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Chen found not guilty in bribery trial

Citing insufficient proof, the Taiwan District Court yesterday acquitted former president Chen Shui-bian (陳水扁) and his wife, Wu Shu-jen (吳淑珍), of charges that they laundered money and took bribes from bankers in exchange for help manipulating bank mergers.

Nineteen co-defendants were also cleared of charges of money laundering, breach of trust and insider trading because of a lack of proof, Judge Chou Chan-chun (周占春) said yesterday afternoon.

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Republican win good for Taiwan: FAPA

Major Republican victories in the US midterm elections could leave Taiwan in a strong political position on Capitol Hill, a Taiwan lobby organization said.

With Republicans capturing 60 seats to take control of the House of Representatives and the Democrats managing to hang on to the Senate by a narrow majority, power is now divided in Washington. As a result, Taiwan’s supporters in Congress are expected to have increased freedom to speak out on controversial issues, such as arms sales, free trade and a place for Taiwan within international organizations.

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Newsflash

If influence in the Indo-Pacific region is one of the US’ core interests, then Taiwan serves as a cornerstone of US economic and security influence in the region, former US Indo-Pacific Command commander admiral Phillip Davidson said on Thursday.

“China’s ... strategy is to supplant the US leadership role in the international order ... and they’ve long said ... that they intend to do that by 2050,” Davidson told the National Review Institute’s Ideas Summit in Washington.

Davidson said he had previously told US Senate hearings on China’s military activities and possible threats in the Indo-Pacific region that a Chinese invasion of Taiwan could happen within the next 10 years, or even the next six years.