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NDF used to help China infiltrate firms, NPP says


New Power Party Executive Chairman Huang Kuo-chang shows a chart during a news conference in Taipei yesterday during which the party alleged that the National Development Fund might have been used to help Chinese state-owned companies infiltrate Taiwanese businesses.
Photo: Liao Chen-huei, Taipei Times

The National Development Fund (NDF) might have been used to help Chinese state-owned companies infiltrate Taiwanese businesses, the New Power Party (NPP) said yesterday.

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League received millions for boat races: lawmaker

The National Women’s League received NT$3.58 million (US$119,325) in funding over the decade to 2016 for an annual dragon boat race held in Washington, Democratic Progressive Party (DPP) Legislator Lai Jui-lung (賴瑞隆) said.

The league each year applied to the Ministry of Foreign Affairs and the Overseas Community Affairs Council for funding for the event, despite having tens of billions of New Taiwan dollars in assets, Lai said.

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Newsflash

China has been the main obstacle preventing the EU from opening negotiations with Taiwan over a deal on trade facilitation, despite “overwhelming backing” in the European parliament for the bid, a visiting member of the European Parliament said yesterday.

The European Parliament as a whole is very supportive of the EU signing a free-trade agreement or an economic cooperation agreement with Taiwan and wants to see negotiations start as soon as possible, said Martin Callanan, chairman of the European Conservatives and Reformists group in the parliament.