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US rules out Taiwan free-trade agreement

The US has ruled out a free-trade agreement (FTA) with Taiwan amid a dispute over beef imports, days after the nation signed a sweeping accord with China.

President Ma Ying-jeou (馬英九) has tried to sell the landmark accord with China to voters in part by arguing that Taiwan would now be able to pursue FTAs with more countries, as Beijing would no longer object.

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Ma spokesman denies interfering with CNA content

Presidential Office Spokesman Lo Chih-chiang (羅智強) yesterday said he would pen a protest letter to Freedom House over its latest report alleging he meddled with news content while at the state-owned Central News Agency (CNA).

The Washington-based political and human rights watchdog this week released a full version of Freedom in the World 2010 that included individual country reports.

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Newsflash

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.