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TAIPEI, May 5 (Xinhua) -- Former Taiwan leader Chen Shui-bian has been indicted on new corruption charges, prosecutors said here Tuesday. While in office, Chen and his wife Wu Shu-chen took 10 million New Taiwan dollars (302,000 U.S. dollars) in bribes from a local businesswoman, and demanded bribes and donations totaling 300 million New Taiwan dollars from a former banker, prosecutors said at a press conference. Chen was first indicted on Dec. 12 for money laundering and bribery. He and his wife were charged with embezzling 104 million New Taiwan dollars (3.15 million U.S. dollars) in public funds and accepting bribes of at least 9 million U.S. dollars in a land purchase deal. Chen and his collaborators are also accused of laundering the illegal income. Chen has been in detention since last December and faces life in prison if convicted. He was elected to the post of Taiwan leader eight years ago but was ousted in an election in May last year.
BEICHUAN, Sichuan, April 26 (Xinhua) -- Bride Deng Ling supported a sapling upright while her sweetheart Li Jun bowed to spade earth into the pit carefully, expecting happiness in their coming marriage life. With tears running down her face, 38-year-old Deng made a wish: "We plant the sapling and hope it will bring fruit and happiness to us." Twenty new couples attend a group wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009Deng and Li were among the 40 people who lost their spouses in the May 12 earthquake last year. They tied the knot at a group wedding on Sunday in the worst hit Beichuan County in China's southwestern Sichuan Province. The wedding service, funded by the local government, was held in accordance with the folk customs of the Qiang ethnic group in Beichuan. The county lost two-thirds of its population in the quake. Bride Zhang Li and bridegroom Tang Jiyao drink at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on SundayThe magnitude-8.0 quake hit southwest China, including most parts of Sichuan, and killed more than 69,000 people. It also left nearly 18,000 missing, more than 374,000 injured and millions homeless. On Sunday, the 20 couples planted 20 trees at the wedding ceremony to appreciate the caring from others and expect happiness in their own life, according to the wedding organizer. A gun salute was included in the ceremony to express the Qiang people's hospitality and their blessings to the new couples, said Chen Xingchun, Communist Party chief of Beichuan, the country's only Qiang autonomous county. Twenty new couples parade as they hold group wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday. Tang Jirao, another bridegroom, held fast to the hands of Zhang Li, his bride, in the 30-minute wedding ceremony. "It's a bit cold today, and his hands are warm," Zhang explained with a shy smile. Having lost his wife in the earthquake, Tang was introduced to Zhang Li, a primary school teacher, in October 2008. At the first sight of Tang, Zhang found her liked the man. A new couple is surrounded by journalists at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday"He gave me the feeling that he was reliable, though he spoke little," said Zhang. Like many other who lost their family members, Tang was reluctant to think of the past. "I was afraid to stay alone, and I kept myself busy so that I would be exhausted and fall asleep," said Tang, deputy head of Leigu Town. Bridegroom Tang Zhiguo (R) and his bride walk to attend wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday"I even thought that my life would be ending that way," said the 51-year-old man, "till I was introduced to Zhang Li by my family members." According to the Qiang custom, new couples should sing love ballads at the wedding ceremony, and shelled corns and millets will be spread on the crowds, which is believed to bring fortune to the new couples. Bridegroom Yang Changbin pulled his wife Zhou Xiaohong out of the crowd, and found her a seat. "I was a cab driver, and now stay at home and take care of Zhou. She was hurt in the waist in the quake," said Yang. "I will return to work as she turns better, and she will start a small business like a canteen." Leaning her head on Yang's shoulder, Zhou said: "We plan to have a baby, so we can have a real home." Yang's face beamed with broad smile. "Today is the most important day for me after the quake, also a happy start in the rest of my life."
BEIJING, June 3 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday raised a four-point proposal to boost collaboration with Malaysia so as to jointly tackle the global financial crisis. China and Malaysia should insist on the Five Principles of Peaceful Co-existence, take each other's concern into consideration and achieve common development, Wen said to visiting Malaysian Prime Minister Najib Tun Razak during their meeting at the Great Hall of the People. Wen raised a four-point proposal for further cooperation between the two countries, which included promoting trade diversification, enhancing mutual investment, deepening financial cooperation and safeguarding financial stability, and strengthening coordination on regional affairs. Visiting Malaysian Prime Minister Najib Tun Razak (front, L) receives a special gift, a photo of his late father and China's late Premier Zhou Enlai when the two established diplomatic ties between China and Malaysia in 1974, from Chinese Premier Wen Jiabao (front, R), in Beijing, capital of China, June 3, 2009. Malaysia has become China's largest trade partner among members of the Association of Southeast Asian Nations (ASEAN). Trade between the two countries reached 39.06 billion U.S. dollars in 2008, up 10.3 percent year on year. This year marks the 35th anniversary of the establishment of diplomatic relations between China and Malaysia. Wen said that China is ready to work with Malaysia to take this opportunity to promote their relations. Malaysia was the first ASEAN member country to forge diplomatic relations with China 35 years ago under then Prime Minister Tun Abdul Razak, Najib's late father. Najib said it is his honor of choose China as the first non-ASEAN destination since he took office in April. "This shows that Malaysia attaches great importance to the development of Malaysia-China relations." Najib noted that his visit is aimed at further accelerating the development of the bilateral ties and strengthening cooperation. Najib said he agree with Wen's proposal on advancing Malaysia-China relations, saying Malaysia, on the basis of reciprocity and mutual benefit, is ready to enhance cooperation with China in the fields of economy, finance, resources, energy and infrastructure construction. After the meeting, the two leaders witnessed the signing of bilateral agreements on cooperation. Najib received a special gift from the Chinese side: a photo of his late father and Chinese Premier Zhou Enlai when the two established diplomatic ties between China and Malaysia in 1974. Najib received an honorary doctorate in international relations from the Beijing Foreign Studies University at the opening ceremony of an international seminar on the dialogue between Chinese and Malaysian civilizations here Wednesday.
SHANGHAI, June 3 (Xinhua) -- Standard Chartered Bank (China) Limited announced Wednesday that it plans to issue 3.5 billion yuan (512 million U.S.dollars) financial bonds in China, the first foreign bank to issue Renminbi bonds in the Chinese mainland. The announcement was made in the wake of a circular released by the State Council in April on building Shanghai into an international financial center and shipping hub. The municipal government of Shanghai convened a working meeting late last month on preparation for the financial center goal, promising to support foreign banks to issue yuan-denominated bonds. "As China's financial market continues to liberalize, Standard Chartered is seeing a number of opportunities for our business," said Peter Sands, Group Chief Executive of Standard Chartered Bank, during his visit to Beijing this week. The issuance is expected to help elevate the Renminbi's status as an international reserve currency, develop local capital markets, and contribute towards Shanghai's development as a global financial center, said Sands. Standard Chartered Group reported 26 percent income growth in 2008, or 13.97 billion U.S. dollars despite the difficult global economic environment. In China, the bank has grown by an average annual compounded growth rate of 80 percent over the past four years. Standard Chartered Bank is China's oldest foreign bank enjoying150 years of history. It is among the first batch of locally-incorporated foreign banks and has one of the largest foreign bank networks operating in China.
URUMQI, July 11 (Xinhua) -- The Xinjiang branch of China Charity Federation said Saturday it had received 2.03 million yuan (297,218 U.S. dollars) in donation from all walks of life for victims in the Urumqi riot. The single largest donation is 200,000 yuan from the Xinjiang company of China Pacific Life Insurance Co., Ltd., said the federation. Wu Jie, an employee of the insurance company, said she would like to do something for the dead and injured people. "We need to comfort the families of the dead and help the people who need medical treatment." Maolaxifu Rishat, a businessman of the Tartar ethnic group who was the first to propose a comfort fund for riot victims, donated 5,200 yuan on behalf of 14 donators from 14 different ethnic groups. "We pray for national unity in Xinjiang, so that we can have a peaceful and harmonious environment," he said. Urumqi Public Transport Group, which suffered 37.6 million yuan as hundreds of its buses were torched or smashed, received 3.38 million yuan in donation from enterprises in the city. Five bus drivers of the group were killed by mobs and 57 others injured. The riot in Xinjiang on July 5, the worst in six decades, caused a severe shortage of blood at local hospitals where more than 1,000 injured people were rushed in. Shortly after the shortage was reported, many citizens rolled up their sleeves to donate blood. On Friday, Urumqi's blood center announced the shortage had been eased, but donors continued to pour in. A total of 1,315 people from 13 ethnic groups had come to the blood collection stations to donate 400,000 milliliters of blood as of 10 p.m. Friday. More than 1,000 other people have made appointments with blood collection centers to donate blood in the coming days.