Author: Xiao Qiang

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Taiwan Leader Won’t Declare Independence – Peter Enav

From AP: Taiwanese President Chen Shui-bian pledged Monday that before he steps down in May 2008 he will not declare formal independence — a move China has said would require it to retake the island by force. Chen’s comments on the issue were his most explicit to date. They appeared to be aimed at reassuring Washington, the island’s most important foreign partner.

December 11, 2007

China’s November Trade Surplus Rises to $26 Billion – Nipa Piboontanasawat

From Bloomberg: China’s trade surplus rose 14.7 percent in November to the third highest on record, adding fuel to U.S. Treasury Secretary Henry Paulson’s demands for faster yuan appreciation. The gap climbed from a year earlier to $26.28 billion, the Chinese customs bureau said today on its Web site. That compared with the $26.55 billion median estimate of 20 economists

December 11, 2007

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