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Thousands protest Chen's detention

Former president Chen Shui-bian’s (陳水扁) mother yesterday said at a protest against his detention that she was saddened by the fact that for the past two years her son has been unable to call her on Mother’s Day.

Chen Lee Shen (陳李慎) came to Taipei from Tainan to join a sit-in rally on Jinan Road calling for Chen’s release that was organized by various pro-localization groups, including some Democratic Progressive Party officials from southern Taiwan.

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China could ‘crash’ this year, top investor warns

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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Newsflash


Service personnel from the navy’s first minelaying squadron are pictured in an undated photograph during training at Kaohsiung’s Zuoying naval base.
Photo courtesy of the Military News Agency

China’s sovereignty claim over the Taiwan Strait is false, the Ministry of Foreign Affairs said yesterday, adding that the only waters a country has full sovereignty over are the 12 nautical miles (22km) around its territory.

Ministry spokeswoman Joanne Ou (歐江安) reiterated that the government considers the Taiwan Strait to be international waters, except for the 12-nautical-mile strip defined as territorial waters.