HTC's Cher Wang said it is inconceivable that Taiwan could prosper without the 1992 Consensus which has enabled stronger cross-strait ties. (Photo Hung Hsi-lung)
On the final day before Taiwan's presidential and legislative elections on Jan. 14, Cher Wang, chair of local smartphone maker HTC as well as VIA Technologies, declared her support for President Ma Ying-jeou in his bid for a second term in office.
Wang said it is inconceivable that Taiwan can prosper without the 1992 Consensus, the current foundation of dialogue and cooperation with China. She also said it is unthinkable to see a presidential candidate who would say no to stable cross-strait relations.
During a brief press conference in Taipei, Wang said that she is true Taiwanese and only stable and prosperous cross-strait cooperation can create a good environment for Taiwan's business innovation. She said she cannot not understand that some voters in the country believe the current cooperation across the Taiwan Strait would be able to continue without the 1992 Consensus. As an entrepreneur, Wang said Taiwan needs a honest leader who can sustain peaceful development of cross-strait relations.
The 1992 Consensus refers to an agreement reached between Taiwan and China that there is one China, with each side free to maintain their own interpretation of this term. The consensus has formed the foundation of renewed dialogue with China under the Ma Ying-jeou administration since 2008, during which time several landmark deals have been signed between the two sides. The consensus is rejected however by the main opposition Democratic Progressive Party, who say it was reached without a democratic process.
DPP spokesman Chen Chi-mai said it is understandable that Wang would come out in favor of Ma, considering the scale of her business in China. He said however that it is the place of the people of Taiwan, not big business, to decide the future president. Chen said Wang had declared HTC a Chinese company instead of Taiwanese, leading people in Taiwan to question her loyalties.
Wang is the daughter of the late Formosa Plastics Group chairman Wang Yung-ching. Forbes magazine last year ranked her as the wealthiest individual in Taiwan, with an estimated personal fortune of US$8.8 billion.
Cher Wang 王雪紅