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DPP decries retired general’s comments


National Security Bureau Director-General Chen Ming-tong addresses a meeting of the legislature’s Foreign and National Defense Committee in Taipei yesterday.
Photo: CNA

Democratic Progressive Party (DPP) lawmakers yesterday expressed outrage after a retired army general had on Tuesday implied that China has the right to fly warplanes over Taiwan’s air defense identification zone (ADIZ).

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DPP lawmaker admits being a KMT informant


Democratic Progressive Party Legislator Huang Kuo-shu speaks at the legislature in Taipei in an undated photograph.
Photo: Hsieh Chun-lin, Taipei Times

Democratic Progressive Party (DPP) Legislator Huang Kuo-shu (黃國書) yesterday said he would leave the party and would not seek re-election, as he confirmed a report that he worked as an informant for the Chinese Nationalist Party (KMT) authoritarian regime when he was a student.

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Page 183 of 1491

Newsflash

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.