A senior Chinese banking regulator said Western governments must improve their oversight of financial markets and improve cross-border regulatory cooperation in order to stave off future global financial crises. In an interview with the Financial Times, Liao Min, director-general and acting head of the general office of the China Banking Regulatory Commission (CBRC), said Western […]
Category: Politics & Society
Taiwan’s Nationalist Party (KMT) chairman, Wu Poh-hsiung, arrived in Nanjing on Monday for the start of the highest-level contact between Taiwan and the mainland in 60 years, AFP reported. As head of a 16-member KMT delegation, Wu is scheduled to meet with President Hu Jintao in Beijing on Wednesday. A key issue for discussion is […]
The Dalai Lama fears losing the support of his followers in Tibet because of Beijing’s refusal to negotiate with him over the future of the territory. Speaking to the Financial Times, the Dalai Lama said Tibetans have recently showed "clear signs of frustration" with the lack of progress he has made in talks with the […]
China said on Thursday that it was preparing for the first direct talks with Taiwan in over a decade, AFP reported. In Beijing’s first official reaction to the inauguration of new Taiwanese President Ma Ying-jeou, the head of the Communist Party Central Committee’s Taiwan Work Office, Chen Yunlin said, "Currently, good developing momentum is emerging […]
Taiwan’s new president Ma Ying-jeou took office on Tuesday in a handover ceremony from outgoing President Chen Shui-bian, Reuters reported. Ma, the Nationalist Party (KMT) candidate, was elected in a landslide in March after campaigning to improve relations with mainland China. As president, Ma has pledged to create new trade and transit ties with the […]