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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

Imprisoned Chinese dissident Liu Xiaobo (劉曉波), a key participant in the “Charter 08” initiative, was awarded this year’s Nobel Peace Prize yesterday for using non--violent means to demand fundamental human rights in his homeland, igniting a furious response from China, which accused the Norwegian Nobel Committee of violating its own principles by honoring “a criminal.”

Chinese state media immediately blacked out the news and Chinese government censors blocked Nobel Prize reports from Web sites. China declared the decision would harm its relations with Norway, while the Nordic country responded that was a petty thing for a world power to do.