Page Two

SPECIAL REPORT: Capital retreat from China?

The China Post
Date: February 6, 2017
By: Christine Chou

When China began making its rocky transition from socialism to a market economy with a series of economic reforms in the late 1970s, investors from Taiwan were among the first to venture into the new market.

However, with China’s economy now expanding at its slowest pace in more than a quarter century, and amid rising economic headwinds and clouding global uncertainties, an increasing number of Taiwanese-owned companies are feeling the impact.

A senior executive at a major international accounting firm in Taipei, who asked to remain anonymous, told The China Post that large swaths of institutional and individual investors have been scrambling to move cash out of China and back to Taiwan.

And it is not only investors from Taiwan who are pulling capital out of China. According to Bloomberg, more than US$1.2 trillion has flown out of the country since the shock devaluation of the yuan in August 2015.    [FULL  STORY]

Taoyuan Airport metro to address complaints of wobbly service

Focus Taiwan
Date: 2017-02-04

The Taoyuan Airport metro company says it will make adjustments following complaints of a rocking sensation from some passengers on its trial-period service.

The airport metro line is slated to begin regular services on March 2, but it opened to passengers Thursday for a month-long trial period.

The airport metro company says it will continue to gather passengers’ opinions and make gradual adjustments based on scientific data in order to strike a balance between passenger comfort and efficiency. Acccording to the company, passengers may feel the effects of inertia along certain sections of the line when the train changes speeds or depending on the distribution of passengers in the train.
[FULL  STORY]

Taiwan’s pig blood cake can heal lungs from smog damage: expert

Let’s see how a Taiwanese delicacy named by an English travel website as one of the top ten bizarre foods in the world can help protect you from smog’s harmful effects

Taiwan News
Date: 2017/02/04
By: Sophia Yang,Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Named among the top 10 unusual foods in the world by travel website

Image courtesy of Ruocaled (Flickr)

VirtualTourist.com, pig’s blood cake, a Taiwan local delicacy, has recently been said carrying health benefits that can protect people against the effects of smog. A renowned traditional Chinese medicine practitioner backs the saying but suggests not to take more than two portions a week.

Articles about foods that can reduce harmful effects of air pollution have recently spawned on the Internet, which feature three local foods — pig’s blood cake, also known as “blood tofu” or “blood pudding,” lamb stew and white fungus lotus seed soup.

Pig’s blood cake is a street delicacy made of sticky rice and pig’s blood, which hold the rice cake together after steaming, and then is coated with powdered peanut butter and cilantro to give a faintly sweet taste and pleasant scent.    [FULL  STORY]

Temperatures to drop Feb. 9 with arrival of cold air mass

Focus Taiw
Date: 2017/02/04
By Wang Shu-fen and Christie Chen

Taipei, Feb. 4 (CNA) Temperatures around Taiwan are expected to fall sharply beginning Feb. 9 due to

(CNA file photo)

the arrival of a strong cold air mass from China and a frontal system, with lows in northern Taiwan expected to dip to 11 degrees Celsius, the Central Weather Bureau said Saturday.

Northern and eastern Taiwan can expect cold and wet weather, with brief showers in some areas, on Feb. 9, while cloudy to sunny skies can be expected in other parts of Taiwan that day, the bureau said.

On Feb. 10, temperatures in northern Taiwan could drop to as low as 11 degrees, with highs hovering between 14 and 15 degrees, it said.

Lows in central and southern Taiwan on Feb. 10 could fall to 12 and 13 degrees, respectively, but highs in both areas are forecast to remain above 20 degrees due to clear and sunny skies, according to the bureau.    [FULL  STORY]

Hung, Hau criticize Cabinet reshuffle

’STOP FOOLING AROUND’:The pair also criticized a proposal to remove the images of Sun Yat-sen and Chiang Kai-shek from banknotes, with Hung Hsiu-chu calling it ‘psycho’

Taipei Times
Date: Feb 05, 2017
By: Alison Hsiao / Staff reporter

Chinese Nationalist Party (KMT) Chairwoman Hung Hsiu-chu (洪秀柱) and Vice Chairman Hau Lung-bin

Chinese Nationalist Party (KMT) Chairwoman Hung Hsiu-chu, second left, attends meetings of the Taishan and Chongqing associations in Taipei yesterday. Photo: Chien Jung-fong, Taipei Times

(郝龍斌) both questioned President Tsai Ing-wen’s (蔡英文) new picks to head four ministries, particularly focusing on newly appointed Minister of Labor Lin Mei-chu (林美珠), who is Tsai’s cousin.

It is not entirely inappropriate to “recommend someone from your own family” if they are a good fit for the job, but people should refrain from holding the KMT to a different standard, Hung said.

“If the same situation occurred when the KMT was in office, many would have been likely to … lash out at the KMT,” she said.

“Take [former president] Ma Ying-jeou (馬英九) as an example: After he took office, members of his family such as his elder sisters could not hold any [official] position. I hope [the public] holds the KMT to the same standard when the party takes office again,” Hung said.    [FULL  STORY]

Taiwan-Canada research team sheds light on dinosaur evolution

Taiwan Today
Date: February 03, 2017

A Taiwan-Canada research team has discovered evidence of protein preservation in a

A Taiwan-Canada research team used the NSRRC’s synchrotron to uncover evidence of protein preservation in a 195 million-year-old dinosaur fossil. (Courtesy of NSRRC)

195 million-year-old dinosaur fossil, a significant finding that may provide more information on the biology and evolution of the long-extinct animals, according to Hsinchu City-based National Synchrotron Radiation Research Center Feb. 2.

The study was conducted by researchers from the NSRRC, National Central University, National Chiao Tung University, National Chung Hsing University and University of Toronto Mississauga. It was published online Jan. 31 in the journal Nature Communications.

Using the NSRRC’s synchrotron, a type of particle accelerator, the team found proteins known as collagen type I preserved inside the vascular canals of the rib of a Lufengosaurus, a long-necked, plant-eating dinosaur from the Early Jurassic epoch. The animal’s remains were unearthed in Yunnan Province, mainland China.  [FULL  STORY]

Controversial ‘Holy Pig’ festival kicks off in Sanxia

Zushi has a strong following in the north of Taiwan and the centuries-old tradition is vehemently defended by organizers and worshippers

Taiwan News
Date: 2017/02/03
By: Maggie Huang, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Sanxia held its annual Lunar New Year Holy Pig festival Thursday in spite of criticism and protest by activists as inhumane. Local pig farmers compete to display the largest pig, with the winner taking home a trophy every year.

The annual festival marks the birthday of the Chinese deity Zushi and was held in a square outside the temple in the northern district of Sanxia, a traditional district in New Taipei City in northern Taiwan.

Animal rights activists say farmers have adopted inhumane methods to force-feed pigs to increase their weight. As a “holy pig” raised for the ceremony, it can weigh more than 800 kg compared to a normal weight of 120 kg.

Zushi has a strong following in the north of Taiwan and the centuries-old tradition is vehemently defended by organizers and worshippers.    [FULL  STORY]

Dead cetacean found in Wanli

Focus Taiwan
Date: 2017/02/03
By: Lin Chang-hsun and Lilian Wu

Taipei, Feb. 3 (CNA) Coast Guard officers found a dead cetacean on the shore of Wanli

(CNA file photo)

Lion Park in New Taipei on Friday evening after receiving a report that a member of the cetacean family had grounded there.

The animal was about 150 centimeters long and 27 centimeters wide, but its species was not immediately identified, and authorities will wait until Saturday for the Taiwan Cetacean Society to help identify it.  [SOURCE]

Koo asks Ma about KMT ties to four foundations

Taipei Times
Date: Feb 04, 2017
By: Yang Chun-hui, Lin Liang-sheng and Jonathan Chin / Staff reporters, with staff writer

Ill-gotten Party Assets Settlement Committee Chairman Wellington Koo (顧立雄) last month sent letters to former president Ma Ying-jeou (馬英九) and senior Chinese Nationalist Party (KMT) members requesting information about the party’s financial relationship with four private foundations, sources said.

Aside from Ma, Koo wrote to KMT Chairwoman Hung Hsiu-chu (洪秀柱) and her predecessor, New Taipei City Mayor Eric Chu (朱立倫), in connection with the committee’s investigation of KMT assets. Ma and Hung had formally replied to Koo in writing, while Chu had acknowledged the letter, but made no comment, the sources said.    [FULL  STORY]

Cabinet reshuffle ignores public needs, KMT says

The China Post
Date: February 4, 2017
By: The China Post news staff

The Cabinet reshuffle fails to meet the nation’s expectations for major changes tackling thorny issues, a spokesman for the opposition Kuomintang (KMT) said Friday.

The leadership change in four ministries was merely new assignments for some of the existing Cabinet members, said Hu Wen-chi, deputy director of the KMT’s Culture and Communications Committee.

Describing the new appointments as political rewards for the ruling party’s various factions, Hu said the reshuffle would not be able to produce badly needed solutions to the major problems Taiwan faced.

Personnel changes have not even touched the defense, transport and economics ministries, for which the nation had hoped for leadership changes, Hu said, adding that the premier should step down to take responsibility for the Cabinet’s poor performance.     [SOURCE]