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Breaking: Tibet continues to burn, Man sets self on fire

DHARAMSHALA, November 18: In more alarming reports coming out of Tibet, another Tibetan passed away in his self-immolation protest yesterday evening in an apparent protest against China’s rule.

Sangdag Tsering, 24, set himself on fire in front of a local Chinese government office in Dokar Mo town in the Rebkong region of eastern Tibet at around 7 pm (local time). Tsering, father of a three-year-old son, passed away at the site of his protest.

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Taiwanese businessman misled by Chinese bank

A Taiwanese businessman investing in China was shocked when he found that a 50 million yuan (US$8 million) loan he applied for from the China Construction Bank (CCB) more than a year ago actually went into a unrelated business in China and was used as collateral for another 90 million yuan loan.

The 73-year-old Chen Hsi-so (陳細鎖) said that on the recommendation of a friend, he opened a lime absorbent plant in Wuping District, Longyan, in China’s Fujian Province last year, and applied for a 50 million yuan loan from CCB’s branch in Wuping.

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Newsflash

More than 70 percent of Taiwanese fear that President Ma Ying-jeou’s (馬英九) policies will lead the nation toward becoming a “second Hong Kong,” and just 10 percent view China in a favorable light, a survey released yesterday by the Taiwan Brain Trust found.

The think tank’s president, Wu Rong-i (吳榮義), said that more than 70 percent of respondents regard Taiwan as an independent country.