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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

A US military expert said China may be trying to take over Taiwan by using a strategy of “economic entanglement.”

Barry Watts, a senior fellow with the Washington-based Center for Strategic and Budgetary Assessments, told a US congressional commission this week: “Why use military force if economic entanglement leading to economic capture is succeeding?”

In testimony before the US-China Economic and Security Review Commission, Watts said that the most common scenarios for a conflict between the US and China were built around a Chinese attempt to invade Taiwan.