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Premier raises eyebrows with yuan forex comment

Premier Liu Chao-shiuan said in an interview with Dow Jones Newswires on Thursday that Taiwan could consider including the Chinese yuan in its foreign exchange (forex) reserves, but his view was not shared by other government officials.

During the interview, Liu said Taiwan could consider including the yuan in its foreign exchange reserves as cross-strait ties expand at an unprecedented pace.

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Chinese broadcasters are told to cold-shoulder BBC

The BBC’s ambitions in China, one of the fastest-growing television markets in the world, could be undermined by the Chinese government’s anger over a recent documentary about the Tiananmen Square Massacre.

The Chinese authorities are understood to have ordered state-owned broadcasters in the country not to cooperate with BBC Worldwide, the corporation’s commercial arm, after officials were angered by the film, made by the respected reporter Kate Adie to commemorate the 20th anniversary of the pro-democracy protests. It is understood that domestic broadcasters, including China Central Television (CCTV), have been told not to cooperate with BBC Worldwide in buying programs or becoming involved in coproductions. BBC News is believed to be unaffected by the row, however.

Last Updated ( Friday, 07 August 2009 08:05 ) Read more...
 


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Newsflash

China has been seeking to influence Taiwanese elections using its ties with local Matsu (媽祖) temples, academics said yesterday as they shared the results of their research published in Foreign Policy Analysis.

Liu Yu-hsi (劉裕皙), one of the authors of “In the Name of Mazu: The Use of Religion by China to Intervene in Taiwanese Elections,” said the international community has been increasingly aware of Russian and Chinese attempts to intervene in foreign elections through religion.

At a forum hosted by the Democratic Progressive Party, the associate professor at Shih Hsin University said that the Chinese Communist Party has sought to use its agents to influence small and medium-sized enterprises, those with low to middle incomes, and residents in central and southern Taiwan.