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DATE=3/22/2000
TYPE=CORRESPONDENT REPORT
TITLE=TAIWAN - CHINA (L-ONLY)
NUMBER=2-260459
BYLINE=DERRICK MELHERON
DATELINE=TAIPEI
CONTENT=
VOICED AT:
INTRO: The party of Taiwan's newly elected president, 
Chen Shui-bian is meeting Wednesday to discuss 
dropping its long-standing support for independence 
from China. Derrick McEhleron reports from Taipei, Mr. 
Chen is also continuing to make conciliatory gestures 
toward Beijing.
TEXT: Leaders of the Democratic Progressive Party are 
considering whether to drop the
pro-independence stance which has provoked threats of 
an invasion from China.  Beijing officials have also 
said they will not negotiate with anyone who advocates 
independence from the mainland. If the D-P-P leaders 
approve, the issue of changing the long-held stance 
will be debated at a party congress in May.
Since winning Taiwan's presidential election on 
Saturday, Mr. Chen has downplayed his party's pro-
independence position.  He has also proposed open 
talks with Chinese leaders with no pre-conditions.  
The Nationalist-controlled legislature, meanwhile, on 
Tuesday decided to ease a 50-year ban on transport and 
travel links with China, as another means to reduce 
tensions.
On Wednesday, Mr. Chen continued to make goodwill 
gestures toward China.
In an interview published in the Los Angeles Times 
newspaper, Mr. Chen said he hopes to see China enter 
the World Trade Organization and have normal trade 
relations with the United States.
Taiwan has an economic, as well as political interest 
in U-S-China trade relations, because many Taiwanese 
companies manufacture goods in China and export them 
directly to the United States.
Mr. Chen also said peace with China will be his "top 
priority," when President.
Mr. Chen's efforts to ease cross-strait tensions, as 
well as China's moderate reaction to his election, are 
helping Taiwan's battered stock market.
Market analysts say signs of lower tensions are 
calming investors worries and have ended the recent 
bouts of heavy profit taking.
For the last two days the Taiex has even suprised some 
analysts by making modest gains.
Today the Taiwan exchange closed up 65 points to end 
trade at 9069.
            /// REST OPT /// 
Meanwhile, Taiwan's current President, Lee Teng-hui, 
is under mounting pressure to resign after the 
Nationalist party's humiliating defeat in Saturday's 
Presidential election. Increasing numbers of his 
party's lawmakers are demanding that President Lee 
step down as Taiwan1s President and give up his 
position as chairman of the party.
At a legislative meeting held on Wednesday, a number 
of prominent Nationalist party members openly stated 
President Lee should either step down now or at least 
give up his seat as party
chairman when President elect, Chen Shui-bian 
officially takes office on May 20th. 
The appeals came as similar demands were being voiced 
for the fifth straight day by demonstrators camped 
outside the party headquarters in Taipei.
President Lee has offered to resign from the party at 
a convention this September. (signed)
NEB/DM/FC
22-Mar-2000 03:04 AM EDT (22-Mar-2000 0804 UTC)
NNNN
Source: Voice of America
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