US Secretary of State Hillary Clinton yesterday urged China to keep buying US debt as she wrapped up her first overseas trip, during which she agreed to work closely with Beijing on the financial crisis.
Clinton made the plea shortly before leaving China, the final stop on a four-nation Asian tour that also took her to Japan, Indonesia and South Korea, where she worked the crowds to try to restore the standing of the US abroad.
In Beijing, she called on Chinese authorities to continue buying US Treasuries, saying it would help jump-start the US economy and stimulate imports of Chinese goods.
“By continuing to support American Treasury instruments the Chinese are recognizing our interconnection. We are truly going to rise or fall together,” Clinton said at the US embassy.
Clinton had sought to focus on economic and environmental issues in Beijing, saying Washington’s concerns about the human rights situation should not be a distraction from those vital matters.
Beijing’s human rights record emerged nonetheless as an issue, as dissidents on Saturday reported being harassed or intimidated by Chinese authorities.
Clinton and Chinese Foreign Minister Yang Jiechi (楊潔箎) largely agreed to disagree on human rights as they pledged future joint action on the economy and climate change.
The goodwill, also on display in her talks with Chinese President Hu Jintao (胡錦濤) and Premier Wen Jiabao (溫家寶), could raise hope for a new era of cooperation between the two largest greenhouse gas emitters and two of the world’s top three economies.
Clinton began her day by attending a Protestant church service in west Beijing. Later, She met Chinese women’s rights advocates at the US embassy, but continued to steer clear of speaking on contentious human rights issues.
While expressing understanding for the weighty economic and environmental issues, dissidents who reported continued confinement in their homes yesterday urged Washington to keep human rights on the agenda.
“Chinese human rights defenders and civil society would suffer even more if the international community does not pay enough attention and [place] enough pressure on China,” prominent dissident Zeng Jinyan (曾金燕) said.
People can preregister to receive their NT$10,000 (US$325) cash distributed from the central government on Nov. 5 after President William Lai (賴清德) yesterday signed the Special Budget for Strengthening Economic, Social and National Security Resilience, the Executive Yuan told a news conference last night. The special budget, passed by the Legislative Yuan on Friday last week with a cash handout budget of NT$236 billion, was officially submitted to the Executive Yuan and the Presidential Office yesterday afternoon. People can register through the official Web site at https://10000.gov.tw to have the funds deposited into their bank accounts, withdraw the funds at automated teller
PEACE AND STABILITY: Maintaining the cross-strait ‘status quo’ has long been the government’s position, the Ministry of Foreign Affairs said Taiwan is committed to maintaining the cross-strait “status quo” and seeks no escalation of tensions, the Ministry of Foreign Affairs (MOFA) said yesterday, rebutting a Time magazine opinion piece that described President William Lai (賴清德) as a “reckless leader.” The article, titled “The US Must Beware of Taiwan’s Reckless Leader,” was written by Lyle Goldstein, director of the Asia Program at the Washington-based Defense Priorities think tank. Goldstein wrote that Taiwan is “the world’s most dangerous flashpoint” amid ongoing conflicts in the Middle East and Russia’s invasion of Ukraine. He said that the situation in the Taiwan Strait has become less stable
REASSURANCE: The US said Taiwan’s interests would not be harmed during the talk and that it remains steadfast in its support for the nation, the foreign minister said US President Donald Trump on Friday said he would bring up Taiwan with Chinese President Xi Jinping (習近平) during a meeting on the sidelines of the APEC Summit in South Korea this week. “I will be talking about Taiwan [with Xi],” Trump told reporters before he departed for his trip to Asia, adding that he had “a lot of respect for Taiwan.” “We have a lot to talk about with President Xi, and he has a lot to talk about with us. I think we’ll have a good meeting,” Trump said. Taiwan has long been a contentious issue between the US and China.
FRESH LOOK: A committee would gather expert and public input on the themes and visual motifs that would appear on the notes, the central bank governor said The central bank has launched a comprehensive redesign of New Taiwan dollar banknotes to enhance anti-counterfeiting measures, improve accessibility and align the bills with global sustainability standards, Governor Yang Chin-long (楊金龍) told a meeting of the legislature’s Finance Committee yesterday. The overhaul would affect all five denominations — NT$100, NT$200, NT$500, NT$1,000 and NT$2,000 notes — but not coins, Yang said. It would be the first major update to the banknotes in 24 years, as the current series, introduced in 2001, has remained in circulation amid rapid advances in printing technology and security standards. “Updating the notes is essential to safeguard the integrity
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