Category: Taipei, Taiwan

China reset: ‘Absolutely’ opposed to Taiwan independence

China will resolutely oppose and contain Taiwan independence, Premier Li Keqiang said in remarks prepared for delivery at the opening of the annual meeting of its rubber-stamp parliament on Sunday, amid heightened tension between Beijing and the self-ruled island. China is deeply suspicious of Taiwan President Tsai Ing-wen, whose ruling Democratic Progressive Party espouses the island’s formal independence, a red line for Beijing, which has cut off an official dialogue mechanism with Taipei.

Water park hit by powder explosion can reopen: court

A water park where an explosion of flammable dust killed 15 people and injured almost 500 others in 2015 could reopen after a court on Wednesday overturned a government order that had suspended its license. The Tourism Bureau, which ordered the Formosa Fun Coast water park to suspend business following the accident, said it could appeal against the verdict handed down by the Taipei Administrative High Court.

Sky is falling for prime property prices

The value of a luxury apartment in Dazhi has dropped by half its original price amid the slipping property value of other buildings and apartments in greater Taipei. According to a Taiwan Realty statement released Wednesday, a top-of-the-market Dazhi luxury apartment sold recently for NT$1.445 million per ping last December, whereas it sold for 50.28 percent more, at NT$2.906 million, at its peak.

8 Rising Stocks That Are Still Undervalued

According to the GuruFocus All-in-One Screener , several gurus are focusing on stocks whose Peter Lynch fair values are far above the current price. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.

Taiwan protests Spain’s deporting of 200 Taiwanese to China

TAIPEI, Taiwan – Taiwan’s foreign ministry has protested Spain’s decision to deport more than 200 Taiwanese telecom fraud suspects to China, in the latest instance of a government moving to deport citizens of the self-governing island to its rival. Scores of Taiwanese have been arrested around the world in the past year in connection with vast telecoms fraud scams targeting Chinese nationals.

So what is the “One China” policy?

The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years. What is the ‘One China’ policy? The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years.

So what is the “One China” policy?

The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years. What is the ‘One China’ policy? The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years.

NEWS Reports: Foxconn considering Pennsylvania molding plant

Apple supplier Foxconn Technology Group is in early discussions about setting up an injection molding factory in Pennsylvania, as part of a look at a larger manufacturing presence in the U.S., according to press reports. The Japanese media outlet Nikkei Asian Review said that Foxconn Chairman Terry Gou told reporters after a company function Jan. 22 that the firm was looking at the investment in molding in Pennsylvania, as part of a $7 billion investment in making display panels.

Taiwan leader urges China for ‘calm’ talks as pressure grows

In this photo released by the Taiwan Presidential Office, President Tsai Ing-wen, right, and Vice President Chen Chien-jen look through name cards of journalists attending an international press conference at the presidential office, Saturday, Dec. 31, 2016, in Taipei, Taiwan. President Tsai urged China to engage in “calm and rational” dialogue to maintain peace, vowing not to give in to Beijing’s recent moves to “threaten and intimidate” the self-ruled island.

Kinmen a ‘model spot’ for cross-strait exchange

Taiwan will develop Kinmen, an island group it controls off southern China, into a “model spot” for peaceful exchanges between the two sides of Taiwan Strait, the head of the Taipei-based Straits Exchange Foundation said Wednesday. Although cross-strait dialogue has been suspended by China, foundation Chairman Tien Hung-mao said during a visit to Kinmen that he found cross-strait exchanges and interactions through the “three mini-links” between Kinmen and China’s Fujian Province are operating normally.

70% of plastic bags found to carry false labels: consumer group

Ten out of 14 types of plastic bags sold in grocery stores, convenience stores and shopping centers have been found be carrying false labels marking them as biodegradable and environmentally friendly, the Taipei-based Consumers’ Foundation said Wednesday. The plastic bags in question break into tiny pieces during the natural process of degradation, but are nevertheless promoted as biodegradable, said Ling Young-chien , chief inspector of the foundation, a non-profit organization devoted to consumers’ rights.

China resumes ties with Sao Tome in triumph over Taiwan

China and Sao Tome and Principe officially resumed diplomatic relations Monday in a triumph for Beijing over rival Taiwan after the African island nation abruptly broke away from the self-ruled island last week. Chinese Foreign Minister Wang Yi and his counterpart from Sao Tome, Urbino Botelho, signed books at a ceremony in front of their flags at the Diaoyutai State Guesthouse in Beijing.

Taiwan stocks fall tracking overseas markets

TAIPEI, Dec 22 Taiwan stocks fell on Thursday tracking losses in overseas markets and ahead of the island’s last rate review for the year in which the central bank is expected to keep the key policy rate unchanged, but would provide its outlook for 2017. The main TAIEX index fell 0.6 percent to 9,152.88 points as of 0226 GMT, after closing down 0.4 percent in the previous session.

BRIEF-Long Bon International repurchases 5.5 pct stake shares

SAN FRANCISCO, Dec 21 Uber Technologies Inc has removed its self-driving cars from San Francisco streets, halting the autonomous program one week after its launch as the company faced a regulatory crackdown. TAIPEI, Dec 22 Taiwan stocks fell on Thursday tracking losses in overseas markets and ahead of the island’s last rate review for the year in which the central bank is expected to keep the key policy rate unchanged, but would provide its outlook for 2017.