I happened upon this graffiti near the Fuhsing and Chunghsiao MRT Station, across from the yucky new Sogo building. The artwork I passed at first was pretty bland, just bubble-writing about nothing much. Above is the first of the good ones.
The work is in reference to the two giant pandas China tried to donate to the Taipei Zoo earlier this year. After some hesitation, President Chen decided to reject the offer as he felt China would use the transfer to treat Taiwan not as an international partner but rather a province. I think there was also something of the attitude in the press (pan-Green anyway) that if Taipei accepted the bears, Beijing would send something else and something else until finally they were making it terms for a surrender.
About the only clever thing anyone ever heard Lien Chan say was in response to Chen's paranoia: "I don't think there's anything green or blue about these bears - it's all black and white."