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Breaking: Tibet continues to burn, Man sets self on fire

DHARAMSHALA, November 18: In more alarming reports coming out of Tibet, another Tibetan passed away in his self-immolation protest yesterday evening in an apparent protest against China’s rule.

Sangdag Tsering, 24, set himself on fire in front of a local Chinese government office in Dokar Mo town in the Rebkong region of eastern Tibet at around 7 pm (local time). Tsering, father of a three-year-old son, passed away at the site of his protest.

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Taiwanese businessman misled by Chinese bank

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.

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Newsflash

Former vice president Annette Lu (呂秀蓮) and former Presidential Office secretary-general Yu Shyi-kun (游錫堃) were found not guilty by the Taipei District Court yesterday of using fraudulent receipts to claim state affairs funds during their stint in the Presidential Office.

The Taipei District Court said that given their positions in the government, Lu and Yu were busy with public affairs and left using receipts to claim fund reimbursements to their aides.