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Huntsman’s US run could draw attention to Taiwan

The announcement earlier this week by US Ambassador to China Jon Huntsman that he was resigning from his post to seek the Republican Party’s nomination for the presidential election next year could have substantial implications for Washington’s Taiwan policy.

A billionaire and former governor of Utah, Huntsman was a Mormon missionary in Taiwan from 1987 to 1988 and is said to be fluent in Mandarin and Hoklo (also known as Taiwanese).

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Joblessness, rising prices could spark wars: IMF boss

The world economy is beset by problems such as high unemployment and rising prices, which could fuel trade protectionism and even lead to war within nations, the head of the IMF warned yesterday.

Rising food and fuel prices in recent months have already hit poorer countries and are one of the factors behind massive anti-government protests in Egypt and in Tunisia.

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Newsflash

The Taiwan Thinktank yesterday urged political parties to pay attention to China’s democratic development and refrain from falling into an “economic diplomacy” trap, which it said has replaced human rights with money power.

In a report published yesterday, the think tank said China has launched “global economic diplomacy” in the attempt to expand its global domination. It has increased its investment in the eurozone and hopes to salvage the European economy and has done the same in Africa in a bid to expand its influence on that continent.