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Health minister resigns over premium dispute

Department of Health Minister Yaung Chih-liang (楊志良) tendered his resignation in a shock move yesterday, saying he could not fulfill Premier Wu Den-yih’s (吳敦義) request that 75 percent of the insured be exempted from a proposal to increase national health insurance premiums.

Wu rejected Yaung’s resignation late last night, however. Executive Yuan spokesman Johnny Chiang (江啟臣) said the premier hoped Yaung would stay in the position.

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China sees bank risks in local-government financing

Chinese central bank Governor Zhou Xiaochuan (周小川) said that local-government financing vehicles using land as collateral may pose risks for the nation’s banks.

“When land prices rise, there may be over-valuation of land,” Zhou said at a press briefing in Beijing yesterday. “In the future, if land prices fall, there may be a difference in the assessment of the loan.”

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Newsflash

Dolma Kyab, 32, was sentenced to death by a Chinese court for allegedly killing his wife on March 11 but exile Tibetans say his wife immolated self on March 13, 2013, in protest against Chinese rule

DHARAMSHALA, AUGUST 17: An Intermediate court in Tibet’s Ngaba region has sentenced a Tibetan man to death for allegedly killing his wife who the exile Tibetans say had died five months back after setting herself on fire in protest Chinese rule.

The Chinese state run media cited a court ruling that says Dolma Kyab, 32, from Zoege County had strangled his wife, Kunchok Wangmo to death on March 11 this year following an argument over “drinking problem”. However, reports
published earlier in March on this site indicate that Kunchok Wangmo, 31, set herself on fire on the eve of Xi Jinping’s formal selection as the new President of China to protest Chinese rule in Tibet and to call for the return of the exiled Tibetan leader the Dalai Lama to Tibet.