On Wednesday, Broadcasting Corporation of China (BCC) chairman Jaw Shaw-kong (
Jaw claimed he left the BCC because of government pressure, saying that although the National Communications Commission approved the deal, it was annulled by the Cabinet; the Ministry of Economic Affairs did not agree to management changes; the Financial Supervisory Commission checked the company books; the Fair Trade Commission used monopoly concerns to send a letter to more than 200 TV stations causing them to complain to Jaw; and the Criminal Investigation Bureau investigated it.
But Jaw is wrong. The BCC is an inappropriately obtained asset -- just like other assets with unclear ownership that ordinary people would not buy to avoid trouble. Most know that the KMT government gave the BCC its special frequency allotments and that the land where many of the BCC's broadcasting and relay stations stand is national land given to the company by the government. This example of the KMT's direct access to the national treasury is the reason the ownership of much of the BCC's land is being disputed in court.
It is because of these problems that the KMT wanted to dispose of companies such as the BCC, Central Motion Pictures Corp (CMPC) and the China Television Co. Jaw wanted to gain control of BCC frequencies and land at low cost in a bid to dominate the broadcasting industry, and then complained of government intervention when he had to give up his holding.
The KMT was aware of the difficulties it would encounter and therefore sold Hua Hsia -- which owns the three companies -- to Jungli Investment Co and placed Jungli in a Hua Hsia-managed trust. The deal was complex and trod on toes, leading to a number of incidents such as the gun shots fired outside the office of KMT Legislator and CMPC chairman Alex Tsai (
Many KMT assets have been inappropriately obtained and should not be sold. The government has pursued these assets for quite some time, but because the KMT refuses to return them and is accelerating their sale, the issue remains unresolved. A political solution would be for the government to publish information on how the assets were obtained and then put public pressure on the KMT by holding a referendum on the return of the assets in tandem with legislative elections in January.
Although reclaiming these assets through the courts requires time and money, the government must continue trying to do so because a court decision will have a snowball effect; a verdict can be used as a reference in similar cases and influence the way the public views the issue, which in turn will affect the way they vote in a referendum. The way to solving the stolen assets issue lies in a mixture of politics and justice.
Chinese strongman Xi Jinping (習近平) hasn’t had a very good spring, either economically or politically. Not that long ago, he seemed to be riding high. The PRC economy had been on a long winning streak of more than six percent annual growth, catapulting the world’s most populous nation into the second-largest power, behind only the United States. Hundreds of millions had been brought out of poverty. Beijing’s military too had emerged as the most powerful in Asia, lagging only behind the US, the long-time leader on the global stage. One can attribute much of the recent downturn to the international economic
An outrageous dismissal of the exemplary Taiwanese fight against COVID-19 has been perpetrated by the EU. There is no excuse. I presume that everyone who reads the Taipei Times knows that the EU has excluded Taiwan from its so-called “safe list,” which permits citizens unhindered travel to and from the countries of the EU. As the EU does not feel that it needs to explain the character of this exclusive list, perhaps we should examine it ourselves in some detail. There are 14 nations on the list that have been chosen as safe countries of origin and safe countries of destination for
Filmmakers in Taiwan used to struggle when it came to telling a story that could resonate internationally. Things started to change when the 2017 drama series The Teenage Psychic (通靈少女), a collaboration between HBO Asia and Taiwanese Public Television Service (PTS), became a huge hit not just locally, but also internationally. The coming-of-age story was adapted from the 2013 PTS-produced short film The Busy Young Psychic (神算). Entirely filmed in Taiwan, the Mandarin-language series even made it on HBO’s streaming platforms in the US. It is proof that a well-told Taiwanese story can absolutely win the hearts and minds of hard-to-please