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thepeel
Joined: 08 Aug 2004
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 Posted: Sat Jan 12, 2008 10:04 pm Post subject: Taiwan nationalists celebrate vote victory |
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TAIPEI (AFP) � Taiwan's nationalists on Sunday celebrated their landslide win in legislative elections, setting their sights on the race to succeed President Chen Shui-bian, who headed in defeat to Guatemala.
The nationalist Kuomintang (KMT), which favours closer ties with China, and its smaller allies captured a total of 86 seats in the new 113-member parliament, to just 27 for Chen's Democratic Progressive Party (DPP).
A humiliated Chen, who had spearheaded the DPP's parliamentary campaign, immediately stepped down as chairman, describing the result as the "worst setback" in the party's history.
"I feel very sorry and I feel shame," Chen said after conceding defeat in Saturday's polls, which came just two months before voters will choose his successor.
The KMT won over voters with promises to kickstart Taiwan's stagnant economy and improve relations with China, which have been tense during Chen's eight years in office due to his drive to assert the island's independent identity. |
http://afp.google.com/article/ALeqM5hLWW17BJVJmsy6Cd-6kiVkePzKhQ |
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regicide
Joined: 01 Sep 2006
Location: United States
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| Posted: Sun Jan 13, 2008 2:36 pm Post subject: Re: Taiwan nationalists celebrate vote victory |
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| thepeel wrote: |
| Quote: |
TAIPEI (AFP) � Taiwan's nationalists on Sunday celebrated their landslide win in legislative elections, setting their sights on the race to succeed President Chen Shui-bian, who headed in defeat to Guatemala.
The nationalist Kuomintang (KMT), which favours closer ties with China, and its smaller allies captured a total of 86 seats in the new 113-member parliament, to just 27 for Chen's Democratic Progressive Party (DPP).
A humiliated Chen, who had spearheaded the DPP's parliamentary campaign, immediately stepped down as chairman, describing the result as the "worst setback" in the party's history.
"I feel very sorry and I feel shame," Chen said after conceding defeat in Saturday's polls, which came just two months before voters will choose his successor.
The KMT won over voters with promises to kickstart Taiwan's stagnant economy and improve relations with China, which have been tense during Chen's eight years in office due to his drive to assert the island's independent identity. |
http://afp.google.com/article/ALeqM5hLWW17BJVJmsy6Cd-6kiVkePzKhQ |
I thought former Mayor Ma Ying-jeou was in trouble with some bribery or other kind of charges.
I was there for both of Chen Shui-bian's victories ( my no good employer, a private highschool) did not inform me of the day off after traveling accross town to get to work) and caught the buzz of the rising DPP party.
But it seemed that he pushed the envelope, to say the least, in cross straight relations.
With 1.5 trillion dollars in foreign exchange reserves now, the mainland is no one to mess with.
And a lot of that wealth can be attributed to Taiwanese investment which is at risk as long as the Island keeps annoying Beijing. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sun Jan 13, 2008 2:54 pm Post subject: |
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| And a lot of that wealth can be attributed to Taiwanese investment which is at risk as long as the Island keeps annoying Beijing. |
Who is Taiwan's portfolio manager anyway? Shouldn't they diversify their investments? |
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regicide
Joined: 01 Sep 2006
Location: United States
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| Posted: Sun Jan 13, 2008 3:05 pm Post subject: |
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| Ya-ta Boy wrote: |
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| And a lot of that wealth can be attributed to Taiwanese investment which is at risk as long as the Island keeps annoying Beijing. |
Who is Taiwan's portfolio manager anyway? Shouldn't they diversify their investments? |
They own fisheries in Alaska. (the KMT) |
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