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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


Democratic Progressive Party legislators Cheng Li-chiun, left, Chen Chi-mai, center, and Yeh Yi-jin tell a press conference in Taipei yesterday about the party’s plans to issue a recall of President Ma Ying-jeou or overturn the Cabinet.
Photo: Liao Chen-huei, Taipei Times

Multiple constitutional mechanisms, including a recall of President Ma Ying-jeou (馬英九) and a no-confidence motion against the Cabinet, should be enacted simultaneously to hold Ma accountable for infringing the Constitution and staging political persecutions that have destabilized the country, Democratic Progressive Party (DPP) lawmakers said at a press conference in Taipei yesterday.

DPP Chairman Su Tseng-chang (蘇貞昌) said separately that the party would take whatever action is needed within two weeks if Ma does not apologize for his mistakes and step down.