DIRS.INFO The most relevant business & tech news

☆ The red flags that will tell us when China's actually ready to invade Taiwan
▼ + stars: | 2024-04-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +12 min

"I don't think they lack for anything that they need," Lyle Goldstein, director of Asia engagement at Defense Priorities, said of China's forces. Military forces are being deployed nearer to Taiwan than ever, effectively shortening Taiwan's reaction time. Stockpiling of China's rocket force, too, suggests it would have more than enough missiles and rockets to target Taiwan. One common concern is that as China's military exercises around Taiwan have grown in frequency and size, the line between exercise and potential attack is becoming blurred. Xie Huanchi/Xinhua via Getty ImagesExperts, as well as US and Taiwan lawmakers and military officials, have long debated about the readiness of the People's Liberation Army as China's military is known.

Persons: —, Lyle Goldstein, Stringer China, Xi, Thomas Shugart, who's, Shugart, Goldstein, Mike Studeman, Xi Jinping, Dean Cheng, haven't, Cheng, Xie Huanchi, There's, Kyle Amonson, Dane Egli, Annabelle Chih, Getty Images Goldstein, Joe Biden Organizations: Service, Business, Defense, REUTERS, Taiwan's, Taiwan's Ministry of Defense, US Department of Defense, China Economic, Security, PLA, Patriot, US, Center, New, New American Security, Marine Corps, China Coast Guard, Scarborough, ROSA, Military, of Naval Intelligence, Pacific Command, US Institute of Peace, of, People, Getty Images, People's Liberation Army, CCP, Soviet, Center for Strategic, International Studies, Japan, US Coast Guard, Chinese Communist Party, Democratic Progressive Party, Kyodo, Stills Locations: China, Taiwan, Asia, Liaoning, Beijing, New American, AFP, Hong Kong, Xinhua, DoD's China, Cuba, US, Tainan, Japan, Philippines

☆ Opinion: Right now, I’d rather raise my child in Taiwan than America
▼ + stars: | 2024-04-22 | by ( Opinion Clarissa Wei | ) edition.cnn.com time to read: +10 min

My dad still remembers the anxiety that engulfed the island when the United States cut off diplomatic recognition of Taiwan in favor of the People’s Republic of China in 1979. My parents considered America a safe haven and wanted me to grow up with all its comforts. Of course, comparing the United States and Taiwan this way without acknowledging the nuanced socio-political contexts can be misleading. Clarissa WeiThe biggest shift, then, has been how the people of Taiwan perceive the United States. The United States, on the flip side, is the 131st.

Persons: Clarissa Wei Editor’s, Clarissa Wei, “, ”, Annabelle Chih, there’s, Tyrone Siu, Donald Trump, Joe Biden, “ Wei, Ting Yen, I’m, nodded, Billy H.C, Kwok, It’s, Republican —, Xi Jinping, “ Trump Organizations: Taipei CNN, CNN, America, Metro, Trump, Taiwan, Franklin & Marshall College, 131st, San Francisco Bay Area, China’s Communist Party, Republican Locations: Taiwanese American, Taipei, Taiwan, China, United States, People’s Republic of China, America, Los Angeles, Taiwanese, Kaohsiung, San Francisco Bay

Hualien, Taiwan CNN —Wu was preparing breakfast for guests at the small hotel he runs in Taiwan’s Hualien County when the shelves around him shook violently and the mountain behind his house roared. “It’s not too bad.”Video Ad Feedback Rescue efforts underway in Taiwan after deadly earthquake 02:54 - Source: CNNA checkpoint is set up outside Taroko Gorge just north of Hualien city in Taiwan. Yan Zhao/AFP/Getty ImagesWorkers demolish a damaged building following the earthquake in Hualien County, Taiwan on April 4, 2024. Annabelle Chih/Getty ImagesTaiwan’s recent push for preparedness comes from the hard lessons learned from the devastating quake 25 years ago, experts say. That quake left more than 100,000 buildings across Taiwan completely or partially collapsed, including nearly 300 schools.

Persons: Taiwan CNN — Wu, Wu, “, ”, It’s, Annabelle Chih, Chong, “ I’ve, Hualien . Yan Zhao, Tyrone Siu, Daniel Aldrich, Sam Yeh, Aldrich, ” Aldrich, “ They’ve, –, Wei Chia, Wei Organizations: Taiwan CNN, CNN, ”, Getty, Workers, Reuters, Northeastern University Locations: Hualien, Taiwan, Taiwan’s Hualien County, Taroko, Hiroshima, Hong Kong, Shanghai, “, Hualien . Yan, AFP, Hualien County, Haiti, India, China, Taipei

☆ Taiwan Says It Will Sever Diplomatic Relations With Nauru
▼ + stars: | 2024-01-15 | by ( Joyu Wang | Chun Han Wong | ) www.wsj.com time to read: 1 min

Voters in Taiwan chose the current vice president, Lai Ching-te, center, as president-elect. Photo: Annabelle Chih/Getty ImagesTaiwan will end formal relations with the Pacific island nation of Nauru as a result of Chinese efforts to poach Taipei’s diplomatic partners, a senior Taiwanese government official said Monday. The move comes days after Taiwan’s ruling party won a closely fought presidential election, putting current Vice President Lai Ching-te—whom Beijing condemns as a separatist—in position to become the leader of the democratically self-ruled island in May.

Persons: Lai Ching, Annabelle Chih, poach Locations: Taiwan, Pacific, Nauru, Beijing

☆ Taiwan made its choice on who will lead it into an uncertain future as China remains hellbent on controlling it, and tough times may lie ahead
▼ + stars: | 2024-01-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Read previewTaiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. While experts still assess that an invasion of Taiwan remains unlikely in the near future, that doesn't diminish concerns about other ways China could squeeze the island. AdvertisementTaiwan's Vice President and presidential candidate for the ruling Democratic Progressive Party (DPP) Lai Ching-te (C) casts his ballot to vote on January 13, 2024, in Tainan, Taiwan. Nevertheless, the win marks the first time a political party in Taiwan has won a presidential election three times in a row. The supporters of Democratic Progressive Party (DPP) cheer at an election campaign on January 12, 2024 in Tainan, Taiwan.

Persons: —, Party's Lai Ching, Lai's, Lai, Tsai Ing, Lai Ching, Tsai, Getty Images Lai, Hou, Ko Wen, Amanda Hsiao, Annabelle Chih, Nancy Pelosi, flack, Annice Lyn, He's, Hsiao, Hao, Hou Yu, Beijing's, Chuan Kang, Xi Jinping, It'll, Joe Biden's, Xi, Biden, it's, BRENDAN SMIALOWSKI Organizations: Service, Democratic, Taiwan, Business, Democratic Progressive Party, Getty Images, ih, Taiwan's People Party, Kuomintang, KMT, Getty, Washington, NBC, US, People's Liberation Army Locations: Taiwan, China, Beijing, Taipei, New Taipei City, AFP, Tainan, Taichung, Taipei , Washington, San Francisco

☆ China skeptic Lai Ching-te wins Taiwan's presidential election
▼ + stars: | 2024-01-13 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan's President-elect Lai Ching-te (left) gestures beside his running mate Hsiao Bi-khim during a rally outside the headquarters of the Democratic Progressive Party (DPP) in Taipei on January 13, 2024, after winning the presidential election. The outcome of the presidential election on Saturday riled Beijing, which has repeatedly labeled Lai as a "stubborn worker for Taiwan independence" and a dangerous separatist. Annabelle Chih | Getty Images News | Getty ImagesDPP's Lai — Taiwan's current vice-president — won more than 40% of the popular vote in Taiwan's eighth presidential election. DPP is the first party to win the presidential office three times in row since direct presidential elections were introduced in 1996. This year, 71.9% of all eligible voters cast their ballots for the presidential election, according to preliminary data from Taiwan's Central Election Commission.

Persons: Lai Ching, Hsiao Bi, Yasuyoshi Chiba, Lai, Tsai Ing, Tsai, Annabelle Chih, DPP's Lai, Taiwan's, —, Beijing's, Hou, Ko Wen, Chen Binhua, Chen, Xi Jinping, Antony Blinken, Ko, Wei, Ting Yen Organizations: Democratic Progressive Party, AFP, Getty, TAIPEI, Saturday, Beijing, Chinese Communist Party, DPP, KMT, Chinese Communist Party officials, Democratic Progressive, Kuomintang, Taiwan People's Party, Taiwan's, Taiwan Affairs Office, State Council, CNBC, Franklin, Marshall College, Taiwan's DPP Locations: Taipei, Taiwan, China, U.S, Taiwan Strait, Beijing, Taiwan —, Republic of China, Xinhua, United States

☆ China’s Best Hope for the Taiwan Presidential Election Just Fell Apart
▼ + stars: | 2023-11-24 | by ( Joyu Wang | ) www.wsj.com time to read: 1 min

A supporter of the opposition Nationalist Party waves a Taiwanese flag outside the Central Election Commission. Photo: Annabelle Chih/Getty ImagesTAIPEI—A last-minute effort by Taiwan’s opposition parties to combine forces in a coming presidential election has crumbled in spectacular fashion, increasing the likelihood that the island democracy will continue as a central flashpoint in ties between the U.S. and China. Taiwan’s main opposition Nationalist Party, also known as the Kuomintang, struck a surprise deal last week with the Taiwan People’s Party to unite in a coalition ticket favoring friendlier ties with China that political analysts said had a real shot of coming out on top in the island’s presidential contest in January.

Persons: Annabelle Chih Organizations: Nationalist Party, TAIPEI, U.S, Kuomintang, Taiwan People’s Party Locations: China

A man wearing a face mask passes in front of screens showing trading data while using an escalator outside Taiwan Stock Exchange in Taipei, Taiwan March 20, 2023. REUTERS/Annabelle Chih/File Photo Acquire Licensing RightsTAIPEI, Aug 18 (Reuters) - Foreign investors seem to be undeterred by the possibility that growing tensions between Taiwan and China could precipitate fund outflows from the Taiwan market, the chairman of the Taiwan Stock Exchange told Reuters. Taiwan Stock Exchange Chairman Sherman Lin said in an interview this was a natural plateau after a rally rather than a sign that foreign funds are fleeing the market. "We have talked to foreign investors, including from countries such as Japan and Singapore. "Even with the regular sight of Chinese warplanes flying around, why have foreign investors not left the Taiwan market?"

Persons: Annabelle Chih, Sherman Lin, Lin, Faith Hung, Roger Tung, Jacqueline Wong Organizations: Taiwan Stock Exchange, REUTERS, Rights, Reuters, Investment, Depository Trust, Clearing, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, China, Asia, Japan, Singapore, New York, Boston

☆ A Chinese invasion of Taiwan is a real and dangerous possibility that could wreck armies and ruin the global economy worse than the 1929 stock market crash
▼ + stars: | 2023-01-29 | by ( Jacob Zinkula | Jake Epstein | ) www.businessinsider.com time to read: +11 min

Experts say the military and economic impacts for could be catastrophic, and not just for China and Taiwan. Whether it's 2030, 2027, 2025, or even this year, experts say it could wreak havoc on the global economy and take a devastating toll on the militaries involved. CFOTO/Future Publishing via Getty ImagesThough China's actions have stirred fears of a possible Chinese attack, the US military assesses that an invasion of Taiwan would prove extremely difficult for the Chinese military. Threats to one company could spell catastropheLooking at this situation from an economic perspective, a Chinese invasion of Taiwan could mean trillions of dollars in losses and a serious global recession. Others have argued it's in the self interest of both China and the United State to overplay the likelihood of a Taiwan invasion.

☆ Ditching noncompete clauses would be a win for workers' rights and employees in low-wage jobs
▼ + stars: | 2023-01-06 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +5 min

Noncompetes prevent some workers in low-wage jobs from leaving for better opportunities. If the FTC succeeds in banning noncompete clauses, it can be an important win for low-wage workers and a pivotal moment in the push for workplace equity, advocates for the change say. Annabelle Chih/Getty ImagesCritics point out that many workers subject to noncompete language aren't high-profile executives who've amassed trade secrets — they're average workers. In 2015, The Verge reported on Amazon's use of noncompete agreements for warehouse workers. "Noncompete agreements help artificially stifle competition in the labor market, allowing employers to keep wages low by limiting workers' employment options," Constant wrote.

☆ Nvidia, Foxconn to build autonomous vehicle platforms
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +1 min

[1/2] A woman walks past the logo of Foxconn outside a company's building, in New Taipe City, Taiwan December 22, 2022. REUTERS/Annabelle Chih/File PhotoJan 3 (Reuters) - Chipmaker Nvidia Corp (NVDA.O) and electronics manufacturer Foxconn (2317.TW) announced a partnership on Tuesday to develop autonomous vehicle platforms. Taiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip made specifically for computing in connected and autonomous vehicles. The ECUs will serve the global automotive market, Foxconn said. Foxconn, which operates a vehicle manufacturing facility in Ohio, said its vehicles will contain ECUs based on DRIVE Orin and Nvidia's DRIVE Hyperion sensors for autonomous driving.

☆ Fast-Fashion Brands Like Zara, Shein Create Mountains of Waste From Holiday Shopping, Returns
▼ + stars: | 2022-12-22 | by ( Gad Allon | ) www.businessinsider.com time to read: +12 min

A report by the Ellen MacArthur Foundation found that, globally, less than 1% of used clothing is actually recycled into new clothes. Recycling clothes is expensive, and the existing technology isn't adequate to handle the volume needed to make a difference for the planet. While recycling clothing can be expensive, there are some companies that have figured out a way to limit waste by recycling. Time to be honestIn order to fix fast fashion, companies need to start being more transparent about their sustainability practices. It also ensures that the waste companies produce is out in the open.

Search resuls for: "Annabelle Chih"

12 mentions found