb and workers and youth will not be able to buy homes."
Hsieh also reaffirmed his call to ease the current ceiling on China-bound investment by Taiwan publicly listed companies to a maximum of 40 percent of their net worth and the adoption of a "case by case" review system, but stressed that any such reform must "in tandem safeguard autonomy and national security and economic benefit."
Speaking after the DPP Central Standing Committee meeting yesterday, DPP Secretary-General Lee Ying-yuan (李應元) noted that though Ma's running mate Vincent Siew (蕭萬長) had openly called for the formation of a "one-China market," he claimed that the DPP's criticism of his statement was "slander." However backtracked yesterday and admitted to having used the phrase "one-China market" in a lecture at Tamkang University, Lee said.
Lee said that Hsieh's campaign headquarters would provide more detailed evidence on this point today and called on Ma and his running mate to publicly apologize.
The CSC meeting listened to reports by DPP Minister without Portfolio Liu Shih-fang (劉世芳) on the progress for implementation of the National Pension System and by Deputy Transportation Minister Tsai Dui on infrastructure in greater Taichung.
After hearing these reports, Hsieh said that the Taiwan High-Speed Railway, which initiated operation last fall, had provided a major boost to the Central Taiwan Technology Park near Taichung, in which companies have already invested NT$1.7 trillion and had NT$260 billion in total sales last year including NT$27.9 billion in capital from Taiwan businesses active in China.
Hsieh said the high-speed rail link would spur Taichung's transformation from a center for traditional industry into "a city of hope for high-value added."
In addition, the DPP policy making committee approved a mobilization plan for a set of activities on March 16 that aim to involve "one million" citizens in support of the come-from-behind campaign of DPP presidential nominee Frank Hsieh.
The plan calls for Hsieh to view the sunrise together with representatives from all of Taiwan's four major ethnic groups at Taimali in Taitung County, "Against the Wind" marches by citizens across Taiwan and a massive "Protect Taiwan with Democracy" rally in Taichung City.