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China could ‘crash’ this year, top investor warns

Tuesday, 04 May 2010 07:37 Taipei Times

Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.

The Shanghai Composite Index has failed to regain last year’s high while industrial commodities and shares of Australian resource exporters are acting “heavy,” Faber said. The opening of the World Expo in Shanghai last week is “not a particularly good omen,” he said, citing a property bust and depression that followed the 1873 World Exhibition in Vienna.

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‘Formosa Betrayed’ set for Taiwan release in August

Sunday, 02 May 2010 09:52 Taipei Times

Formosa Betrayed, the first US-made movie devoted to a storyline set during the White Terror era, is scheduled for theatrical release in Taiwan by Sky Digi Entertainment Co this August, the film’s producer said.

“Since before the movie was completed, thousands of fans have wondered when it would be released in Taiwan. Now, we are excited to announce that the film is scheduled to be in Taiwanese theaters beginning the weekend of August 6, 2010,” Taiwanese-­American filmmaker William Tiao (刁毓能) said in an open letter issued on Friday.

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Newsflash


Security personnel block objects thrown by protesters while President Ma Ying-jeou, fourth from right, gives a speech to mark Human Rights Day at the Jingmei Human Rights Memorial and Cultural Park in New Taipei City’s Sindian District yesterday.
Photo: Liao Chen-hui, Taipei Times

President Ma Ying-jeou (馬英九) and Minister of Culture Lung Ying-tai (龍應台) joined victims of the White Terror era on Human Rights Day yesterday to take part in events at the Jingmei Human Rights Memorial and Cultural Park in New Taipei City’s (新北市) Sindian District (新店).

About 170 victims of the White Terror era from across the country gathered to mark the day, observed every year around the world, with Aboriginal music and dancing performed by family members of the victims.