Monthly Archives: May 2015

Expert of cross-strait and foreign relations

Wang Yi is the current Minister of Foreign Affairs in China. Before taking the position as the minister of foreign affairs, he was head of the Taiwan Affairs Office. The following is his biosketch. Continue reading

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Rules executed in infrastructure

Cheming Yang

As Confucius stated, law can go nowhere merely by itself. We definitely need infrastructure to support the implementation of laws and regulations. You can write up beautiful laws, but without basic support, those laws are going nowhere. Especially in the arena of trading, you have to be able to trade to start with. For international trade, all the goods need to go through great distance to reach destinations and all the transactions can only be completed through the international banking system. But all the infrastructure can only operate smoothly by the rule of laws. In reality, they are mutually dependent. But if we still feel free trade is not taking place, is it because we do not have enough rules or enough infrastructure? It might be a chicken and egg question. Let’s narrow down a bit and focus on just one facet of the question. Do we have enough laws in promoting free trade? Continue reading

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