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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


Ketagalan Foundation chairman Mark Chen speaks at a forum discussing the Democratic Progressive Party’s strategy for returning to power.
Photo: Liao Chen-huei, Taipei Times

Comparing the Democratic Progressive Party’s (DPP) China policy under former president Chen Shui-bian (陳水扁) and the party’s current policy is hard because of the rapidly changing dynamics of international politics, but there is no doubt that cross-strait policy during the Chen era was more than “eight lost years,” as some say, DPP members and academics said yesterday.

“The years between 2000 and 2008 were not lost years, but eight legendary, glorious years,” You Ying-lung (游盈隆), deputy executive director of the DPP’s think tank, told a forum in Taipei.