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China economic policy under fire at Davos

Political leaders, central bankers and financiers at the World Economic Forum have attacked China’s monetary and trade policy and questioned its ability to tackle an overheating economy.

Top Chinese officials face an increasingly difficult task saying that Beijing is acting in the interest of the world economy by keeping its yuan currency weak against the dollar and maintaining a huge trade surplus — US$196.1 billion last year.

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Formosa Betrayed Movie Opening

Dear Friends:
Formosa Betrayed will be opening in one month (February 26, 2010). We need your help in spreading the word about this important film. Tell your friends to add us at
http://profile.to/formosabetrayed/ or http://groups.to/formosabetrayedthemovie/.

Last Updated ( Thursday, 28 January 2010 14:52 ) Read more...
 


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Newsflash

Taiwan would confront the destabilizing forces working against democracies while strengthening cooperation with democratic nations, President Tsai Ing-wen (蔡英文) said in Taipei yesterday at an event marking the 20th anniversary of the state-financed Taiwan Foundation for Democracy.

Democratic nations and the rules-based international community are confronting their “greatest challenge” since the Cold War, Tsai said.

Authoritarian regimes are mounting an effort to “corrode our democratic institutions and undermine human rights” in a bid to spread societal distrust and weaken public confidence in democracy, she said.