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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

The government has hired a lawyer for Lee Ching-yu (李凈瑜), the wife of Taiwanese human rights activist Lee Ming-che (李明哲), who is being held in China on charges of subversion, Mainland Affairs Council (MAC) Deputy Minister Chiu Chui-cheng (邱垂正) said yesterday.

The council would try to obtain permission from the Chinese government for the MAC-hired lawyer, as well as Straits Exchange Foundation (SEF) personnel and private individuals to accompany Lee Ching-yu, he said.