Taiwan reveals cautious first budget as Tsai pledges growth

Taiwan's new government unveiled its first budget Thursday as it tries to kickstart the island's fragile economy, but the cautious spending plan raised questions over whether it was investing enough. President Tsai Ing-wen was voted in by a landslide in January partly because of public anger over stagnant wages, lack of job opportunities and a rising cost of living. Trade deals with China under former leader Ma Ying-jeou were seen as helping big business, not the ordinary citizen.