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Taiwan High Speed Railway
Taiwan High Speed Rail (THSR) is the high-speed railway of Taiwan consisting of one line that runs approximately along the west coast, from the capital Taipei to the southern city of Kaohsiung. With construction and operations managed by a private company, Taiwan High Speed Rail Corporation (THSRC; ), which also operates the line, the total cost of the project was billion in 1998. At the time it was built, this was one of the world's largest privately funded rail construction schemes. The system is based primarily on Japan's Shinkansen. The railway opened for service on 5 January 2007, with trains running at a top speed of , currently running from Nangang to Zuoying in as little as 1 hour and 45 minutes, reaching almost 90% of Taiwan's population. Most intermediate stations on the line lie outside the cities served; however, a variety of transfer options, such as free shuttle buses, conventional rail, and metros have been constructed to facilitate transport connections. Rid ...
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THSR 700T
The THSR 700T ( zh, t=台灣高鐵700T型電聯車) is the high-speed electric multiple unit trainset derived from the Japanese Shinkansen family for Taiwan High Speed Rail (THSR), Taiwan's high-speed rail line. The THSR 700T is based primarily on the 700 Series Shinkansen, with the "T" referring to Taiwan. The trains were manufactured in Japan by Kawasaki Heavy Industries, Nippon Sharyo, and Hitachi, Ltd., marking the first time Japanese Shinkansen trains have been exported overseas. 30 trains were delivered to THSR operator Taiwan High Speed Rail Corporation (THSRC), and are in regular service with a top speed of since the line's opening on January 5, 2007. History Taiwan's Bureau of High Speed Rail (BOHSR) started to tender THSR as a build-operate-transfer (BOT) scheme in October 1996. The two competitors were the Taiwan High Speed Rail Consortium (THSRC) and the Chunghwa High Speed Rail Consortium (CHSRC). THSRC's bid was based on the high-speed technology platform of Eu ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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The Free Library
''The Free Dictionary'' is an American online dictionary and encyclopedia that aggregates information from various sources. Content The site cross-references the contents of ''The American Heritage Dictionary of the English Language'', the ''Collins English Dictionary'', the ''Columbia Encyclopedia'', the ''Computer Desktop Encyclopedia'', the ''Hutchinson Encyclopedia'' (subscription), and Wikipedia, as well as the Acronym Finder database, several financial dictionaries, legal dictionaries, and other content. It has a feature that allows a user to preview an article while positioning the mouse cursor over a link. One can also double-click on any word to look it up in the dictionary. Site operator The site is run by Farlex, Inc., located in Huntingdon Valley, Pennsylvania. Farlex also maintains a companion title, ''The Free Library'', an online library of out-of-copyright classic books as well as a collection of periodicals of over four million articles dating back to 1984, ...
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Soft Loan
A soft loan is a loan with a below-market rate of interest. This is also known as ''soft financing''. Sometimes soft loans provide other concessions to borrowers, such as long repayment periods or interest holidays. Soft loans are usually provided by governments to projects they think are worthwhile. The World Bank and other development institutions provide soft loans to developing countries. This contrasts with a hard loan, which has to be paid back in an agreed hard currency, usually of a country with a stable robust economy. An example of a soft loan is a $2 billion loan by China's Export-Import Bank to Angola in October 2004 to help build infrastructure. In return, the Angolan government gave China a stake in oil exploration off the coast. Another example is the interest free soft loan of Rs. 20 billion given by the Asian Development Bank (ADB) to the government of West Bengal West Bengal (, Bengali: ''Poshchim Bongo'', , abbr. WB) is a state in the eas ...
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Taiwan Journal
''Taiwan Journal'' () is an English-language weekly newspaper published by the Government Information Office of the Republic of China (Taiwan). The newspaper, with both print and online editions, is published every Friday, 51 issues per year (no publication during the lunar new year week), with National Day and occasional special editions. The weekly ceased publication May 22, 2009 and was relaunched June 1, 2009 as ', an English-language news portal. Instead of weekly postings, the new site includes daily updates of 12 political, economic, social and cultural news stories Monday through Friday (“In the News”); photos of the day (“Snapshots”); as well as weekly opinion pieces and features offering analyses and reports on current affairs (“Opinion” and “Features”). History of the newspaper Founded as the ''Free China Weekly''—as opposed to the communist Chinese mainland—on March 1, 1964, the newspaper was renamed the ''Free China Journal'' on January 1, 1984, ...
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Intercity-Express
The Intercity Express (commonly known as ICE ()) is a system of high-speed trains predominantly running in Germany. It also serves some destinations in Austria, Denmark (ceased in 2017 but planned to resume in 2022), France, Belgium, Switzerland and the Netherlands, mostly as part of cross border services. It is the highest service category of rail and the flagship train of the German state railway, Deutsche Bahn. There are currently 315 trainsets in use. ICE trains are the highest category (Class A) trains in the fare system of the Deutsche Bahn. Their fares are not calculated on a fixed per-kilometre table as with other trains, but instead have fixed prices for station-to-station connections, levied on the grounds that the ICE trains have a higher level of comfort. Travelling at speeds up to , they are tailored for business travellers or long-distance commuters and are marketed by Deutsche Bahn as an alternative to flights. Apart from domestic use, the trains can also be see ...
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Siemens
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to ...
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Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia and New Pendolino high-speed trains, in addition to suburban, regional and metro trains, and Citadis trams. Alsthom (originally Als-Thom) was formed by a merger between Compagnie Française Thomson-Houston and the electric engineering division of Société Alsacienne de Constructions Mécaniques in 1928. Significant later acquisitions included the Constructions Electriques de France (1932), shipbuilder Chantiers de l'Atlantique (1976), and parts of ACEC (Belgium, late-1980s). A merger with parts of the General Electric Company (UK) formed GEC Alsthom in 1989. Throughout the 1990s, the company expanded its holdings in the rail sector, via the acquisition of German rolling stock manufacturer Linke-Hofmann-Busch and Italian rail signall ...
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Eurotrain
Eurotrain was a joint venture formed by Siemens and GEC-Alstom to market high-speed rail technology in Asia. In 1997 it was one of two competitors to supply the core system of Taiwan High Speed Rail (THSR), and it was awarded the status of preferred bidder by concessionaire THSRC. Eurotrain assembled a demonstration train, but later THSRC decided to award the contract to a rival consortium, leading to a legal battle ending in damage payments for Eurotrain in 2004. Origins Eurotrain was a joint venture of Siemens (the main maker of the German ICE) and GEC-Alsthom (the main maker of the French TGV), formed in March 1996 with the aim to pool their high-speed rail technologies and market it jointly in Asia. The companies wanted to avoid a repeat of a competitive battle they had for Korea's KTX, which resulted in a loss for Siemens and limited benefits for victorious GEC-Alsthom. GEC-Alsthom held 60% and Siemens held 40% in the joint venture. The first and only high-speed project Euro ...
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Eurotrain München Laim
Eurotrain was a joint venture formed by Siemens and GEC-Alstom to market high-speed rail technology in Asia. In 1997 it was one of two competitors to supply the core system of Taiwan High Speed Rail (THSR), and it was awarded the status of preferred bidder by concessionaire THSRC. Eurotrain assembled a demonstration train, but later THSRC decided to award the contract to a rival consortium, leading to a legal battle ending in damage payments for Eurotrain in 2004. Origins Eurotrain was a joint venture of Siemens (the main maker of the German ICE) and GEC-Alsthom (the main maker of the French TGV), formed in March 1996 with the aim to pool their high-speed rail technologies and market it jointly in Asia. The companies wanted to avoid a repeat of a competitive battle they had for Korea's KTX, which resulted in a loss for Siemens and limited benefits for victorious GEC-Alsthom. GEC-Alsthom held 60% and Siemens held 40% in the joint venture. The first and only high-speed project Euro ...
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Legislative Yuan
The Legislative Yuan is the unicameral legislature of the Republic of China (Taiwan) located in Taipei. The Legislative Yuan is composed of 113 members, who are directly elected for 4-year terms by people of the Taiwan Area through a parallel voting system. Originally located in Nanking, the Legislative Yuan, along with the National Assembly (electoral college) and the Control Yuan (upper house), formed the tricameral parliament under the original 1947 Constitution. The Legislative Yuan previously had 759 members representing each constituencies of all provinces, municipalities, Tibet, Outer Mongolia and various professions. Until democratization, the Republic of China was an authoritarian state under Dang Guo, the Legislative Yuan had alternatively been characterized as a rubber stamp for the then-ruling regime of the Kuomintang. Like parliaments or congresses of other countries, the Legislative Yuan is responsible for the passage of legislation, which is then sent to the ...
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