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Chen's son denies interest in poll race

Chen Chih-chung (陳致中), the son of former president Chen Shui-bian (陳水扁), yesterday denied expressing any intention to run for public office, saying the media had misinterpreted a comment he had made a day earlier.

His comment, however, drew mixed reactions from his party, with some Democratic Progressive Party (DPP) members saying that having him run for Kaohsiung City councilor would not be a burden on the party, while others saying it could affect public perception of the party.

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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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Newsflash

Taiwan ranked 12th among 165 jurisdictions around the world and first in Asia in this year’s Human Freedom Index with a score of 8.56, retaining its position from the previous year.

The index, compiled by the Washington-based Cato Institute and the Vancouver-based Frasier Institute, ranked 165 jurisdictions for “personal,” “economic” and “human” freedom in 2021, the most recent year for which sufficient data were available, the report said.

Taiwan scored 7.97 for economic freedom, or ranking 11th in the world — up from 24th in 2020 — and 8.98 for personal freedom, 12th and unchanged from 2020.