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Chen’s office asks public for small donations

The office of former president Chen Shui-bian (陳水扁) yesterday announced belt-tightening measures and asked for public donations to sustain its daily operations until February after a recent amendment revoked Chen’s perks as a former head of state.

Chen Sung-shan (陳淞山), manager of Chen’s office, said it would continue to operate despite the financial difficulty. To sustain the NT$540,000 (US$16,800) monthly expenses, he said the office would implement austerity measures to cut costs.

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Key IT firm may be China-owned

An information technology company that provides key systems software for much of the country’s financial institutions is alleged to have been bought by a major China-based investor, an opposition legislator said.

The purchase has raised questions among Democratic Progressive Party (DPP) lawmakers on just how much of Taiwan’s sensitive financial data may have flown across the Taiwan Strait to Chinese companies.

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Newsflash

An article in the current issue of the influential Foreign Affairs magazine argues that to avoid military competition between the US and a rising China, Washington should consider making concessions to Beijing, including the possibility of backing away from its commitment to Taiwan.

In the article, titled “Will China’s Rise Lead to War? Why Realism Does Not Mean Pessimism,” Charles Glaser, a professor of political science and international affairs and director of the Institute for Security and Conflict Studies at George Washington University’s Elliott School of International Affairs, argues that the rise of China will be “the most important international relations story of the twenty-first century.”