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Activists occupy legislative floor


Hundreds of student protesters against a China-Taiwan trade pact surround the legislature in Taipei for a second day yesterday.
Photo: Taipei Times

Despite attempts by the police to retake the legislative chamber yesterday, hundreds of demonstrators — mainly student activists — continued the occupation they began late on Tuesday night to protest the cross-strait trade pact, while thousands more outside the Legislative Yuan kept the building under siege.

“Reject the service trade pact! Reopen the negotiations! Defend our democracy!” about 2,500 protesters — within and outside the legislative chamber — chanted during the day.

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Students issue statement

The hundreds of students and demonstrators occupying the legislative chamber have issued a statement detailing their stance against the cross-strait service trade pact, stressing a demand for a fair and competitive future for young Taiwanese.

“We do not want to see young people still living on a NT$22,000 salary [a subsidization policy implemented by the government that gives NT$22,000 to university graduates as a starting salary] 10 years from now,” the statement read.

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Newsflash

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.