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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

After a tariff agreement was reached this week addressing key economic issues, Taiwan and the US can now focus more on security cooperation in the Indo-Pacific region, a former White House official said on Friday.

Alexander Gray, who served as deputy assistant to the president and chief of staff of the US National Security Council during US President Donald Trump’s first term, made the comments in an interview with the Central News Agency.

Gray called the trade deal a “very positive development in the US-Taiwan relationship,” as Washington has had several disagreements with Taiwan on trade matters over the years, going back to the first Trump administration.