National Taiwan University

NTU’s institutional predecessor was Taihoku Imperial University, founded in 1928 by the Japanese colonial administration. The first president was Shidehara Tan Tairaka Hiroshi. In 1945, the Republic of China won the war of resistance against Japan, and Taiwan was handed over to the Nationalist government of China. On November 15 of that year, Taihoku Imperial University was formally transferred to Chinese administration and renamed as National Taiwan University, with Dr. Tsung-lo Lo appointed as the first President.

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The People’s Bank of China recently cut interest rates to stimulate the economy. But it probably won’t fix the real problem. Reuters

China’s interest rate cut is mixed blessing for the world economy

China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy…

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