Page 11 - Far Eastern Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taiwan is not an orphan nation in need of someone to adopt it. Taiwan is not a foundling nation wandering the streets of the world looking for a home. It is not even a poor waif of a nation unable to take care of itself in that same big, bad world. Finally, Taiwan is certainly not terra nullius, a nationless land that is open and waiting to be explored and possessed by those who dare. Taiwan is a mid-sized, democratic nation that by GDP, profitability, location and even microchip production punches far above its weight in its region and in international commerce.

RWE and Asia Cement Corporation (ACC), which are jointly developing the 448 MW Chu Feng offshore wind project, are set to expand their strategic partnership to include further projects off the west coast of Taiwan.

Offshore wind is gaining momentum in Taiwan, where nine gigawatts of offshore wind capacity is due to be auctioned over the next three years. Against this backdrop RWE and Asia Cement Corporation (ACC) intend to expand their existing strategic partnership to jointly drive the growth of offshore wind in Taiwan and the country’s transition from imported fossil fuels to home grown renewables.

French-owned supermarket chain Carrefour says vaccines already available at some branches | 2021-12-04 15:08:00

Despite its investments in China, Far Eastern Group has been blacklisted by Beijing as a “pro-Taiwanese independence enterprise.” The Chinese government has taken measures against the company, including conducting law enforcement inspections in multiple provinces and cities, issuing hefty fines and seeking recovery of taxes. Far Eastern Group chairman Douglas Hsu (徐旭東) has styled himself as “a senior industrialist,” but after reading what he wrote in the media, it is hard to feel anything but disappointment and regret. Hsu has been speaking out against recent happenings in Taiw...