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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 caucus whip Ker Chien-ming, center, and his colleagues yesterday hold a press conference to criticize the Chinese Nationalist Party (KMT) for passing the buck for an ongoing legislative deadlock.
Photo: Chen Chih-chu, Taipei Times

Democratic Progressive Party (DPP) Chairman Su Tseng-chang (蘇貞昌) is set to announce the party’s plan to initiate a no-confidence motion today against what it described as Presdient Ma Ying-jeou (馬英九) administration’s destruction of the Constitution and political destabilization.

Su plans to skip the Double Ten National Day ceremony and to make the announcement at a press conference titled: “Action for democracy. No-confidence motion for the people,” DPP spokesperson Lin Chun-hsien (林俊憲) said after the party’s weekly Central Standing Committee meeting yesterday.