Taiwan Tati Cultural and Educational Foundation

Caution on battling speculation

Taipei Times

Most monetary policymakers view a sudden resurgence in capital inflow with a wary eye amid concerns that speculative funds may have found their way into the system, leading to currency instability and asset price bubbles. In Taiwan, a press statement released by the central bank on Thursday, citing excerpts on capital controls and financial stability, suggests that the bank now considers foreign speculative funds its No. 1 target.

... and justice for none

Taipei Times

And so it goes on.

The Supreme Court, rightfully irritated by the arguments of the Taiwan High Court that have kept former president Chen Shui-bian (陳水扁) in detention while his appeal is prepared, returns the case to the lower court, demanding a better explanation.

Taiwan and China

PHILIP BOWRING

HONG KONG — Taiwan’s position as a de facto independent state seems to be morphing very slowly toward the “one country, two systems” status of Hong Kong. The process is not irreversible but the sentiments of those of mainland origin in the governing Nationalist Party, along with the self-interest of business groups and a widespread sense of economic vulnerability are all pushing the island toward accommodation with Beijing.

China’s rise has dangers all around

Sushil Seth

China’s rulers put on a big show to celebrate the 60th anniversary of their revolution. But the show was not open to the people of the People’s Republic of China (PRC), except on TV screens.

Beijing residents with houses and balconies with a view of the parade were barred from looking out. Nearby hotels were barred from accepting guests. This says a lot about the regime that doesn’t trust its own people while celebrating the country’s achievements over a 60-year period. What are they afraid of?

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