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Africa: Current Intellectual Property Systems Marginalise Continent – Tumelo – This article deals with the need for better a better market regulatory infrastructure for the continent. I like the emphasis placed on African solutions to these problems and not just copying the West. Japan created a system based on Western capitalism but with specific Japanese characteristics that proved exportable to other nations in the region like South Korea and to a less extent Taiwan. Africa also should be encouraged to undertake such innovation for issues specific to the continent.

Ma promises 100 years of peace and prosperity – Ma’s using the boost from the Legislative victory of his party to help him campaign for the office of president.  He sounds even more arrogant than before. (sigh)

Why Europe should thank China – An interesting article on why the EU should THANK China for their dollar peg on the yuan. Strictly going by the article, I guess the judgment should be based on what how does the long term and short term benefit stack up when comparing advantages and disadvantages of a strong euro to USD relationship. The article does not address this. The conclusion is the EU gets “some benefit”, so suck up the cost and just reduce the overhead on your exports. LOL, easier said than done.

Chinese sub, Kitty Hawk in standoff – More “war games” in the Taiwan Strait. I wonder why China is getting provocative all the sudden or is it they are just testing new equipment in realistic scenarios?

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I did not think the DPP would gain control of the legislature from the KMT, but I also did not believe they would lose this badly. The KMT won 82 out of 113 seats. Ouch! Before the KMT just had a slight majority, enough to create deadlock. It seems this was a referendum on Chen Shuibien’s administration.

If Ma wins the presidency and completes KMT dominance, a lot of things will change in Taiwan. The 8 year deadlock has caused significant social stagnation on the island. I’m sure China will be pleased with this. The KMT are not ready to rejoin China, but they will not make any provocative moves either. This takes pressure off of American and Japan. Closer economic ties with the Mainland would likely help to jump start the economy; right now Taiwanese business is handicapped, which is a primary reason that business is firmly behind the KMT.

I repeatedly noticed during the campaign that the KMT has calmed down some of their “pro-mainland” rhetoric. It seems that multi-party democracy has led the Taiwanese government to reflect the pragmatic mood of the public. This is a good thing. I do not interpret this as a push by Taiwanese people (Benshengren and Waishengren) toward a pro-China position, but more of a pulling back of the more extreme rhetoric from Chen Shuibien in recent years; economic sluggishness; and corruption in the DPP (who originally ran on anti-corruption). The campaign rhetoric in both the Pan-Blue and Pan-Green camps has been to moderate their positions to the center. A good example of this is the fact Ma did not oppose the UN Referendum. He just opposed “how it was being handled”. My understanding was he wanted Taiwan to try to join the UN under the Republican of China (or maybe China Taipei); whereas he feared Chen wanted to do it as “Taiwan”, which would indicate “political separation” from the mainland.

As I have said many times, I am not pro-reunification or pro-independence. I’m pro-democracy. If this is what the people want then so be it.

Election fraud allegations are already starting to fly over at Michael Turton’s. There is no word yet from the anti-DPP China Desk, but keep posted.

Will Ma be Taiwan’s next president? It looks very likely.

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Opposition wins easily in Taiwan

The Associated Press
Saturday, January 12, 2008

TAIPEI: Taiwan’s opposition Nationalist Party won a landslide victory in legislative elections Saturday, dealing a humiliating blow to the government’s hardline China policies two months before the presidential election.

President Chen Shui-bian resigned as chairman of the Democratic Progressive Party immediately after his party’s defeat. “I should shoulder all responsibilities,” Chen said. “I feel really apologetic and shamed.”

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WOW!! I was not expecting this. I did know that Lee was starting to distance himself from Chen and he was also becoming less anti-China and less pro-independence, but this was a drop-kick to Chen Shuibien and his party. I honestly do not know where he is headed with this; other than to sway popular sentiment to his party or maybe in his old age he is just becoming more pragmatic.

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Lee Teng-hui pans Chen, has hopes of third election force

CHANGE NEEDED: The nation’s political scene is a never-ending brawl led by the DPP and KMT, the TSU spiritual leader and former president said

STAFF WRITER
Saturday, Dec 29, 2007, Page 3 A local newspaper yesterday quoted former president Lee Teng-hui (李登輝) as lashing out at President Chen Shui-bian (陳水扁) for having “no concept of democracy.”

The Chinese-language China Times, which interviewed Lee, quoted Lee as saying Chen had overstepped his powers.

Chen has used his position to amass personal wealth and only worked to serve the interests of his own family, Lee said.

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