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Taiwan Tati Cultural and Educational Foundation

China to participate in investigation of disaster


A crane lifts a section of the fuselage from TransAsia Airways Flight GE235 from the Keelung River in Taipei yesterday.
Photo: CNA

The Executive Yuan yesterday said China would take part in the investigation of the crash of TransAsia Airways (復興航空) Flight GE235, adding that the move is “in accordance with international conventions.”

Executive Yuan spokesperson Sun Lih-chyun (孫立群) confirmed that China is to participate in the investigation and the government would ask the Mainland Affairs Council to pay extra attention to the issue of jurisdiction to prevent it being overstepped.

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Support for Taiwanese independence, identity: think tank poll


The Taiwan Braintrust yesterday displays a graph at a news conference in Taipei.
Photo: Liao Chen-huei, Taipei Times

A poll conducted by the Taiwan Braintrust shows that nearly 90 percent of the population would identify themselves as “Taiwanese” rather than “Chinese” if they were to choose between the two — and the percentage is even higher among those aged from 20 to 40.

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Constitutional reform deadline issued

A coalition of civic groups and human rights organizations yesterday demanded leaders of the nation’s political parties to follow through on their promises to pursue constitutional reforms.

Despite diverse proposals for constitutional reforms from across party lines, action on the issue has been “limited to verbal expressions,” the groups said.

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Tsay Ting-kuei considers new party

Alliance of Referendum for Taiwan convener Tsay Ting-kuei (蔡丁貴) said he is considering establishing a new political party that openly advocates Taiwanese independence, saying that such a party would be necessary as the Democratic Progressive Party (DPP) has been inconsistent in its China policy.

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Newsflash

China’s local government debt may be 3.5 trillion yuan (US$540 billion) larger than auditors estimated, potentially putting banks on the hook for deeper losses that could threaten their credit ratings, Moody’s said yesterday.

Moody’s reviewed a report released by China’s state auditor last week, which found that local governments had chalked up 10.7 trillion yuan of debt. Moody’s said it identified more loans funded by banks after accounting for discrepancies in figures given by various Chinese authorities.

Investors worry the pile of loans, about half of which were racked up during a 2008 stimulus spending binge, could destabilize the Chinese economy in the long run. If banks have to absorb heavy losses, it could restrict lending.