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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


President Tsai Ing-wen, center, observes a joint military exercise from the destroyer Keelung in waters off Yilan County’s Suao yesterday.
Photo: CNA, Courtesy of the Military News Agency

President Tsai Ing-wen (蔡英文) yesterday praised a military drill she observed in waters off eastern Taiwan and denied she was trying to upstage Chinese President Xi Jinping (習近平) as China prepares to hold military exercises in the Taiwan Strait.