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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


Former Council for Cultural Affairs minister Emile Sheng talks to reporters yesterday after the Taipei District Prosecutors’ Office said it had found no evidence of corruption in relation to the musical “Dreamers” performed in October last year. Photo: Liu Hsin-de, Taipei Times

The Taipei District Prosecutors’ Office yesterday closed its investigation into the bidding process of the centennial musical Dreamers (夢想家), and said that no irregularities were involved.

The Democratic Progressive Party (DPP) filed lawsuits in November last year against President Ma Ying-jeou (馬英九), then-premier Wu Den-yih (吳敦義) and former Council for Cultural Affairs minister Emile Sheng (盛治仁), accusing them of allowing certain performance companies and individuals to profit from staging the musical to celebrate the 100th anniversary of the Republic of China.