Re: Taiwan should declare its independence

for  thr  first  of  half  of this  year  2008,

85 billion US$ Hot  Money from outside  China
 has entered Chinese  financial  market ,
 according to  Chinese  central  TV  CCTV - 4 ..


 .


On May 8, 6:39=A0pm, Sir John Howard <sirjohnhow...@[EMAIL PROTECTED]
> wrote:
> Taiwan urged to drop cheque diplomacy
>
> http://news.smh.com.au/taiwan-urged-to-drop-cheque-diplomacy/20080508...
>
> A Taiwan middleman suspected in the disappearance of $US30 million
> ($A31.87 million) meant for Papua New Guinea has accused senior
> officials of taking the money, local media said, amid calls to rethink
> the island's chequebook diplomacy to win friends.
>
> Suspect Wu ****-tsai's lawyer released a do***ent saying that an
> adviser to Foreign Minister James Huang - who resigned on Tuesday -
> had taken $US9.8 million ($A10.41 million), media and officials said.
>
> The remaining $US20 million ($A21.25 million) was wired back to an
> account run by the Foreign Ministry, the do***ent said.
>
> The scandal, which has also led to the resignations of Vice Premier
> Chiou I-jen and Deputy Defence Minister Ko Chen-heng, could strengthen
> President-elect Ma Ying-jeou's pledge to stop using money to buy
> allies.
>
> "This case has generated a lack of acceptance for chequebook diplomacy
> among Taiwan's public, so we need to discuss it further," said Taiwan
> legislator Chang Hsien-yao.
>
> China, recognised by 170 countries including the world's most powerful
> nations, has claimed self-ruled Taiwan as its territory since the end
> of the Chinese civil war in 1949 and has pledged to bring the island
> under its rule, by force if necessary.
>
> Taiwan resists China by keeping its own stable of diplomatic allies,
> which now number 23 mostly small, impoverished nations in Africa,
> Latin America and the South Pacific.
>
> It spends an average of T$15 billion ($A517.37 million) to T$20
> billion per year on ties to those countries, Chang said.
>
> Taipei prosecutors are probing Wu as well as the former vice premier
> for the missing funds. The ex-foreign minister and ex-vice premier
> have apologised but claimed innocence.
>
> Wu and another go-between were hired in 2006 to pass the money to
> Papua New Guinea, now a China ally, as development aid, the foreign
> ministry says. New Guinea was a Taiwan ally for 14 days in July 1999,
> until a new leader****p in the impoverished South Pacific nation
> scrapped the deal.
>
> Current President Chen Shui-bian, who apologised for the flap earlier
> this week, denies using chequebook diplomacy, but analysts describe
> Taiwan's lavish development aid offers as lures for foreign countries
> to sign with Taipei, not with Beijing.
>
> "The negative side is that other small countries will come ask Taiwan
> for money, because they know Taiwan has it," said Kweibo Huang, an
> international relations instructor at National Cheng Chi University in
> Taipei.
>
> China can also buy off Taiwan's allies more easily now that it has
> clues about the pricetag, analysts say.
>
> If Ma fulfills pledges to build better ties with China, Beijing
> officials will back down on their own chequebook diplomacy to fight
> Taiwan, said Li Peng, assistant director of the Xiamen University
> Taiwan Research Institute in China.
>
> "Beijing wants cross-Strait relations to enter a new era and if
> successful, they don't need to do anything to harm Taiwan," Li said.
>
> ------------------------
>
> Taiwan should tell the hegemonic gooks to go **** themselves!