China-Taiwan Showdown Involves Politics, PCs – Glenn Smith

From PC Magazine:

A politically savvy jingle in China goes: Visit Beijing, and you discover you’re nobody. Visit Shanghai, and you learn you’re poor. Visit Taiwan, and you relive the Cultural Revolution.

Translated, it doesn’t rhyme, nor is it fully up to date. A week ago Saturday, Taiwan’s “cultural revolution” – an allusion to the real Cultural Revolution that derailed China in the 1960s – was dealt a severe blow.

President Chen Shui-bian resigned as Chairman of the Democratic Progressive Party () after his party suffered a humiliating defeat in a legislative election. The opposition KMT, or Nationalist Party, won by a landslide, taking 81 seats, compared to the ’s 27, out of the body’s total of 113 seats. [Full Text]

January 25, 2008, 7:58 AM
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Categories: Economy, Taiwan