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Obama promises tougher stance on trade with China

US President Barack Obama promised on Wednesday to get tougher with China on enforcing trade rules, stepping up the tone amid rising friction between the two powers over Taiwan and Tibet.

Obama also hinted that he would take Beijing to task over the strength of its yuan currency, responding to growing restlessness in the US Congress over Chinese monetary policy as the US economy charts an uncertain recovery.

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Ex-KMT legislator Diane Lee receives two-year sentence

Taipei District Court judges yesterday found former Chinese Nationalist Party (KMT) legislator Diane Lee (李慶安) guilty of fraud and forgery over her possession of dual citizenship and sentenced her to two years in prison.

Lee was convicted of four counts of fraud in connection to her US citizenship. An original four-year sentence was commuted to two years.

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Newsflash


US President Joe Biden speaks at the Democratic National Committee winter meeting in Washington on Thursday.
Photo: Bloomberg

US President Joe Biden was yesterday set to call for an end of normal trade relations with Russia, clearing the way for increased tariffs on Russian imports, people familiar with the matter said.

His announcement to revoke the trade privileges was to come alongside similar measures by G7 nations and EU leaders, the people said.