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Taiwan Tati Cultural and Educational Foundation

DPP seeks act to regulate party assets


Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen, third right, and other party members hold up signs calling for a political party act at DPP headquarters in Taipei yesterday.
Photo: CNA

The Democratic Progressive Party’s (DPP) Central Standing Committee yesterday adopted a resolution aimed at regulating political party assets, while prohibiting parties to run businesses, specifically targeting the Chinese Nationalist Party (KMT).

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Beware China’s economic invasion

China used to call the investments and marketing activities of its multinational corporations in other nations an “economic invasion.” However, the real economic invasion is the current international expansion of Chinese corporations, with the Chinese government pulling the strings behind private businesses.

Alibaba Group Holding Ltd chairman Jack Ma’s (馬雲) recent acquisition of Hong Kong’s South China Morning Post Publishers Ltd is considered by some to be an attempt to help Beijing improve its image.

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The ball and chain of the KMT assets

The Chinese Nationalist Party (KMT) is the world’s wealthiest political party. Having money is no sin, but the KMT’s wealth stems from assets seized from the departing Japanese colonial government, money siphoned from government coffers during an era when the KMT ruled as a one-party state and from confiscated private property. The KMT has long faced criticism over issue.

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Democracy and Taiwan’s identity

In less than a month, Taiwanese are to head to the polls to democratically elect both a new president and new members of the Legislative Yuan. As they prepare to make the important choice of who is to rule their nation over the next four years, there are questions they must ask. What makes their nation a nation? What brings the people together?

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Newsflash

Swaziland’s foreign affairs minister reaffirmed the country’s ties with Taiwan, describing the relationship between the two countries as a marriage that will not end in a divorce, even if China were to approach the country.

During a talk with Taiwanese media on Tuesday, Swazi Minister of Foreign Affairs and International Cooperation Lutfo Dlamini said that Swaziland and Taiwan “have [been] married for 42 years and we have a provision that there is no room for divorce.”