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China official on key Taiwan trip says comes with sincerity TAOYUAN: China's top official in charge of Taiwan ties arrived on the island on Wednesday to begin landmark talks aimed at wooing Taiwanese who remain suspicious about a pending trade pact and autocratic China's designs on Taiwan."It took three hours for me to fly here from Beijing, but it took 65 years for both sides across the Taiwan Strait to come this far," said Zhang Zhijun, director of China's Taiwan Affairs Office, as he sat down for talks with Taiwan's Mainland Affairs Minister Wang Yu-chi."I come here full of sincerity in my heart," said Zhang, the first head of the Taiwan Affairs Office to visit the self-ruled and democratic island where defeated Nationalists fled after losing a civil war to China's Communists in 1949.His four-day trip focuses not on the affluent capital Taipei but on the poorer middle and south, which have benefited less from trade with China and where ...

800 Taliban fight Afghan troops in five-day battle: officials KANDAHAR: More than 800 Taliban insurgents have launched a major offensive in southern Afghanistan to try to gain territory recently vacated by US troops, officials said Wednesday, with 40 civilians killed in five days of fighting.About 100 Taliban have been killed, according to the interior ministry, in clashes that erupted as Afghanistan wrestled with a political crisis over alleged fraud in the June 14 election to choose a successor to President Hamid Karzai.Local officials in ...
Japan PM Abe says 'positive cycle' emerging in economy TOKYO: Japanese Prime Minister Shinzo Abe said on Tuesday that a "positive cycle" was appearing in the country's economy as rising corporate revenues lead to higher wages and household income.But Abe said the recovery has yet to reach broader sectors of the economy, stressing the need to ensure the positive economic cycle does not end up as a temporary phenomenon."The mandate of 'Abenomics' is to make people across Japan feel the benefits of the economic ...
India may extend caps to more drugs MUMBAI: India's health ministry has formed a committee that will meet for the first time on Tuesday to consider raising the number of drugs deemed essential and subject to price caps, people directly involved in the process said. The committee will consider adding more drugs to the National List of Essential Medicines (NLEM), all of which would then come under price controls, one of the people told Reuters. New Delhi last year raised the number ...
Sri Lanka Muslims call off protest over deadly attacks COLOMBO: Sri Lankan Muslims called off a planned protest Monday to denounce a series of attacks by Buddhist extremists after police warned their action could further inflame religious tensions.The Sri Lanka Thawheed Jamaath (SLTJ) said they were calling off their demonstration in the capital as well as a work stoppage after talks with a senior police officer in charge of security in the capital."As to a request of Senior Deputy Inspector General Anura Senanayake the ...
Iran rejects US action in Iraq as militants push east ANBAR: Iran's supreme leader condemned U.S. intervention in Iraq on Sunday, accusing Washington of seeking control as insurgents drove toward Baghdad from the Syrian border and consolidated positions in the north and west.The statement by Ayatollah Ali Khamenei was the clearest statement of opposition to a U.S. plan to dispatch of up to 300 military advisers in response to pleas from the Iraqi government and runs counter to speculation that old enemies Washington and Tehran ...
China urges peaceful development of seas, says conflict leads to ‘disaster’ SHANGHAI: China, involved in a growing dispute with its neighbours over the energy-rich South China Sea, wants to promote peaceful development of the oceans, Premier Li Keqiang said, warning conflicts in the past had only brought "disaster for humanity".China claims almost the entire ocean, rejecting rival claims to parts of it from Vietnam, the Philippines, Taiwan, Malaysia and Brunei in one of Asia's most intractable disputes and a possible flashpoint. It also has a long-running ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln