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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

The effectiveness of the government’s policy of cross-strait detente was thrown into doubt again yesterday after a Chinese delegate to the UN Framework Convention on Climate Change (UNFCCC) in Copenhagen on Thursday opposed Taiwan’s bid for entry to the group.

A Central News Agency report said that after nine of Taiwan’s allies, including Kiribati, Palau, Gambia, Swaziland, Sao Tome and Principe, Burkina Faso, St Lucia, St Christopher and Nevis and Nicaragua, had spoken in favor of Taiwan’s bid for inclusion in the global response to climate change, a member of the Chinese delegation cited the “one China” principle and said the initiatives in favor of Taiwan’s bid to join as an observer had “hurt the feelings of the 1.3 billion Chinese people.”