Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Sovereignty of nations

Deputy Legislative Speaker Hung Hsiu-chu (洪秀柱) sparked controversy when she said that she could not say that the Republic of China (ROC) exists. Though she later played down the comment, she actually pointed out something essential in cross-strait relations — maybe it is time for Taiwan and China to recognize each other as sovereign nations.

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Safeguarding Taiwan’s democracy

At the recently concluded US-China Strategic and Economic Dialogue (S&ED) in Washington, top US officials rebuked China’s behavior in cybertheft and demanded that China terminate its island-building in the South China Sea, which has heightened tensions in the region.

At the opening of the meetings on June 23, US vice president Joe Biden said that China was not a “responsible competitor” in cyberspace.

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Pentagon sees risk of war increasing

The Pentagon this week updated its National Military Strategy for the first time in four years, warning that the probability of a major war was growing.

“Today’s global security environment is the most unpredictable I have seen in 40 years of service,” US Joint Chiefs of Staff Chairman General Martin Dempsey wrote in his introduction to the strategy document.

While Taiwan is not mentioned, the document references scenarios that could involve the nation.

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Ma aids China’s annexation dream

President Ma Ying-jeou’s (馬英九) administration suffers from a contradictory mental state, a personality split that trumpets upholding Taiwan’s national interests and dignity, while its actions over the past seven years belie its words.

The latest evidence is the Ma government’s bid to join the China-led Asian Infrastructure Investment Bank (AIIB).

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Newsflash

Data released by the Chinese National Bureau of Statistics on Friday showed that China’s GDP growth slowed to 6.5 percent in the third quarter, the lowest since early 2009. China’s growth faces increasing pressure from the US-China trade war, Beijing’s financial deleveraging and property curbs, the US Federal Reserve’s interest rate hikes and a weakening yuan that is prompting capital outflows.

The People’s Bank of China has lowered its reserve requirement ratio four times to encourage lending and has urged banks to increase lending to cash-starved small companies, but Chinese media have reported that banks’ loan requirements for small firms and private companies remain stringent, and further reserve requirement reduction is expected.