Weblog#4 Sean

Title of article: Taiwan's online stores accept Union Pay

Author: Xin Hua           

Publication: China Daily.com

Date of article: 02/09, 2012

Short summary:

     China's biggest credit card company announced Taiwan's online shops can take their cards. It means the China Union Pay card owners are able to purchase from Taiwan by internet. The online payment services would enhance efficiency. The customers can order tickets and hotels to plan their traveling to Taiwan. It also improves Taiwan's economic situation.

Issues:

     How many benefits can the China Union Pay owners have?

     Should other Taiwanese stores accept the CUP card?

     How many consumers would like shopping online to gat Taiwanese products?

     Should Taiwan's economic system keep relying on China?

Opinion:

     Taiwan's government has relied on China too much. Actually, China's government tends to release their friendship, for they try to use an economic lever to push Taiwan to accept uniting. In fact, we have a sound economic system. It is not necessary to rely on China, even though they can provide the immense amount of consumption. Taiwan should find a new way to develop its economic direction in case China tries to force Taiwan to be merged in the future.