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Tuesday, March 29, 2011

ECFA benefiting wealthy: report  http://www.taipeitimes.com/News/front/archives/2011/03/27/2003499218

People who possess large amounts of capital appeared to reap benefits from the Economic Cooperation Framework Agreement (ECFA), while those on the lower end of the economic scale absorbed the costs, a recently released report on the cross-strait China-Taiwan trade pact signed in June last year suggested.POOR ABSORBING THE COSTS::The Cabinet-commissioned report compared the ECFA with Hong Kong’s CEPA, saying that industries continued their exodus to China

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