Focus Taiwan
Date: 2018/11/12
By: Shih Hsiu-chuan

Taipei, Nov. 12 (CNA) Taiwan will propose initiating bilateral or multilateral

Morris Chang (張忠謀, right)

talks under the Asia Pacific Economic Cooperation (APEC) framework to address digital challenges, Morris Chang (張忠謀), founder of Taiwan Semiconductor Manufacturing Co., said Monday.

While a digital economy holds much promise for the future, the “digital presence” is characterized by “clear and present dangers” that will widen income inequality and result in mass unemployment, said Chang, who will represent Taiwan at this year’s APEC summit.

The problems that have arisen in the digital age, such as lack of respect for intellectual property, high tariffs and lack of protection for privacy, need to be dealt with under the aegis of APEC, Chang said at a press conference.
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