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Financial MOU to be inked soon: Wu

A memorandum of understanding (MOU) on financial supervisory cooperation between Taiwan and China could be signed next week at the earliest, Premier Wu Den-yih (吳敦義) said in an interview with the Central News Agency (CNA) yesterday.

Signing the MOU is a “necessity” for Taiwan and China because it would be beneficial to cross-strait cooperation in the financial sector, Wu said, adding that there was “no doubt about that.”

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China executes nine convicted over Xinjiang unrest

China said yesterday it had put to death nine people over deadly ethnic unrest in Xinjiang, the first executions since the violence erupted in July.

Authorities convicted 21 defendants last month — nine were sentenced to death, three were given the death penalty with a two-year reprieve, a sentence usually commuted to life in jail, and the rest were handed various prison terms.

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Newsflash

The The Mainland Affairs Council (MAC) yesterday urged the public not to use People’s Republic of China (PRC) passports because it puts them at risk of losing the rights and benefits they have as Republic of China (ROC) citizens.

The council statement followed a report by Hong Kong-based Super Media on Friday that China might launch a pilot program to issue passports for people living in what it describes as the “Taiwan Special Administrative Region” (SAR) as part of its efforts to “solve the Taiwan problem.”