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Taiwan Tati Cultural and Educational Foundation

Groups mark massacre with warning


National Tsing Hua University associate professor on sociology Chen Ming-chi, front row second left, Democratic Progressive Party Legislator Fan Yun, front row center, New School for Democracy chairman Tseng Chien-yuan, front row second right, New Power Party Legislator Chen Jiau-hua, front row right, and others participate in an online forum organized yesterday by the New School for Democracy to discuss China’s expanding totalitarianism in Hong Kong.
Photo: Liao Chen-huei, Taipei Times

Human rights advocates yesterday cautioned the global community against China’s expanding totalitarianism in Hong Kong and elsewhere, as they marked the 31st anniversary of the Tiananmen Square Massacre.

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Refugee act would help define nation

Mainland Affairs Council Minister Chen Ming-tong (陳明通) on Thursday said that the government had received asylum applications from at least 200 Hong Kongers as Beijing seeks to ram through a national security bill for the territory.

President Tsai Ing-wen (蔡英文) has said that there is no need to introduce refugee legislation to offer Hong Kongers asylum, while Premier Su Tseng-chang (蘇貞昌) has said the Act Governing Relations With Hong Kong and Macau (香港澳門關係條例) does not need to be amended to deal with such requests.

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‘Taiwan Dream’ vs ‘China Dream’

President Tsai Ing-wen (蔡英文) in her inaugural address on May 20 firmly said: “We will not accept the Beijing authorities’ use of ‘one country, two systems’ to downgrade Taiwan and undermine the cross-strait status quo.”

The Chinese government was not too happy, and later that day, an opinion piece on the Web site of China’s state broadcaster China Central Television said: “While Tsai’s first inaugural address four years ago was read by Beijing as an ‘unfinished answer sheet,’ the one she presented this time was even more below-par.”

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MND to purchase US missile system


Deputy Minister of National Defense Chang Che-ping speaks at a meeting of the legislature’s Foreign Affairs and National Defense Committee in Taipei yesterday.
Photo: CNA

The Ministry of National Defense (MND) yesterday confirmed media reports that it plans to purchase coastal defense cruise missile (CDCM) systems from the US, saying that they could be delivered by 2023, should Washington agree to sell.

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Newsflash

China’s local government debt may be 3.5 trillion yuan (US$540 billion) larger than auditors estimated, potentially putting banks on the hook for deeper losses that could threaten their credit ratings, Moody’s said yesterday.

Moody’s reviewed a report released by China’s state auditor last week, which found that local governments had chalked up 10.7 trillion yuan of debt. Moody’s said it identified more loans funded by banks after accounting for discrepancies in figures given by various Chinese authorities.

Investors worry the pile of loans, about half of which were racked up during a 2008 stimulus spending binge, could destabilize the Chinese economy in the long run. If banks have to absorb heavy losses, it could restrict lending.