Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Taiwan’s economy on the upswing

With only two months remaining before next year’s presidential election, more negative views of Taiwan’s economic growth and social development are coming from the Chinese Nationalist Party (KMT), even though Taiwanese stocks have continued rising, exceeding 11,500 points last week, and the nation’s GDP growth has been surpassing expectations and may outpace regional trade rivals this year.

Taiwan’s economic development is moving in the right direction, as the US-China trade dispute has been a wake-up call, and the Democratic Progressive Party (DPP) government has responded with efforts to entice companies away from China to invest in Taiwan.

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HK protesters vandalize subway, mall


A protester kicks away a tear gas canister as demonstrators and police clash outside a shopping mall in Hong Kong yesterday.
Photo: AP

Protesters yesterday smashed windows in a subway station and a shopping mall, and police made arrests across Hong Kong amid anger over a demonstrator’s death and the arrest of pro-democracy lawmakers.

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Thousands mourn student as HK lawmakers arrested


People observe a moment of silence at a vigil for Alex Chow in Hong Kong yesterday. Photo: AP

Tens of thousands of Hong Kongers last night packed into a park to mourn a student who died during clashes last week as police arrested a group of pro-democracy lawmakers.

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US and Australia too late on Pacific

In his book Pivot, former US assistant secretary of state for East Asia and the Pacific Kurt Campbell says that the US has overlooked the South Pacific and failed to see its geostrategic relationship to the US defense posture in Asia.

The US has moved from the “pivot” toward Asia to the “Indo-Pacific strategy,” making the geostrategic importance of the region all the more significant — and one, similar to World War II Japan, that China sees as crucial to its defense.

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Newsflash

Uni-President Enterprises Corp (統一企業) interim spokesman Tu Chung-cheng (涂忠正) yesterday confirmed that the company in 2012 used 47 tonnes of coconut oil intended for animal feed.

Tu said Uni-President bought the animal feed-grade products from its oil and fat-producing subsidiary, President Nisshin Corp (統清), and used them from Aug. 20, 2012, to Oct. 31, 2012. He said President Nisshin procured the problematic products from Ting Hsin Oil and Fat Industrial Co (頂新製油實業), which in turn had imported them from Vietnam-based oil manufacturer Dai Hanh Phuc Co (大幸福).