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Draft bill to ban Chinese R&D offices


A 100 yuan note is pictured in an illustration photograph on May 31, 2017.
Photo: Reuters

The Ministry of Economic Affairs yesterday announced a draft bill that would ban Chinese-funded companies from operating research and development (R&D) offices in Taiwan, while toughening rules governing Chinese for-profit businesses establishing subsidiaries in the nation.

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NATO highlights Chinese challenges


NATO Secretary General Jens Stoltenberg speaks during a press conference at a NATO summit in Madrid yesterday.
Photo: Reuters

NATO has for the first time singled out China as one of its strategic priorities for the next decade, warning about its growing military ambitions, confrontational rhetoric toward Taiwan and other neighbors, and increasingly close ties to Russia.

In Taipei, the Ministry of Foreign Affairs (MOFA) yesterday said it appreciates the alliance’s global vision in facing up squarely to the systemic challenges posed by China.

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Page 135 of 1491

Newsflash


Lawyer and Chinese Nationalist Party (KMT) member George Wang yesterday prepares to file a lawsuit with the Taipei District Prosecutors’ Office over the unexplained loss of value of the party’s assets.
Photo: Chien Li-chung, Taipei Times

George Wang (王可富), lawyer and former legal consultant to Ma Ho-ling (馬鶴凌), yesterday filed suit against 13 elite members of the Chinese Nationalist Party (KMT) — including President Ma Ying-jeou (馬英九) — accusing them of breach of trust and embezzling NT$200 billion (US$6.3 billion) worth of party assets.

“Ma Ying-jeou is behind the unexplained depreciation of party assets,” Wang said as he filed the suit with the Taipei District Prosecutors’ Office.