Good news out of Toronto: the school board voted 20-2 to terminate that Confucius Institute in the school district.
Which is it:
Taiwan GDP Growth Misses Estimates After Food Safety Concerns - Bloomberg Taiwan's economy gains momentum in third quarter - MarketWatchYou decide!
The Economist joins the ranks of the many media organizations who have noticed that the Hong Kong protests are affecting Taiwan's already miniscule desire to annex itself to China. This is a major media moment, with many news organizations finally talking openly and clearly about Taiwan's lack of desire to become a satrapy of Beijing. And the Economist, which has always lavished affection on Ma Ying-jeou, said flatly he's one of the most unpopular elected leaders Taiwan has had. It even quoted Ketty Chen in her DPP capacity. Awesome.
The Ting Hsin oil scandal is now hitting its prosecution phase, with prosecutors deciding to indict the owner of the hapless conglomerate with 30 years worth of charges. Some from the pan-Green camp in Taiwan are charging that the company made a deal with the Ma Administration to cover up its involvement in the oil scandal last year, from which it miraculously emerged unscathed. The owner of Cheng-yi, in the Ting Hsing group, was given charges worth a possible 18 years. No doubt they will go through the whole charade of a trial and sentencing and then flee to China like everyone else, where they will continue to run their multibillion dollar conglomerate. The Ting Hsin group was also forced to drop its attempt to become manager of Taipei 101 and banks withdrew loans for land acquisition.
I'd say someone got peeved at Ting Hsin over one of the many deals it was involved in and decided to unmask the firm, but it could just be bad luck. And just before the election too, voters were made aware that the Wei Family and the Lien clan whose scion Sean Lien is
China's construction of islands on reefs in the South China Sea threatens Taiwan. Helicopters from the new bases could reach Taiping in five minutes, claims one legislator. Let's station warships there! he suggests. Taiping island is a strategic disaster for Taiwan, sucking military resources for no strategic return.
ECFA Awesomeness alert: Those ECFA successes just keep rolling in, a tsunami of greatness whose individual accomplishments require banks of supercomputers to track. For example, in the third quarter exports to China rose 6%, while imports from China fell 13%. Hahaha. No, of. course. not, that happened on ECFA Planet, where even Taiwan farts may be canned and profitably exported to China. No, here on Sol Three, exports to China declined 6%, following an overall decline of just over 9% for Q1 and Q2, while imports from China rose 13%. Exports to China have been rising the last few years, so this decline may be an ominous signal. But at least we have ECFA so we are not shut out of China's markets! That's why after ECFA our share of China's market has
A local sage and observer pointed out that news of China's buying missions has vanished from the intertubes. Have they stopped? Or are they just not being reported? Or what?
Pinch me. New road for Suhua will make it a tourist attraction, while old road will only be open to slower vehicles under 30 kms an hour and BIKES. BIKES BIKES BIKES. Doubly good -- the Chinese tourist herds will be whisked on air conditioned buses to the tourist trap slaughterhouses, while we gambol and cavort on a road preserved just for us. This can't be true.
More news collected at Thinking Taiwan's Taiwan Insider. SOAS in London is hosting Linda Arrigo talking on on the origins of the Taiwan Democracy Movement. Nov 7, at 2. Attend, she's always humorous and interesting, and no one knows more than her about that period.
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