Ma Ying-Jeou, a step in the right direction!
- 6% GDP Growth Annually
- 3% Unemployment rate by 2012
- $30,000 Per Capita Income by 2012
Latest figures on unemployment rate in Taiwan indicate that it has risen to 3.95%. But he's only been in office for 2 or so months, so there's still another 3 years and 10 months to get it down to 3%. Also, don't forget that Goldman Sachs is forecasting GDP Growths for 08 and 09 below 6%, at 4.5% and 4.8% respectively. Things don't look to well for the "633" pledges. As far as Per Capita GDP, currently Taiwan is at or around $16,800. Nearly doubling by 2012 is going to be tough as well.
Japan Didn't Cave - Earlier this week The Diplomat ran a piece entitled "Japan Caves to China on the Senkaku Islands Dispute". Citing reports in the Japanese media, it opened...
1 day ago