The thought-to-be done deal on the Hai-Sharp marriage -- the acquisition of 66 percent of the shares in the flagship Japanese tech company at a price of US$4.3 billion by Taiwan iPhone manufacturing giant Hon Hai -- was thrown into a fresh squall after contingent liabilities worth 350 billion Japanese yen were disclosed.
Mainland China seems to have adjusted its cross-strait strategy to allow for more flexibility in dealing with Taiwan's new leader., 1 Comment
The logic of going with fewer schools is straightforward. Merging public universities is an effective means of grappling with low birth rates -- the Ministry of Education estimates student numbers will drop by a third by 2023.
French culinary school Le cordon Bleu recently learnt first-hand that it sometimes takes time and persistence to establish your business in Taiwan.
Historians and economists alike started the 21st century off by calling it the "Chinese century," though Oswald Spangler had already said as much very early in the 20th century in his "The Decline of the West." The expression is a neologism suggesting that this century will be dominated by the People's Republic of China, similar to how "the American century" refers to the 20th century and "Pax Britannica" to the 19th. The phrase is used particularly in the assertion that the Chinese economy will overtake that of the United States as the largest national economy in the world.
Taiwan has long been worrying about mainland China. The anxiety of Taiwan toward an increasingly influential and muscular China, coupled with public discontent against the Kuomintang (KMT), resulted in the historic defeat of the ruling and pro-China party in the presidential and lawmaker elections to the China-skeptic Democratic Progressive Party (DPP).
In less than three months, political power in Taiwan will again be transferred from one party to another. While media focus on the transition of power has concentrated on building continuity between successive administrations of government, one thing that should not be allowed to continue is the woeful act of national branding., 3 Comments
Representatives of President Ma Ying-jeou and President-elect Tsai Ing-wen met on Friday in their first formal talk on matters concerning transferring power from the incumbent to his successor.
Bringing about change is the tone of Legislature proceedings in light of the Feb. 6 Kaohsiung Meinong earthquake, with both the government and party caucuses showing agreement in prioritizing amendments to safety-related laws.
The Ministry of Foreign Affairs has responded swiftly and appropriately to the controversy regarding the sovereignty disputes in the South China Sea and U.S. President Barack Obama's recent call to respect international law under the U.N. Convention on the Law of the Sea.