List of key news from each newspaper on 10/19
Quick Look
- Taipei mayoral candidate Shen Boyang of the Democratic Progressive Party held the second car sweep of the "Taipei Ocean Current" in Xinyi District, Songshan.
- More than 30,000 people gathered at the end of the event at Minquan Park.
- At the same time, the media reported that the Blue and White Legislators revised the Elderly Welfare Law to delete subsidies for disadvantaged persons, Chen Chaoming and Xu Yongming were not guilty in the second trial of the SOGO case and were appealed by the Supreme People's Procuratorate, the central bank prepared silver bullets to deal with the pressure on the stock market, Chen Suyue led Wei Pingzheng in the Changhua polls, US experts warned that the Taiwan Strait may become a necessary war between the CCP, and the Taiwan index futures plunged 1,000 points in night trading and Taiwan stocks faced a defensive war.
AI-generated summary
Why It Matters
With the countdown to the 9-in-1 general election entering forty days, the Taipei mayoral candidate of the Democratic Progressive Party Shen Boyang held a "Taipei Ocean Current" car sweep event to gain support. At the same time, the Blue and White legislators’ revision of the Elderly Welfare Law caused controversy, the second trial of the SOGO case resulted in a reverse verdict, the stock and exchange markets were under pressure, the Changhua County gubernatorial poll showed Chen Suyue in the lead, and US experts warned of the risk of conflict in the Taiwan Strait.
Taipei mayoral candidate Shen Boyang of the Democratic Progressive Party launched the second car sweep of the "Taipei Ocean Current" in Xinyi District, Songshan last night. The terminal of the car sweep, Minquan Park, was packed with people. The organizer announced that there were more than 30,000 people at the scene. (Photo: Provided by Shen Boyang’s campaign headquarters)
free times
Along the way, ocean current streamers spread, and the ocean current heading towards Songxin exploded into a sea of people.
With the 9-in-1 general election entering the final 40 days, Taipei mayoral candidate Shen Boyang of the Democratic Progressive Party held the second "Taipei Ocean Current" car sweep yesterday evening. He marched into the difficult constituency of Songshan-Xinyi District, starting from his hometown of Wufenpu, attracting "little water droplets" waving green and orange flags for support. "Ocean Current" posters and streamers spread along the way into a sea of orange.
For details, see the spread of ocean current ribbons along the way. The ocean current heading is full of people.
Please read on...
Forcibly pushing the old welfare law to amend the law caused big trouble, Lai Zhongqiang exposed it, and Blue and White deleted the "Vulnerable Elderly 2 Subsidy"
The Blue and White legislators recently passed the amendment to the "Elderly Welfare Law", which aroused doubts from the outside world. Yesterday, it was found that two important legal sources of subsidies for disadvantaged elders were deleted. The hasty amendment of the law was a mistake. Originally, the disadvantaged should be subsidized for "partial expenses" and "expenses other than health insurance benefits." The future depends on the attitude of the local government.
For details, see Lai Zhongqiang, who forced the old welfare law to revise the law and caused big trouble, and Blue and White ruthlessly deleted the "2 subsidies for the disadvantaged elderly".
Second trial of SOGO case, Chen Chaoming and Xu Yongming are not guilty, the High People's Procuratorate appeals
In order to regain the operating rights of Tailiu and SOGO, former Pacific Circulation Investment Company Chairman Li Henglong bribed five legislators including former Democratic Progressive Party legislator Su Zhenqing, former KMT legislator Liao Guodong, non-party legislator Chen Chaoming, former Times Power legislator Xu Yongming, and former non-party legislator Zhao Zhengyu. The relevant defendants were sentenced in the first instance ranging from six months to ten years; in the second trial, there was a reversal, and Chen Chaoming and Xu Yongming were acquitted. The High Prosecutor's Office said yesterday that it had appealed against the five defendants, including Chen and Xu.
For details, see the second trial of the SOGO case: Chen Chaoming and Xu Yongming were not guilty, and the High People’s Procuratorate appealed.
united daily
Double alert for stocks and exchanges, the central bank is ready with silver bullets to respond
Taipei's stock and currency markets are facing a stress test. The four major U.S. stock indexes all turned black on the 17th, and the Taiwan index futures plummeted by more than 1,000 points in night trading. The bearish atmosphere in Taiwan stocks sharply increased today. Foreign investors aggressively oversold Taiwan stocks last week and repatriated funds, causing the New Taiwan dollar exchange rate to depreciate. It is understood that the central bank held an internal meeting last Friday to respond and prepared silver bullets to continue to stabilize the exchange rate this week and avoid excessive exchange rate fluctuations.
For details, see the double alert on stocks and exchanges. The central bank is ready with silver bullets to respond.
Changhua poll...Green Chen Suyue leads with 32% and Lan Wei Pingzheng with 16%
This newspaper's investigation found that the election situation in Changhua County was deserted, with 48% of voters frankly saying they did not care about the election. Chen Suyue of the Democratic Progressive Party currently leads Wei Pingzheng's 16% support and Qiu Jianfu's 10% support with 32%. However, only about 25% of voters believe that Chen Suyue is the candidate most capable of solving Changhua County's industrial upgrading, youth outflow, low wages and other difficulties, and more than 60% are unable to judge.
The funding source for this poll was Lianhe Daily. The survey was conducted on the evening of October 13th to 15th. One thousand and three voters registered in Changhua County were successfully interviewed, and another 338 people refused to be interviewed. At a 95% confidence level, the sampling error was within plus or minus 3.1 percentage points. The survey uses residential telephone numbers in Changhua County as the parent population to conduct random sampling with the last two digits, and is weighted based on the gender, age, and township and city structure of people over 20 years old in Changhua County.
See the Changhua poll for details... Green Chen Suyue leads with 32% and Lan Wei Pingzheng with 16%.
china times
U.S. experts say Taiwan Strait may be a necessary war for the CCP
Charles Edward Gehrke, former deputy director of war game design and adjudication at the U.S. Naval War College, recently wrote an article pointing out that in the current various war games and strategic models used by Washington to evaluate conflicts in the Taiwan Strait, they all rely too much on rational decision-making models, so that special factors, including the CCP’s fear of the survival of the regime, are ignored. The article mentioned that the CCP closely links "achieving reunification" with the legitimacy of the regime. If a war breaks out in the Taiwan Strait, it will launch a "war of necessity" that affects the survival of the regime, rather than a "war of choice" based on calm calculations.
For details, see US experts saying that the Taiwan Strait may be a necessary war for the CCP.
Taiwan index futures fell 1,000 points in overnight trading, Taiwan stocks defended 47,000 points
The Philadelphia Semiconductor Index suffered eight losses in a row, dragging down the Taiwan Index futures by 1,144 points in overnight trading. Taiwan stocks faced pressure to make up for their losses on the 19th. The legal person pointed out that Taiwan stocks are highly correlated with consumer spending, and it is expected that it is inevitable to make up for the decline. Not only 47K may not be guaranteed, but also the quarterly line (about 46055 points) will be defended. The VIX panic index once exceeded 22 points, which is the first time in 4 months. There is a stampede in US stocks, and Taiwan stocks may not be able to escape. Investors must be mentally prepared to withstand earthquakes.
For details, see Taiwan index futures fell 1,000 points in overnight trading, Taiwan stocks defended 47,000 points.
The Blue and White legislators recently pushed through the amendment of the "Elderly Welfare Law". Yesterday, they were found to have deleted two important legal sources of subsidies for disadvantaged elderly people. The hasty amendment of the law was a mistake. (File photo)
There was a reversal in the second trial of the SOGO case, with Chen Chaoming and Xu Yongming acquitted. The High Prosecutor's Office said yesterday that it had appealed against Chen, Xu and other defendants. (File photo)
What to Watch
AI outlook — possibilities, not facts
Shen Boyang will continue to hold car sweeping activities to expand his influence in difficult constituencies
Likely · Within weeks
The High Prosecutor’s Office’s appeal of the SOGO case will result in a remand or a new trial
Possible · Within months
The central bank will decide whether to stabilize the Taiwan dollar in the coming week depending on exchange rate fluctuations.
Likely · Within days
Open Questions
- Can Shen Boyang's car sweeps be converted into substantial vote support?
- Will the deletion of subsidy clauses in the Blue and White Legislature’s amendment to the Elderly Welfare Law affect its implementation?
- Will the High Prosecutor's Office's appeal on the SOGO case change the acquittal verdict in the second instance?
- Is the central bank ready with silver bullets enough to stabilize the Taiwan dollar exchange rate?







