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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


Office of Deputy Chief of the General Staff for Intelligence Deputy Chief Yang Ching gives a briefing at the Ministry of National Defense in Taipei last night.
Photo: Chu Pei-hsiung, Taipei Times

The Ministry of National Defense yesterday criticized the Chinese Communist Party (CCP) for holding a joint naval-air exercise 90 nautical miles (166km) off the coast of Taiwan, as the Ministry of Foreign Affairs called on the global community to squarely face up to the threat posed by China.