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Tsai Ing-wen needn’t apologize: Lee

Former president Lee Teng-hui (李登輝) yesterday said Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) did not need to apologize for the controversy caused by her pension savings account that provides an 18 percent preferential interest rate.

Lee said reform of the system must be fair and just and the focus must be on the system, rather than on individuals collecting the dividends.

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China’s Hu upbeat, resists US pressure on currency

Chinese President Hu Jintao (胡錦濤) urged an end to a “zero sum” Cold War relationship with the US and proposed new cooperation, but resisted US arguments about why China should let its currency strengthen.

Indeed, in a sign that the future of the US currency continues to concern the most senior levels of the Chinese government, he said the US dollar-based international currency system is a “product of the past.”

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Newsflash

DHARAMSHALA, October 30: China has produced fake propaganda films in recent weeks where Tibetans and Tibetan officials in occupied Tibet have been forced to act and speak against the ongoing spate of self-immolations in Tibet.

Phuntsok, a 20-year old Tibetan monk from Ngaba region of Tibet who set himself on fire last March calling for freedom in Tibet and return of His Holiness the Dalai Lama has been ‘depicted’ in the film.