Log in

Thousands march in streets in Taiwan against US pork imports

Sunday, November 22, 2020 | The Associated Press

TAIPEI, Taiwan (AP) — Thousands of people marched in Taipei's streets on Sunday demanding the reversal of a decision to allow U.S. pork imports into Taiwan, alleging food safety issues.

President Tsai Ing-wen's administration lifted a long-standing ban on U.S. pork and beef imports in August, in a move seen as one of the first steps toward possibly negotiating a bilateral trade agreement with the U.S. The ban is due to be lifted in January.

That decision has met with fierce opposition, both by the opposition Kuomintang party and individual citizens. The new policy allows imports of pork with acceptable residues of ractopamine, a drug added into animal feed that promotes the growth of lean meat that some farmers use in pigs.

The drug is banned by the European Union, but is legal in the United States.

Demonstrators marched in front of the Presidential Office Building as part of an annual labor march.

“I came here today to oppose the import of ractopamine," said Kelvin Chen, a 54-year-old computer engineer who was marching. "I feel these days many who do business are not ethical. If they mix the U.S. pork with Taiwan pork and then sell it to us average consumers, we as individuals have no way to know the source of the pork.”

“I have a child and when we eat things with ractopamine, it's not good for our bodies,” said Jacky Tsui, a 37-year-old factory worker. “I hope the government can see that we citizens oppose this.”

Associated Press videojournalist Taijing Wu contributed reporting.


15 Technology Stocks that Analysts Love

There are more than 1,100 technology companies traded on public markets in the United States. Given the sheer number of hardware makers, social networks, software companies, service providers and other tech stocks, it can be hard to identify which tech companies are going to outperform the market.

Fortunately, Wall Street's brightest minds have already done this for us. Every year, analyst issue approximately 15,000 distinct recommendations for technology companies. Analysts don't always get their "buy" ratings right, but it's worth taking a hard look when several analysts from different brokerages and research firm are giving "strong buy" and "buy" ratings to the same tech stock.

This slide show lists the 15 technology companies that have the highest average analyst recommendations from Wall Street's equities research analysts over the last 12 months.

View the "15 Technology Stocks that Analysts Love".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.