1992 Consensus is ‘sheer nonsense’: Taiwan-born UMC founder

Singaporean tycoon Robert Tsao calls for referendum to settle unification issue once and for all

Taiwan News
Date: 2019/12/28
By: Sophia Yang, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — The belief that "the island of Taiwan is an inherent part of China" is "sheer nonsense" and does no good to the pursuit of cross-strait peace, according to Robert Tsao (曹興誠), the founder and former chairman of United Microelectronics Corp. (UMC) on Wednesday (Dec. 25) at a forum promoting peaceful relations across the Taiwan Strait.

The Taiwan-born Singaporean business tycoon also bluntly criticized the idea of forced unification with Taiwan as well as the "1992 Consensus" mantra embraced by Kuomintang (KMT) politicians, including presidential candidate Han Kuo-yu (韓國瑜).

Tsao ridiculed the "1992 Consensus," the term coined by former Taiwanese National Security Council chief Su Chi (蘇起) in 2000 that is tantamount to the "one China, two systems" formula, as both sides of the strait have different interpretations of the term. Tsao asked what the point of it is if the two sides never reach a genuine consensus.    [FULL  STORY]