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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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Ex-KMT legislator Diane Lee receives two-year sentence

Taipei District Court judges yesterday found former Chinese Nationalist Party (KMT) legislator Diane Lee (李慶安) guilty of fraud and forgery over her possession of dual citizenship and sentenced her to two years in prison.

Lee was convicted of four counts of fraud in connection to her US citizenship. An original four-year sentence was commuted to two years.

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Newsflash


Academia Sinica researcher David Huang, Taiwan Brain Trust president Wu Rong-i, Taiwan Association of University Professors president Chang Yen-hsien and People First Party Deputy Secretary-General Liu Wen-hsiung, left to right, speak at a forum about President Ma Ying-jeou’s inauguration speech in Taipei yesterday.
Photo: Liu Hsin-de, Taipei Times

President Ma Ying-jeou’s (馬英九) inaugural speech on Sunday was vague, conflicting and cliched, addressing neither what should be done to solve domestic economic woes nor uphold Taiwan’s sovereignty, political analysts told a forum yesterday.

The president did not address what he would do to rejuvenate Taiwan’s economy, nor did he apologize for a series of ill-advised policies, such as fuel and electricity price increases and the controversy over imports of meat containing the feed-additive ractopamine, said Wu Rong-i (吳榮義), president of the Taiwan Brain Trust think tank, which organized the forum.