Taiwan Tati Cultural and Educational Foundation

Chen’s son withdraws from DPP

Taipei Times

Former president Chen Shui-bian’s (陳水扁) son yesterday withdrew from the Democratic Progressive Party (DPP) and announced he would run for Greater Kaohsiung city councilor as an independent.

Chen Chih-chung (陳致中) declared his intention to run in the year-end elections earlier in the week. His formal announcement yesterday came in the wake of the Taiwan High Court’s ruling on Friday rejecting Chen Shui-bian’s appeal of his conviction on corruption, forgery and money laundering charges. However, sentences and fines were reduced in the second trial for Chen Shui-bian, his wife Wu Shu-jen (吳淑珍) and six other defendants including Chen Chih-chung.

When USSR Disintegration Meets Japan's Lost Decade

Leo Wang

In one word – China.

The recent international media's reporting on suicides and labor unrest at the 400,000 employee Foxconn factory near Shenzhen got me thinking. Here are some gathered notes and musings:

Foxconn raises could change China

Taipei Times Editorial

Hon Hai Group (鴻海集團) has announced two salary raises in a week for its Foxconn plant in Shenzhen, resulting in a total raise of 122 percent. The event has shaken the Taiwanese stock market, shocked Taiwanese businesspeople along the southern China coast and changed the environment for China’s export-oriented processing industry. Many Taiwanese investors and other foreign businesspeople now worry that the era when China was a low-cost paradise has come to an end with Hon Hai’s massive salary increases.

Japan's new government and Taiwan's opportunity

Taiwan News Editorial

Japan's political environment underwent yet another virtual earthquake in the past week with the departure of Democratic Party of Japan prime minister Hatoyama Yukio after less than nine months in office and his replacement as DPJ president and prime minister by his former deputy prime minister and finance minister Kan Naoto Tuesday.

Hatoyama had entered office last September on a wave of popular expectations after the centrist DPJ swept last August's Diet lower house elections and ended over two decades of consecutive conservative Liberal Democratic Party rule.

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