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Taiwanese faces US smuggling charges

A 40-year-old Taiwanese has been charged with illegally smuggling US-made military items to Iran for use in its missile program.

Chen Yi-lan, also known as Kevin Chen, was arrested in Guam and is now on his way to Miami, Florida, for trial.

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Obama promises tougher stance on trade with China

US President Barack Obama promised on Wednesday to get tougher with China on enforcing trade rules, stepping up the tone amid rising friction between the two powers over Taiwan and Tibet.

Obama also hinted that he would take Beijing to task over the strength of its yuan currency, responding to growing restlessness in the US Congress over Chinese monetary policy as the US economy charts an uncertain recovery.

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Newsflash


Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen, left, and DPP Secretary-General Joseph Wu yesterday unveil their party’s new defence policy at a press conference in Taipei yesterday.
Photo: George Tsorng, Taipei Times

Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen (蔡英文) yesterday unveiled an ambitious national policy for Taiwan’s national defense industry, which the party said would help decrease Taiwan’s reliance on foreign arms exports and generate NT$400 billion (US$12.17 billion) in direct and secondary benefits.