RCEP is signed, the island’s fear of being marginalized, the DPP authorities still force their composure

　RCEP was signed, but the DPP authorities on the island feared that they would be marginalized by economics and trade, but they still forced their composure...

　　[Global Times Comprehensive Report] The "Regional Comprehensive Economic Partnership Agreement" (RCEP), the world's largest free trade agreement, was officially signed on the 15th.

Taiwan's "United Daily News" called this the mainland's "resurrection of the trade war" and the "new enemy" of Taiwan's economy and trade on the 15th.

According to the China Times News Network, since Taiwan has very close economic and trade exchanges with RCEP member states, after the RCEP takes effect, tariffs between member states have dropped significantly, which will inevitably crowd out the export of Taiwan products.

In addition, in the future, the obstacles for Taiwan's service industry to enter member states may be even greater, and Taiwanese businessmen may have difficulties in investing in member states, and eventually Taiwan may be excluded from its production chain.

　　Taiwan Dongsen News stated that Taiwan will face three major impacts from RCEP: impact on traditional industries, difficulty in securing business opportunities in the service industry, and reduction of foreign investment in the industry. This has almost become the consensus of the island industry and media scholars in recent days.

Wang Wenyuan, who is also the president of Formosa Plastics and the chairman of the Federation of Industries, publicly pointed out that Taiwan has not yet joined the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), and the RCEP has been signed, which will cause Taiwan to face more unequal treatment and detrimental to Taiwan’s industrial competition. , Related industries continue to face severe challenges.

　　In the face of rising anxiety on the island, the DPP authorities still force their composure.

Taiwan’s "Minister of Economy" Wang Meihua said on the 15th that the degree of RCEP tax reduction liberalization has not increased much compared with the existing free trade agreements (FTA) of the relevant member states. The overall project has not increased much, and the tax reduction timeline is also very long. Observe again; Taiwanese companies have "prepared for a long time ago," and Taiwan will continue to upgrade its industries and strive to join the higher standard CPTPP.

Taiwan’s “Central News Agency” stated on the 15th that the signing of RCEP will make the regional economic integration in East Asia bound to be firmer, and that Taiwan’s exclusion will increase economic and trade marginalization.

"However, experts believe that the unending US-China dispute and the continuation of the global anti-China wave will bring opportunities for Taiwan."

　　Such an empty and pale statement obviously didn't have a soothing effect. The Kuomintang pointed out on the 15th that Taiwan’s trade with RCEP members accounted for 59% of the total trade volume, while investment accounted for 65% of Taiwan’s foreign investment. If you always get in, it will inevitably have a negative effect of being excluded. Only wanting to seize the United States," and not interested or daring to join RCEP, will often "emotionally blackmail" the people of Taiwan with "China" language, which hinders the benign interaction and exchanges between the people on both sides of the strait, and at the same time sits idly by the "cross-strait economic cooperation framework The advantages of the “Economic Agreement” (ECFA) are gradually eroding, which has left Taiwan in a difficult situation in regional economic cooperation. (Li Junfeng)