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Taiwan Tati Cultural and Educational Foundation

DPP seeks act to regulate party assets


Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen, third right, and other party members hold up signs calling for a political party act at DPP headquarters in Taipei yesterday.
Photo: CNA

The Democratic Progressive Party’s (DPP) Central Standing Committee yesterday adopted a resolution aimed at regulating political party assets, while prohibiting parties to run businesses, specifically targeting the Chinese Nationalist Party (KMT).

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Beware China’s economic invasion

China used to call the investments and marketing activities of its multinational corporations in other nations an “economic invasion.” However, the real economic invasion is the current international expansion of Chinese corporations, with the Chinese government pulling the strings behind private businesses.

Alibaba Group Holding Ltd chairman Jack Ma’s (馬雲) recent acquisition of Hong Kong’s South China Morning Post Publishers Ltd is considered by some to be an attempt to help Beijing improve its image.

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The ball and chain of the KMT assets

The Chinese Nationalist Party (KMT) is the world’s wealthiest political party. Having money is no sin, but the KMT’s wealth stems from assets seized from the departing Japanese colonial government, money siphoned from government coffers during an era when the KMT ruled as a one-party state and from confiscated private property. The KMT has long faced criticism over issue.

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Democracy and Taiwan’s identity

In less than a month, Taiwanese are to head to the polls to democratically elect both a new president and new members of the Legislative Yuan. As they prepare to make the important choice of who is to rule their nation over the next four years, there are questions they must ask. What makes their nation a nation? What brings the people together?

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Newsflash

Former US representative Tom Tancredo visited former president Chen Shui-bian (陳水扁) in hospital yesterday and expressed his concerns about Chen’s health.

A former representative from Colorado, Tancredo, 66, arrived in Taipei late on Thursday and visited Chen at the Taipei Veterans General Hospital, accompanied by former Democratic Progressive party (DPP) legislator Chai Trong-rong (蔡同榮).