the open revolving door

I’m very worried about the abuses that can occur when ROC officials who negotiate with China also do business in China.  There is a clear motive and opportunity for China to give them special treatment in business dealings in exchange for agreeing to more favorable regulations on cross-straits activities.  An excellent article in the Liberty Times points out that Taiwan facilitates such corruption by not extending the normal revolving door provisions to officials in the Straits Exchange Foundation.  Most officials are prohibited from engaging in business in industries regulated by their ministry for three years after leaving their post.  Since SEF officials are already technically retired, the government’s position is that there is no need to worry about their next jobs.  Of course, this is ludicrous.  SEF officials are not actually retired; they are actively on the job.  However, the more important effect is that since the revolving door provision doesn’t extend to the SEF, it also does not extend to the family members of SEF officials.  Well, that couldn’t possibly lead to anything improper, could it?

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