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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Senior Opposition Official To Visit China Midweek
MNI (London)-Deputy Chairman of the main opposition Kuomintang (KMT) Andrew Hsia is set to visit China to meet with senior officials amid heightened tensions between Beijing and Taipei. The KMT is viewed as the less overtly pro-independence of the two main Taiwanese political parties (with the incumbent Democratic Progressive Party of President Tsai Ing-wen more nationalistic).
- Hsia will meet with Song Tao, the new head of China’s Taiwan Affairs Office. The KMT stated that Hsia will "conduct exchanges and dialogue on the basis of equality and dignity", and will "reflect Taiwan's latest public concerns about the security of the Taiwan Strait and expectations for regional peace and stability".
- The exchanges will be the first since Hsia visited Beijing in August 2022, an event condemned by the Tsai administration, which has not held any talks with Beijing since coming to power in 2016.
- The trip comes as the KMT and DPP turn their attention to next year's presidential election, due by April 2024 at the latest. Opinion polling shows that probable DPP candidate Lai Ching-te leading if KMT Chairman Eric Chu is selected as the party candidate. However, should the KMT opt for New Taipei Mayor Hou You-yi then polls show him running ahead of Lai.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.