Taiwan's former vice president announced plans Sunday to start a newspaper to advocate for Taiwanese independence from China. Annette Lu, 64, who ended two terms as vice president in May, held a luncheon in Taipei to raise funds for the afternoon paper, the Formosa Post, scheduled to begin publication July 1.As the report notes further down, the market here is very competitive and newspapers are slowly strangling. How Lu will make her project go, and differentiate it from the Liberty Times and Taiwan News, is a mystery to this writer. We already lost a green paper several years ago -- remember the old Taiwan Daily?
Lu raised 13 million Taiwan dollars (400,000 US dollars) at the event but said she needs 600 million (18 million US) to start the paper, and is recruiting reporters.
Lu said her recent trip to the US to attend Barack Obama's inauguration hardened her determination to publish a newspaper.
"Some US politicians think that Taiwan has surrendered to China and Taiwan people go with that. If Taiwan people make no noise, the US would think that what the Taiwan government does, is the will of Taiwan people, so the US would not interfere," she said.