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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

China has expanded military training aimed at Taiwan to include practice for a “short, sharp war” with Japan, a senior US naval officer has said.

Captain James Fannell, director of intelligence and information operations for the US Pacific Fleet, made the assertion at a conference in San Diego, California, on Thursday last week.

He said that all branches of the Chinese People’s Liberation Army (PLA) trained for taking over the disputed Senkaku Islands — known as the Diaoyutai Islands (釣魚台) in Taiwan — during a large military exercise held recently.