Premier-designate Tang Fei (
Economist Lo Fu-chuan (
With the Cabinet-building now completed, President-elect Chen Shui-bian (
Chen, Tang and the new Cabinet will take office on May 20.
Chen Po-chih was yesterday reported as having agreed to the nomination as chairman of the CEPD, which acts as an official think tank to advise the government on economic planning, and a coordinator between different ministries in promoting crucial cross-agency policies.
The completed financial and economic team includes Lin Chuan (
The incoming CEPD head is believed to have had a close relationship with both outgoing President Lee Teng-hui (
He has also been a principle architect of the so-called "no haste, be patient (
He told reporters yesterday, however, that there was a need to review and rectify the policy due to the government's efforts to enter the WTO. But he insisted that the policy should not be abolished.
In related news, Schive Chi (
Hsia, the incumbent head of the AEC's research institute on nuclear energy, is to become the AEC's chairman, an appointment confirmed by government spokesman-designate Chung Ching (
According to Chung, Hsia received a PhD in nuclear engineering from MIT and has worked for the AEC for more than 10 years.
Another important appointment in the foreign relations field is also reportedly about to be confirmed.
Lo, an academic at the UN University in Japan, is likely to take over for Chuang Ming-yao (莊銘耀), secretary general-designate of National Security Council, as representative to Japan.
DPP lawmaker Lee Ying-yuan (李應元) was quoted as saying yesterday that Lo has served in the UN to resolve economic issues in developing Asian countries and is therefore familiar in political circles in many Asian countries.
The Ministry of Foreign Affairs (MOFA) yesterday said it is closely monitoring developments in Venezuela, and would continue to cooperate with democratic allies and work together for regional and global security, stability, and prosperity. The remarks came after the US on Saturday launched a series of airstrikes in Venezuela and kidnapped Venezuelan President Nicolas Maduro, who was later flown to New York along with his wife. The pair face US charges related to drug trafficking and alleged cooperation with gangs designated as terrorist organizations. Maduro has denied the allegations. The ministry said that it is closely monitoring the political and economic situation
Conflict with Taiwan could leave China with “massive economic disruption, catastrophic military losses, significant social unrest, and devastating sanctions,” a US think tank said in a report released on Monday. The German Marshall Fund released a report titled If China Attacks Taiwan: The Consequences for China of “Minor Conflict” and “Major War” Scenarios. The report details the “massive” economic, military, social and international costs to China in the event of a minor conflict or major war with Taiwan, estimating that the Chinese People’s Liberation Army (PLA) could sustain losses of more than half of its active-duty ground forces, including 100,000 troops. Understanding Chinese
UNRELENTING: China attempted cyberattacks on Taiwan’s critical infrastructure 2.63 million times per day last year, up from 1.23 million in 2023, the NSB said China’s cyberarmy has long engaged in cyberattacks against Taiwan’s critical infrastructure, employing diverse and evolving tactics, the National Security Bureau (NSB) said yesterday, adding that cyberattacks on critical energy infrastructure last year increased 10-fold compared with the previous year. The NSB yesterday released a report titled Analysis on China’s Cyber Threats to Taiwan’s Critical Infrastructure in 2025, outlining the number of cyberattacks, major tactics and hacker groups. Taiwan’s national intelligence community identified a large number of cybersecurity incidents last year, the bureau said in a statement. China’s cyberarmy last year launched an average of 2.63 million intrusion attempts per day targeting Taiwan’s critical
‘SLICING METHOD’: In the event of a blockade, the China Coast Guard would intercept Taiwanese ships while its navy would seek to deter foreign intervention China’s military drills around Taiwan this week signaled potential strategies to cut the nation off from energy supplies and foreign military assistance, a US think tank report said. The Chinese People’s Liberation Army (PLA) conducted what it called “Justice Mission 2025” exercises from Monday to Tuesday in five maritime zones and airspace around Taiwan, calling them a warning to “Taiwanese independence” forces. In a report released on Wednesday, the Institute for the Study of War said the exercises effectively simulated blocking shipping routes to major port cities, including Kaohsiung, Keelung and Hualien. Taiwan would be highly vulnerable under such a blockade, because it