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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


Former Chinatrust Financial Holding Co vice chairman Jeffrey Koo Jr, left, arrives for a hearing at the Taiwan High Court in Taipei yesterday.
Photo: Wang Yi-sung, Taipei Times

The Supreme Prosecutors’ Office Special Investigation Division (SID) told former Chinatrust Financial Holding Co (中信金控) vice chairman Jeffrey Koo Jr (辜仲諒) in Japan that he would not be detained if he made a legal statement against former president Chen Shui-bian’s (陳水扁) family, Koo Jr’s attorney said yesterday.

As such, Koo’s statement should not be used as evidence in court, Koo Jr’s attorney Fang Po-hsun (方伯勳) told a court hearing yesterday.