News » Politics » Up in smoke: Taipower's US$4m contract to paint two chimneys

News » Politics » Up in smoke: Taipower's US$4m contract to paint two chimneys


Up in smoke: Taipower's US$4m contract to paint two chimneys

Posted: 21 Nov 2012 04:47 AM PST

The Control Yuan, Taiwan's government watchdog agency, on Nov. 20 complained that state power company Taipower has been wasting money, spending more than NT$120 million (US$4.1 million) on painting tw...

Pacific president Obama returns to Southeast Asia

Posted: 21 Nov 2012 04:27 AM PST

Less than two weeks after being re-elected as president of the United States, Barack Obama began his four-day journey to Southeast Asia on Nov. 18, with visits to Thailand, Myanmar and Cambodia, for t...

Children who died in Guizhou dumpster were runaway cousins

Posted: 21 Nov 2012 04:23 AM PST

Five street children who were found dead in a roadside dumpster in Guizhou province last week were cousins who had run away from home, reports the state-run China News Service. On the morning of Nov....

Middle East conflict sends ripples throughout Taiwan's tourism sector

Posted: 21 Nov 2012 04:23 AM PST

Rising Israeli-Palestinian tensions have affected outbound tourism to the Middle East and it may take a long time for travel agencies to regain the confidence of people interested in traveling to the ...

Government agency considers tests for Zara products

Posted: 21 Nov 2012 04:19 AM PST

The Consumer Protection Committee said Tuesday it will consider whether to test clothing from the Spanish fast fashion brand Zara for toxic chemicals and whether to remove the products from local stor...

HSBC likely to sell Ping An stake: researcher

Posted: 21 Nov 2012 04:07 AM PST

HSBC Holdings' Nov. 19 confirmation that it is in discussions to sell its 15.57% stake in China's Ping An Insurance Group indicates that the deal is likely to be struck, a researcher with CCB Interna...

Zhejiang shoemaker Aokang wins 6-year lawsuit against EU tariffs

Posted: 21 Nov 2012 04:07 AM PST

The European Union's high court has ruled in favor of Aokang, a Chinese shoe company, in its six-year lawsuit against EU antidumping measures, reports Shanghai's Oriental Morning Post. Aokang, locat...

Despite strong Chinese sales, Hermes cannot yet take flight

Posted: 21 Nov 2012 04:03 AM PST

France's Hermes International SCA posted sales of €850 million (US$1.1 billion) during the third quarter, up 15.7% year-on-year, while other brand names saw their business slowing from a year earlie...

ZTE to sell 81% stake in Chang Fei Investment subsidiary

Posted: 21 Nov 2012 04:03 AM PST

Zhongxing Telecommunication Equipment Corporation announced on Nov. 16 plans to sell an 81% stake in one of its subsidiaries, Chang Fei Investment, the second time ZTE has offered a stake in its subs...

The secret behind Foxconn's cut-price 60-inch TV

Posted: 21 Nov 2012 04:03 AM PST

Taiwanese electronics giant Hon Hai (which trades as Foxconn) officially launched its 60-inch LCD television in Taiwan this month, making shoppers the biggest winners in the LCD TV price war waged by...

Bumbler not stupid: local English language experts

Posted: 21 Nov 2012 03:51 AM PST

After the term "bumbler," with which a British economic magazine used to describe President Ma Ying-jeou, sparked heated debates in the local media, local scholars teaching English in universities sai...

Sina Weibo reshuffles management to boost development

Posted: 21 Nov 2012 03:35 AM PST

An insider of Sina confirmed recently that Peng Shaobin, president of Sina Weibo, will pass the duty for product and technological development to Wang Gaofei, chief of Sina's wireless-business departm...

Beijing to get luxury yacht club

Posted: 21 Nov 2012 03:35 AM PST

A yacht club, claimed as Beijing's first and comparable to the world's best examples of such centers, is to be established on a major waterway running through the city's downtown, it has been agreed. ...

Chinese solar firms moving into overseas projects

Posted: 21 Nov 2012 03:35 AM PST

Chinese solar companies have shifted their focus from manufacturing components to participating in overseas solar power station projects, owing to the recent drop in profit margins caused by the exces...

Europe's golden chance to invest in China: Terra Firma

Posted: 21 Nov 2012 03:31 AM PST

With economic turmoil ascending across the Europe continent, Guy Hands, founder of one of the largest private equity firms in Europe - Terra Firma Capital Partners — sees the influx of investment op...

China set to join RCEP talks for Asian free trade area talks

Posted: 21 Nov 2012 03:31 AM PST

Countries in the Asia-Pacific region will initiate talks this week toward a landmark free trade pact involving China, Japan, India and other neighboring countries, Shanghai's First Financial Daily rep...

Maker of tainted cloudy agents to compensate Taiwan food company

Posted: 21 Nov 2012 03:03 AM PST

The manufacturer of cloudy agents laced with poisonous plasticizer was ordered by a court in Taichung Tuesday to compensate a company that bought food ingredients made with the agents from a third par...

Top China Stories from WSJ: Leader Rising, Asia Tensions, PICC

Posted: 20 Nov 2012 07:00 PM PST

The Communist Party appoints rising leader Sun Zhengchai to the important post of party chief in Chongqing, Barack Obama pushes back against Beijing on the South China Sea, PICC plans massive Hong Kong IPO and more.

Through Retirement Hu Jintao Seeks Victory

Posted: 20 Nov 2012 06:42 PM PST

Former Chinese regime head Jiang Zemin attends the 18th Party Congress on Oct. 15, 2007, in Beijing, China. The leadership appointments that emerged from the congress seemed to favor Jiang, but Hu Jintao's complete retirement may finally force Jiang into the political shadows. (Feng Li/Getty Images)

Former Chinese regime head Jiang Zemin attends the 18th Party Congress on Oct. 15, 2007, in Beijing, China. The leadership appointments that emerged from the congress seemed to favor Jiang, but Hu Jintao's complete retirement may finally force Jiang into the political shadows. (Feng Li/Getty Images)

With a daring move outgoing head of the Chinese Communist Party (CCP) Hu Jintao has sought to succeed in what had eluded him for 10 years: freezing former Party head Jiang Zemin out of power. Analysts say Hu's move won't make reform more likely or save the Party from failing.

According to regime mouthpiece Xinhua News Agency, on Nov. 16 during an extended meeting of the Central Military Commission (CMC) Hu Jintao officially handed over to new Party head Xi Jinping the chairmanship of the CMC—the command of the People's Republic of China's armed forces.

If Hu Jintao had followed the precedent set by Jiang Zemin, Hu would have held onto the chairmanship for two more years, ensuring his personal power inside the Chinese regime.

At the meeting, Xi and Hu traded compliment. Xi said that Hu "voluntarily" asked not to serve as chair of the CMC. Hu's "important decision fully embodies his profound thinking of the overall development of the Party, country, and military" and "the decision also embodies his exemplary conduct and nobility of character," Xi said, according to Xinhua.

Hu described his successor as a "qualified general secretary" of the Central Committee and a "qualified chairman" of the CMC, the report also said.

Stricter Party Personnel Rules

On Nov. 14, before the official announcement was made, Japan's Asahi Shimbun newspaper quoted Party sources as saying that the decision to approve Hu's complete retirement was made at a Nov. 11 internal meeting of high-ranking party officials.

Another decision made at that meeting was a systematic ban on intervention in the political sector by retired leaders, Asahi's report said.

The move is seen as an attempt to end political rule by party elders by proceeding with the implementation of stricter party personnel rules, the report said.

Hu said he would fully retire if two conditions were satisfied: that all high-ranking Party officials would not intervene in politics once they retired and that no exceptions would be allowed for personnel matters, including the CMC chairman's post, according to the report.

Party sources were in agreement that a major aim of the move was to eliminate the influence of Jiang, who has continued to influence political decisions even after retiring from all of his top positions, the report said.

Hu's complete retirement—his simultaneous retirement as head of the Party, the government, and the military—has cleared the way for his successor Xi by preventing Party elders, including Jiang Zemin, from using any excuse or channel to intervene in politics, according to a commentary published in Hong Kong's Oriental Daily.

Hu Jintao made the daring move because he is confident that Xi Jinping will show due deference to him.

—Cao Changqing, political commentator

Xi was probably expressing sincere appreciation in saying that Hu's decision "embodies his exemplary conduct and nobility of character," the article said. This also showed Hu and Xi's discontent toward Jiang Zemin's clinging to power.

Five of the seven-member Politburo Standing Committee—everyone but Xi Jinping and Premier Li Keqiang—will reach 68 years of age in five years and must retire. The vacated posts will be filled by loyalists of Xi and Li, and Jiang Zemin's influence will then completely fade away, according to observers.

No Significance

Political commentator Cao Changqing said Hu made the daring move because he is confident that Xi will show him due deference. Hu's complete retirement is merely a power play that has no significance for political reform, according to Cao.

Heng He, a political commentator for the Sound of Hope (SOH) Network and New Tang Dynasty TV had predicted earlier that Hu would retire completely. Heng told SOH that it is not the CCP's set rule that a retired Party head would remain as chairman of the CMC. There is only one such case: Jiang Zemin.

According to Heng He, Jiang retained control of the military for another two years after Hu became Party head in 2002, because Jiang wanted to make sure that his policy of persecution against Falun Gong would not be altered and that he would not be held accountable for the crimes he had committed.

Hu Jintao does not need to retain power because he has no special ideological theories or policies he needs to implement from behind the scenes, Heng He said.

After Hu took power, Jiang continued to intervene from behind the scenes and eventually formed a second Party center through the security apparatus. The coup plot by former Chongqing Party head Bo Xilai and head of domestic security Zhou Yongkang that Hu Jintao discovered in February, after Bo's former police chief Wang Lijun was interrogated, emerged from this second Party center, Heng He said.

In order to save the Party, Party leaders outside of Jiang's faction wanted the second Party center to end, Heng He said. However, this remedy will only have a temporary effect and won't extricate the Party from the plight it is now facing.

Even if complete retirement of a Party head becomes the norm, it will have no impact on the CCP's future, Heng He said. The Party's days are numbered and it can't possibly survive another 10 years and have another leadership change.

chinareports@epochtimes.com

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Editor's Note: When Chongqing's former top cop, Wang Lijun, fled for his life to the U.S. Consulate in Chengdu on Feb. 6, he set in motion a political storm that has not subsided. The battle behind the scenes turns on what stance officials take toward the persecution of Falun Gong. The faction with bloody hands—the officials former CCP head Jiang Zemin promoted in order to carry out the persecution—is seeking to avoid accountability for their crimes and to continue the campaign. Other officials are refusing any longer to participate in the persecution. Events present a clear choice to the officials and citizens of China, as well as people around the world: either support or oppose the persecution of Falun Gong. History will record the choice each person makes.

Click www.ept.ms/ccp-crisis to read about the most recent developments in the ongoing crisis within the Chinese communist regime. In this special topic, we provide readers with the necessary context to understand the situation. Get the RSS feed. Who are the Major Players?

iPhone 5 likely to hit Taiwan stores in December

Posted: 21 Nov 2012 02:47 AM PST

The latest Apple smartphone iPhone 5 may hit Taiwan stores in December, telecom operators said Tuesday. Contrary to expectations that local operators would begin allowing advance purchases of the new...

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