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Taiwan Tati Cultural and Educational Foundation

Taiwan must secure its food supply

Drought and wildfires have caused a 20 percent drop in Russia’s wheat harvest this year, prompting the Russian authorities to ban cereal exports. The export ban has sent global grain prices soaring, bringing concerns about food security to the fore once more.

It is ironic, then, that farmlands in Dapu Village (大埔) in Miaoli County’s Jhunan Towship (竹南) along with the Siangsi­liao (相思寮) area of Changhua County’s Erlin Township (二林) are being expropriated for conversion to industrial use. This whittling away of fertile land is a long-term trend, but Taiwan’s government has not paid much attention to it.

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For the love of Taiwan, get it right

Months of effort to blur the lines between Taiwan and the Republic of China (ROC) by President Ma Ying-jeou’s (馬英九) administration finally resulted in top-level confusion on Sunday, when Presidential Office Spokesman Lo Chih-chiang (羅智強) accused the leader of the opposition of not loving “our country.”

At the heart of the war of words between the Presidential Office and Democratic Progressive Party Chairperson Tsai Ing-wen (蔡英文) is her criticism of the expensive plans for the 100th anniversary of the founding of the ROC next year.

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Part I: Shift of power – a new reality and a challenge for the democratic West

It has been clear for sometimes that there is a gravitational pull – from the traditional West-dominated world to a more Asia-centric geopolitics with the rise of new powers on the Asian Continent, esp. China on the Northeast part of the Continent.

However, the tilt is only relative – not the end of the liberal and progressive West with America as its leader, as many may fear. For in a closely interrelated and interdependent global society, the East and the West has something to offer and complement each other.

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Ma's passivity boosts PRC threat to Taiwan

The policy of promoting "cross-strait reconciliation" adopted by President Ma Ying-jeou and his rightist Chinese Nationalist Party (Kuomintang) administration has not led to any lessening of China's military threat to Taiwan.

In an annual report on "Military and Security Developments Involving the People's Republic of China" released Aug. 17, the U.S. Department of defense shattered the myth peddled by the Ma administration that its policies of appeasement will bring genuine peace and security in the Taiwan Strait.

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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.