Taiwan insurers have the financial capacity to invest at least $10 billion in overseas properties after the island’s government relaxed rules in April on real estate investments abroad, according to an industry group.
China Minzhong Food Corp., the vegetable processor targeted by Glaucus Research Group, said it “strongly” denied the allegations in the short-seller’s report, describing it as going beyond fair comment.
In December 2010, then-Vice President Xi Jinping visited the southern city of Chongqing in a show of support for Bo Xilai, the local Communist Party chief whose populist appeal had made him a rising political star.
The more than 1,100 Chinese missiles aimed at Taiwan are less of an impediment to a meeting with President Xi Jinping than whether talks would be backed by the island’s people, Taiwan President Ma Ying-jeou said.
A group of Chinese residents of New York who sued the People’s Republic of China last year claiming the government censored their writings asked a federal court in New York for a $17.4 million default judgment because the country didn’t answer the complaint.
Taiwan’s President Ma Ying-jeou called for greater freedom and democracy in China as the island celebrates its National Day and the 100th anniversary of the revolution that was a precursor to both governments.
During his civil lawsuit against the People’s Republic of China, Brian Milburn says he never once saw one of the country’s lawyers. He read no court documents from China’s attorneys because they filed none. The voluminous case record at the U.S. District courthouse in Santa Ana contains a single communication from China: a curt letter to the U.S. State Department, urging that the suit be dismissed.