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Worshiping the Taiwanese Divinities

All articles shown in this category are translated by Leo Wang, member of Tati Youth Volunteer Corps, directly from the book, Taiwanese People Worshiping the Taiwanese Divinities, Rejecting to be a Rootless People by Dr. Yang Hsu-Tung, Chairman of Taiwan Tati Cultural and Educational Foundation.

After the Red Tide, Let's Discuss a Prescription For It

Tuesday, 14 April 2009 12:34 Dr. Hsu-Tung Yang & translated by Leo Wang

The current social unrests caused by Taiwan’s “red guards” (Red Shirt Armies) originate from KMT old guards’ faction pouncing back.  They want indulge in the old status quo as well as the unrighteous and unjustified spoils derived from such ancient regime.  Their distrusting of Taiwanese people is simply the voodoo of one-party national education based on the Greater China chauvinism.  The deficiency of education about democracy in Taiwan also aggravates this cohort’s apprehensive and panic state of mind.

My personal analysis on pathology of Taiwan’s current situation from the medical professional’s viewpoint:

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Newsflash

Data released by the Chinese National Bureau of Statistics on Friday showed that China’s GDP growth slowed to 6.5 percent in the third quarter, the lowest since early 2009. China’s growth faces increasing pressure from the US-China trade war, Beijing’s financial deleveraging and property curbs, the US Federal Reserve’s interest rate hikes and a weakening yuan that is prompting capital outflows.

The People’s Bank of China has lowered its reserve requirement ratio four times to encourage lending and has urged banks to increase lending to cash-starved small companies, but Chinese media have reported that banks’ loan requirements for small firms and private companies remain stringent, and further reserve requirement reduction is expected.