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Taiwan Tati Cultural and Educational Foundation

Wu stands by sexist epithet for Tsai

Taipei Times

Chinese Nationalist Party (KMT) Chairman Wu Den-yih, right, speaks at a rally for KMT presidential candidate Han Kuo-yu at the Armed Forces Club in Taipei on Tuesday.
Photo copied by Wang Shu-hsiu, Taipei Times

Chinese Nationalist Party (KMT) Chairman Wu Den-yih (吳敦義) yesterday defended calling President Tsai Ing-wen (蔡英文) an “ill-starred woman” (衰尾查某, literally “droopy-tailed woman”) on Tuesday, despite criticism from politicians across party lines.

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Beijing fueling anti-China sentiment

Taipei Times Editorial

With the Jan. 11 elections right around the corner, public anger toward China has been running high due to a couple of attempts this week by Beijing to oppress Taiwanese. China has long meddled in Taiwan’s affairs and has gotten its way in many high-profile debacles over the past few years, but this time, both incidents ended in Taiwan’s favor.

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Chinese product boycott necessary

Taipei Times Editorial

US Representative Ted Yoho on Tuesday last week called on US citizens to boycott Chinese products for human rights, citing Beijing’s oppression of Hong Kong, Xinjiang, Tibet and Taiwan. In a House committee hearing commemorating International Human Rights Day, Yoho correctly pointed out that the oppression only went unanswered because of China’s economic dominance.

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Sweden, Taiwan hold first climate meeting in Madrid

Taipei Times

Environmental Protection Administration Minister Chang Tzi-chin, left, shakes hands with Mattias Frumerie, head of Sweden’s delegation to the 25th Conference of the Parties, on the sidelines of the conference in Madrid on Thursday.
Photo courtesy of the Representative Office of Taiwan in Sweden via CNA

Sweden on Thursday held its first bilateral talks on climate change with Taiwan at the 25th Conference of the Parties (COP25) in Madrid.

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Page 416 of 1528

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.