Friday, November 30, 2012

The 18th Congress of the CPC: new faces and old challenges

l  Without any real surprises, the Communist Party of China (CPC) concluded the weeklong 18th Party Congress and ushered in a new generation of leaders led by Xi Jinping and Li Keqiang.

l  Though the size of the Politburo’s Standing Committee was reduced from 9 to 7, the collective form of policymaking will remain intact as different forces within the CPC continue to compete for a voice in China’s power hierarchy...

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Saturday, November 24, 2012

Different perceptions across the Taiwan Strait

According to a recent survey, the majority of Chinese respondents viewed Taiwan's government as “friendly,” but the feeling was not mutual as most Taiwanese participants in the survey did not feel the same way toward Beijing. A number of factors could be responsible for such a gap in perception of the other, particularly...

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Tuesday, November 6, 2012

Taiwan’s unemployment rate dipped slightly in September

l  According to Taiwan's Directorate General of Budget, Accounting and Statistics (DGBAS), the island's unemployment rate in September fell by 0.08 percentage points from a month earlier to 4.32 percent. However, the seasonally adjusted rate in September was 4.3 percent, which was 0.01 percentage points higher than in August and the highest it has been since November 2011.

l  The number of jobless people reached 491,000 in September, which amounted to a decrease of 11,000 from the August level. Unless Taiwan experiences a series of large-scale layoffs, the government expects the overall unemployment rate to continue improving in the coming months once first-time job seekers are absorbed into the job market.

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