Briefs, September 26, 2012

PUBLISHED : Wednesday, 26 September, 2012, 12:00am
UPDATED : Wednesday, 26 September, 2012, 3:19am

Higher fines for erroneous maps

Failure to demonstrate the full extent of China's territorial sovereignty when drawing up maps may result in tougher punishment, according to draft regulations. A new law, expected to replace regulations in place since 1995 and published by the Legislative Affairs Office of the State Council, has been released for consultation. The draft raises the fine for failing to include the full extent of the People's Republic of China in maps to 100,000 yuan (HK$122,350) from the current top fine of 10,000 yuan. Xinhua

Taipei-Washington trade talks to resume

The United States plans to send a team to Taiwan next month to kick off trade talks that have stalled since 2007, a visiting US government official said. The plan, announced by Atul Keshap, the US senior official for Asia-Pacific economic co-operation, was made possible after Taipei recently lifted a six-year ban on some US beef imports. Keshap was addressing the American Chamber of Commerce in Taiwan. AFP

Philippine pledge to repay squandered loan

A Philippine official says the government will comply with a Chinese demand for repayment of a US$500 million loan for a stalled railway. Interior Secretary Mar Roxas said he told Deputy Foreign Minister Fu Ying at a meeting over the weekend that the Philippines would repay the loan in two years. It is unclear what happened to the funds or how much was used for the railway. The project stalled after it was ruled the contract to build the railway was illegal as it was awarded without competitive bidding. AP