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Chinese military threat on the rise: foreign minister


A Republic of China Air Force F-16 (top) shadows a Chinese People’s Liberation Army Air Force H-6 bomber over the Bashi Channel on Feb. 10.
Photo courtesy of the Ministry of Defense via CNA

China is stepping up its military preparedness to overtake Taiwan, Minister of Foreign Affairs Joseph Wu (吳釗燮) said yesterday, following a spike of Chinese drills near the nation.

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Huawei at legislature, military: report


Solar panels are pictured on the rooftop of the Legislative Yuan’s Zhengjiang House in Taipei yesterday.
Photo: Peng Wan-hsin, Taipei Times

A Republic of China (ROC) Military Academy project to install solar panels on its campus has reportedly been subcontracted to a company that is affiliated with China’s Huawei Technologies Co (華為), which was also found to have installed solar panels atop a building at the Legislative Yuan in Taipei, sparking concern over national security.

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Page 267 of 1495

Newsflash

China yesterday raised the proportion of deposits that banks must hold in reserve in the clearest sign yet that it has started to tighten monetary policy with its economy roaring back to the brink of overheating.

The 0.5 percentage point increase in the reserve requirement ratio (RRR) will take effect on Monday and will apply to all banks apart from rural credit cooperatives, the People’s Bank of China said on its Web site.