Sunday, February 22, 2009

Ma urges economic pact with Beijing


Ma urges economic pact with Beijing
22-02-2009

Taiwan's President, Ma Ying-jeou, has called for a wide-ranging economic pact with Beijing as part of his government's measures to tackle the island's recession. Mr Ma also vowed to speed up public infrastructure projects, loosen regulations and offer more tax incentives to boost investment. Mr Ma made the comments at a cabinet meeting after the release of worse-than-expected data indicating a record contraction of Taiwan's economy.

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