ISSUE 261                                                                           September 11, 2024
Taiwan Weekly
Reliable report and analysis of the most important issues in Taiwan
In This Issue
● This Week in Taiwan: 
Other Important Events This Week 




Publishers

TPP Chairman Ko Detained and Held Incommunicado
taiwanweekly2019@gmail.com
The Taiwan People's Party (TPP) has called the detention of its Chairman Ko Wen-je judicial persecution under political manipulation. The party is avoiding the issue of selecting an acting chairman. (Photo from: United Daily News)
Featured Editorial

Why is the TPP Avoiding Selecting Acting Chairman

United Daily News Editorial, September 6, 2024

 

Chairman Ko Wen-je of the Taiwan People’s Party (TPP), implicated in the Living Mall case, is currently detained and barred from meeting visitors by the Taipei District Court. The party held an expanded meeting on September 6 to discuss the party's future and decided not to select an acting chairman at this time. Regardless of how the case develops, Ko's credibility has been severely impacted by such issues as political donations and the five major cases during his tenure as Taipei mayor. The TPP continues to avoid the issue of succession: Is it because the party trusts Ko or because it cannot do without him?  

Featured Column
taiwanweekly2019@gmail.com
President Lai Ching-te's directly nominating his campaign chair Yao Li-ming as grand justice has pushed Taiwan's democracy and rule of law to the edge of a cliff. (Photo from: The Storm Media)

President Lai Nominates Campaign Chair As Grand Justice

The Storm Media Column, September 5, 2024

 

Recently, the Central Committee of the ruling Democratic Progressive Party (DPP) posted on Facebook for the Taipei District Prosecutors Office to rebut public suspicion about abuse of prosecutorial power, but this action invited more speculation that the DPP is giving orders to the judiciary, and the DPP subsequently removed the post. On the other hand, President Lai Ching-te appointed Yao Li-ming, who served as chair of Lai’s presidential campaign, to be vice president and grand justice of the Judicial Yuan, which is an utter disregard of judicial independence. Will President Lai withdraw this appointment? This decision will not be as easy as removing a Facebook post.

read more

From: https://www.storm.mg/article/5233515?mode=whole

Featured Editorial
taiwanweekly2019@gmail.com
The Central Bank's complete acceptance of the Democratic Progressive Party (DPP) administration's interference and directives in financial management has rendered the Central Bank's professionalism and independence non-existent. (Photo from: The Storm Media)

Lai Administration's Intervention in Central Bank May Lead to a Taiwan-Style Subprime Mortgage Crisis

The Storm Media Editorial, September 3, 2024

 

The Central Bank's succumbing to politicians has led to the sacrifice of its independence. Perhaps future generations will mark September 2 as the "anniversary of the death of the Central Bank's Independence." Under the behind-the-scenes guidance of President Lai Ching-te and Premier Cho Jung-tai, and with the vegetative Governor Yang Chin-long, the Central Bank fully accepted the intervention and directives of politicians regarding the Central Bank and its financial management. This has resulted in a complete collapse of the professionalism and independence of the financial supervision of the Central Bank.

read more

From: https://www.storm.mg/article/5232054?mode=whole

taiwanweekly2019@gmail.com
Mainland China is playing the "Ryukyu (Okinawa) card" to counter Japan's recent approach of "an issue for Taiwan is an issue for Japan" in intervening in Taiwan affairs. (Photo from: United Daily News)

September 1:

During his campaign, President Lai Ching-te expressed a desire to have dinner with Chinese President Xi Jinping. However, in a recent television interview, when asked if he had considered meeting Xi, Lai stated that he hasn't thought about it. He emphasized that Taiwan cannot accept the "1992 Consensus" based on the "One China" principle. He also countered the "Lai skeptic" narrative, stating that Taiwan and the United States have excellent communication channels. 

 

September 2:

Mainland China's General Administration of Customs announced the resumption of imports of Taiwanese pomelos. The Taiwan Affairs Office of the mainland's State Council stated that as long as the "1992 Consensus" is upheld and Taiwan independence is opposed, "family" matters can be discussed and resolved easily. The mainland's General Administration of Customs had suspended the import of Taiwanese citrus fruits since August 3, 2022, due to the detection of quarantine pests. 

 

September 2:

To prevent the theft of high-tech secrets by mainland China, the Investigation Bureau, Ministry of Justice, launched a large-scale investigation in late August into eight mainland Chinese companies suspected of establishing bases in Taiwan using offshore funds or fake Taiwanese or foreign investments, or poaching high-tech talent. A total of 30 locations were searched, and 65 people were questioned. 

 

September 3:

In recent years, Japan has repeatedly spoken out on Taiwan Strait issues, which Beijing perceives as hyping the notion that "a Taiwan issue is a Japan issue," playing the "Taiwan card." In response, Beijing plans to counter with the "Ryukyu card." Hong Kong's Sing Tao Daily reported that Dalian Maritime University will establish the first Ryukyu Research Center. The article suggests that Beijing might use the non-recognition of Okinawa as Japanese territory as a countermeasure, tit for tat.

 

September 3:

Mark Liu, former chairman of the Taiwan Semiconductor Manufacturing Company (TSMC), attended the first meeting of the Executive Yuan's Economic Development Advisory Committee, and analyzed the direction of Taiwan's economic development. He is optimistic about the prospects of four major industries: space, green energy, databases, and biotechnology. He particularly highlighted the database industry as a "gift from heaven." If Taiwan develops cooling systems, it will make the world "rely on Taiwan." 

 

September 3:

In a program interview, President Lai stated that China wants to take over Taiwan not for territorial integrity but to become a hegemon capable of changing the world order. Otherwise, why not reclaim the territories taken by Russia in the past? 

 

Beijing has not responded; however, the Russian Ministry of Foreign Affairs issued a statement refuting Lai's remarks, stating that the border issues were resolved through treaties signed in the 2000s. It also criticized Lai as a "barking dog." 

 

September 4:

New Director Raymond Greene of the American Institute in Taiwan (AIT) met with the press for the first time. Greene indicated that Taiwan is not the only target of China's intimidation and coercion to change the status quo. More and more countries are realizing the importance of cooperating with like-minded partners. This is not to prepare for war but to avoid war; maintaining strategic balance in the Taiwan Strait and Indo-Pacific region can promote peaceful dialogue and resolve disputes. 

 

September 5:

Chairman Ko Wen-je of the Taiwan People's Party (TPP) is accused of intent to profit the developer of the Living Mall project during his tenure as Taipei mayor and was detained by the Taipei District Court.

 

The TPP held an emergency expanded meeting, accusing the Lai administration of abusing judicial tools for political attacks and persecution against Ko. Party officials announced a full-party mobilization and nationwide talks to counter the DPP's "new party state."

 

Legislator Huang Kuo-chang, co-convener of the response team, revealed that the AIT had contacted the TPP but did not disclose details.

Taiwan Weekly is a newsletter released every week by Fair Winds Foundation and Association of Foreign Relations which provides coverage and perspectives on the latest developments in Taiwan.

The conclusions and recommendations of any Taiwan Weekly article are solely those of its author(s) and do not reflect the views of the institutions that publish the newsletter.


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