Actually you are wrong. The China Post has a capital value of approximately 22 million and the Taipei Times 87 million. But, if you believe that to be equal, I rest my case.
etaiwannews.com/Taiwan/2004/ … 214386.htm
China Post ordered to pay libel damages
2004-09-15 / Taiwan News, Staff Writer /
Two foreign employees of a local language school yesterday won a libel suit against a Taipei-based English-language newspaper, the China Post, after the Taipei District Court ruled that an advertisement the paper ran had damaged their reputations.
In addition to printing a formal apology, the China Post is required to pay NT$300,000 in compensation to each of the two employees.
This is the first time two foreign nationals have won a libel suit against a local newspaper. The two plaintiffs decided to sue the China Post for libel after consulting with their lawyers.
The two plaintiffs, identified as Samppa Suoniemi from Finland and Graeme Laronge from Canada, worked at the Spontaneous Language School as sales representatives until last year.
They said they were greatly disturbed by the ad that appeared twice under the title “memorandum” on the front page of the China Post in November of last year. The ad was also printed by the Taipei Times and the Taiwan News and included not only photographs of the plaintiffs but also their full names, nationalities and passport numbers.
Without specifying details, the language school said in its ad, “Spontaneous is not responsible for anything they (Suoniemi and Laronge) have done outside the school,” and “other language schools are advised to remain cautious and not to be deceived by them.”
During the trial, the China Post argued that it had no right to alter the content of the ad run by the school. The paper said it had agreed to run the ad after deciding it was the result of some kind of financial dispute between the school and its two former employees.
However, the judge did not accept the paper’s argument, saying that the ad should not have appeared on its front page under the “memorandum” heading, which may have given readers the wrong impression that it was a news article.