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Smell of burning causes evacuation of Taipei MRT train

Around 250 passengers aboard a northbound train on Taipei’s Wenshan-Neihu MRT line were evacuated yesterday after staff at Nanjing East Road station detected a burning odor coming from cars.

The incident occurred at 8:29am when the train was at Nanjing East Road station.

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Central bank wants investment curbs

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.

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Newsflash

An expert on cross-strait relations yesterday emphasized the need for openness and transparency, as well as for the ruling and opposition parties to reach a consensus in formulating government policy on relations with China.

“There should not be secrecy ... there should be a broad national debate, and nothing should be done until a consensus of both parties is reached about what the ultimate goals are,” said Arthur Waldron, an international relations professor at the University of Pennsylvania.