In Brief
-Big news is coming out of China fast. Following yesterday's Japan-China news, now China and Taiwan have held a summit. The year of the Olympics is proving to be quite a year. Taiwan's ruling Nationalist Party Chairman Wu: "We can ensure...that war will never break out across the Taiwan Strait" and both sides pledged peace.
-Bill Easterly is having a go at the Growth Commission (link thanks to the Trade Diversion blog). True to form, Easterly says "My students at New York University would have been happy to supply statements like these [Commission statements] to the World Bank for a lot less than $4m".
-Claude Barfield of the American Enterprise Institute had an op ed in the New York Sun last week on why the US should sign an FTA with Taiwan. This is worth a read given Barfield's standing and his past stance on trade. This will require a full post sometime. . .