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☆ Developing Taiwan’s own ‘Starlink’ crucial for island-wide emergency, space agency says
▼ + stars: | 2024-05-04 | by ( Eric Cheung | ) edition.cnn.com time to read: +9 min

“The communication satellite is very important for our communication resilience during urgent periods,” Wu said, calling it his agency’s most sensitive project. Taiwanese authorities previously announced the space agency would develop two communication satellites, the first of which could be launched by 2026. Wu Jong-shinn, director general of the Taiwan Space Agency, speaks to CNN on March 5, 2024 in Hsinchu, Taiwan. In the future, Taiwan’s satellite system could replace third-party deals, but Wu, the space agency director, declined to provide more specific details about the project’s timeline. A rocket model in development at the Taiwan Space Agency on March 5, 2024 in Hsinchu, Taiwan.

Persons: Taiwan CNN —, Wu Jong, shinn, Elon, Wu, ” Wu, ” Starlink, Heidi Levine, John Mees, CNN Brad Tucker, you’re, ”, Su, yun, OneWeb, Sam Yeh, Lai Ching, Tsai Ing, Taiwan’s, “, CNN’s Will Ripley Organizations: Taiwan CNN, Taiwan Space Agency, CNN, Musk’s SpaceX, SpaceX, Ukrainian, The Washington Post, Communist Party, Institute for National Defense and Security Research, Australian National University, Taiwan’s Institute for National Defense and Security Research, Getty, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Triton Locations: Hsinchu, Taiwan, China, Gaza, Beijing, London, Xiamen, Taiwan's, AFP, Guiana, South America

☆ Nymphia Wind: Taiwan president sends congratulations for ‘RuPaul’s Drag Race’ win
▼ + stars: | 2024-04-21 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Taipei, Taiwan — Taiwan President Tsai Ing-wen on Saturday offered her congratulations to Taiwanese drag queen Nymphia Wind for winning “RuPaul’s Drag Race,” the first person from East Asia to take the crown. “Congratulations to you, Nymphia Wind, for being so accomplished in the difficult art form of drag, and for being the first Taiwanese to take the stage and win on ‘RuPaul’s Drag Race’,” Tsai wrote on Instagram in English. “Right after being crowned queen, you said ‘Taiwan, this is for you.’ Taiwan thanks you for living fearlessly.”Nymphia Wind and other drag queens prepare for a performance in Taipei on October 21, 2023. Stars from “Drag Race,” which has just ended its 16th season, also come to Taiwan to perform. Ann Wang/ReutersTaiwan’s openness on LGBTQ+ issues stands in marked contrast with its giant neighbor China, which claims the island as its own territory.

Persons: Tsai Ing, Tsai, ” Tsai, Ann Wang, Lai Ching, Taiwan’s Organizations: Democratic Progressive Party, DPP, Reuters, Pride Locations: Taipei, Taiwan, East Asia, Asia, East, China

☆ China’s Xi to host former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
▼ + stars: | 2024-04-10 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +10 min

Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.

Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, “, underscoring, ’ ”, Tsai Ing, –, Lai, Lai’s, fixating, ”, ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, –, Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, “, Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington

☆ Beijing Deplores Taiwan’s Next President, but Welcomes an Old One
▼ + stars: | 2024-03-31 | by ( Chris Buckley | Amy Chang Chien | ) www.nytimes.com time to read: +1 min

As tensions fester between China and Taiwan, one elder politician from the island democracy is getting an effusive welcome on the mainland: Ma Ying-jeou, a former president. Mr. Ma’s 11-day trip across China, which was set to begin on Monday, comes at a fraught time. Beijing and Taipei have been in dispute over two Chinese fishermen who died while trying to flee a Taiwanese coast guard vessel in February, and China has sent its own coast guard ships close to a Taiwanese-controlled island near where the men died. Taiwanese officials expect China to intensify its military intimidation once the island’s next president, Lai Ching-te, takes office on May 20. His Democratic Progressive Party rejects Beijing’s claim that Taiwan is part of China, and Chinese officials particularly dislike Mr. Lai, often citing his 2017 description of himself as a “pragmatic worker for Taiwan’s independence.”On the other hand, China’s warm treatment of Mr. Ma, 73, Taiwan’s president from 2008 to 2016, seems a way to emphasize that Beijing will keep an open door for politicians who favor closer ties and accept its conditions for talks.

Persons: Ma Ying, Ma’s, Lai Ching, Lai, ”, Ma Organizations: Democratic Progressive Party Locations: China, Taiwan, Beijing, Taipei, Taiwanese

☆ China built a mock-up of key area in Taiwan's capital city at a desert training site, satellite images show
▼ + stars: | 2024-03-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images show China's mock-up of Taiwan's presidential office at a desert training site. AdvertisementOut in the desert at a military training site, China has built a mock-up of a key area of Taiwan's capital city where the presidential office and other government buildings are located, satellite images show. Related storiesThe office mock-up was a convincing replica. A general view of the Presidential Office Building in Taipei. People watch a video about China's military advancements at the Military Museum in Beijing on March 3, 2024.

Persons: —, Joseph Wen, Wen, it's, Walid Berrazeg, Chiu Kuo, cheng, John Aquilino, GREG BAKER, Party's Lai Ching, Hou Organizations: Service, Alxa League, Planet Labs, Business, Planet, CCTV, Presidential, Rocket Force, Alxa, US, Pacific Command, US Armed Services House Committee, Military Museum, Getty Images, Democratic, ih Locations: China, Taiwan, Alxa, Mongolia, Taipei, Taiwan's, Zhurihe, Inner Mongolia, Beijing, AFP, Getty Images China, It's

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | ReutersBEIJING — China's top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing's support for peaceful resolutions to the Israel-Palestine and Russia-Ukraine conflicts. Wang said the U.S. has been devising "new ways to suppress China," saying U.S. accusations against China had reached an "unbelievable degree." While he said he sees a way forward for both countries, Wang said communication between both countries may only continue by respecting and recognizing differences. After the unexplained dismissal of Qin Gang as foreign minister in July last year, Wang reassumed the role.

Persons: Wang Yi, Mark Kauzlarich, Joe Biden's, Biden, Joe Biden, Xi Jinping, Wang, Qin, Wang reassumed, hasn't, Xi's, Lai Ching Organizations: Reuters, Reuters BEIJING —, China -, CNBC, Communist Party of, Qin Gang, United Nations, Democratic Progressive Party Locations: Reuters BEIJING, Israel, Palestine, Russia, Ukraine, China, China - U.S, San Francisco, South China, U.S, Gaza, Beijing, Taiwan, South

☆ Taiwan minister says 5 China coast guard ships entered waters around Kinmen
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: +1 min

Chinese coast guard ships entered prohibited or restricted waters around Taiwan's frontline islands of Kinmen on Monday, a Taiwan minister told reporters on Tuesday amid a rise in tension with Beijing. Five Chinese coast guard ships entered prohibited or restricted waters around Taiwan's frontline islands of Kinmen on Monday, a Taiwan minister told reporters on Tuesday amid a rise in tension with Beijing. China's coast guard this month began regular patrols around the Taiwan-controlled Kinmen islands, which are close to China's shores, after two Chinese nationals died trying to flee Taiwan's coast guard after their boat entered prohibited waters. Kuan Bi-ling, head of Taiwan's Ocean Affairs Council, told reporters the Chinese boats left the area shortly after Taiwan's coast guard told them to leave. Six Chinese coast guard officers last week boarded a Taiwanese tourist boat carrying 11 crew and 23 passengers to check its route plan, certificate and crew licenses, leaving around half an hour later, Taiwan's coast guard said.

Persons: Lai Ching Organizations: Taiwan's Ocean Affairs Council Locations: Kinmen, Taiwan, Beijing, Five, China's, Taiwan's, China, Taipei

☆ Taiwan fears that stalled Ukraine aid foreshadows their future if China invades
▼ + stars: | 2024-02-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Taiwanese officials expressed concern to a visiting US delegation about stalled aid to Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaiwanese officials have expressed concerns about stalled US aid to Ukraine, fearing implications for US defense support in the event of a Chinese invasion. During a three-day visit to the self-governing island, Taiwanese officials repeatedly questioned a visiting US congressional delegation about US support for Ukraine, Politico reported. US and senior Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, attended the meetings.

Persons: Donald Trump, —, Tsai Ing, Lai Ching Organizations: Service, Ukraine, Politico, Business Locations: Ukraine, China, Taiwan

☆ Congressman presses Elon Musk to provide SpaceX satellite services for US defense forces in Taiwan, report says
▼ + stars: | 2024-02-25 | by ( John L. Dorman | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A Congressman is urging Elon Musk to give SpaceX Starshield access to US forces in Taiwan. AdvertisementElon Musk is facing pressure to provide SpaceX's Starshield satellite network to US defense personnel in Taiwan, according to Forbes. However, the outlet described a "group of US lawmakers" were involved in the calls for Musk to provide satellite access to US defense forces in Taiwan. The letter then called on Musk to brief the select panel regarding Starshield's capabilities in Taiwan by March 8, Forbes reported. The request could present challenges for Musk, who has considerable business ties in China, where Tesla has a significant manufacturing presence.

Persons: Elon Musk, Forbes, —, Elon, Mike Gallagher, Musk, Gallagher, Taiwan's, Lai Ching, Tesla, hasn't, Joseph Wu Organizations: SpaceX, Service, Forbes ., Forbes . Wisconsin GOP, US Defense Department, Forbes, Street, Chinese Communist Party, New York Times, United States Congress, Times, Business Locations: Taiwan, China, Forbes, Forbes . Wisconsin, Russian, Starshield, Hong Kong

The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get access to SpaceX's Starshield, a satellite communication network designed specifically for the military. The letter, obtained by CNBC and first reported by Forbes, claimed that by not making Starshield available to U.S. military forces in Taiwan, SpaceX could violate its Pentagon contract, which requires "global access" to Starshield technology. The letter requests that Musk provide the House committee with a briefing on its Taiwan operations by March 8. Taiwan has been governing itself independently of China since the island split from the mainland during the 1949 civil war. "I think I've got a pretty good understanding as an outsider of China," Musk said on the All-In Podcast.

Persons: Elon Musk, Tesla, Forbes, Mike Gallagher, Gallagher, Tsai Ing, Lai Ching, Musk, I've, Jaushieh Joseph Wu Organizations: Fratelli, Chinese Communist Party, Elon, CNBC, SpaceX, Pentagon, U.S ., Rep, CCP, Starshield, Russia, U.S, Tesla, Foreign Locations: Italy, Rome, Taiwan, China, American, Shanghai, Hawaii

☆ Fate of U.S. aid to Ukraine package discussed on Taiwan trip, lawmakers say
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +2 min

The Republican Speaker of the U.S. House of Representatives, Mike Johnson, has so far blocked passage of the bill that includes $60 billion in new funding for Ukraine. Former Republican President Donald Trump opposes aid for Kyiv. "Every single meeting we had in Taiwan focused on Ukraine for at least part of the meeting. The lawmakers meetings in Taipei included President Tsai Ing-wen and president-elect Lai Ching-te, who won election last month and takes office in May. The committee's chair, Republican Congressman Mike Gallagher who is leading the delegation Krishnamoorthi is on, said what happened to Ukraine mattered to Taiwan.

Persons: Mike Gallagher, Han Kuo, Sam Yeh, Mike Johnson, Donald Trump, Krishnamoorthi, Putin, Xi, Vladimir Putin, Tsai Ing, Lai Ching Organizations: of, Kuomintang, KMT, Afp, Getty, U.S, Republican, U.S . House, Ukraine, Kyiv, Democratic Locations: Taipei, China, Taiwan, U.S, Ukraine

Taipei, Taiwan CNN —American support for Taiwan will continue no matter who wins the upcoming US election, House Rep. Mike Gallagher told an audience in the democratic island on Thursday, as tensions simmer between Taipei and Beijing. “I’m confident regardless of how the presidential election goes, we will maintain our support not only for Taiwan but also a posture of internationalism and engagement,” Gallagher told reporters in the capital Taipei. Gallagher said American efforts to support Ukraine’s defense against Russia’s invasion were also critical to deterring Beijing from using force against Taiwan. American lawmakers regularly visit Taiwan and have supported legislation to bolster US support for the island and its defensive capabilities. 07:53 - Source: CNNTroubled watersThe delegation’s visit comes during a period of heightened tensions between China and Taiwan, sparked by the drowning of two Chinese fishermen near Taiwan’s Kinmen Island last week.

Persons: Mike Gallagher, “, ” Gallagher, Gallagher, Donald Trump, Trump, Joe Biden, Raja Krishnamoorthi, Tsai Ing, Lai Ching, Tsai, ” Tsai, China, ”, ” “, …, ” Zhu Fenglian, Chen Chien Organizations: Taiwan CNN, Communist Party, Taiwan, NATO, Democratic, Washington, CNN, Taipei, Republican, Wisconsin, Chinese Foreign Ministry, Taiwan Affairs Locations: Taipei, Taiwan, Beijing, China, Ukraine, Europe, Raja, United States, Taiwanese, ”

☆ China’s coast guard has triggered ‘panic’ in Taiwan. That’s only part of Beijing’s plan
▼ + stars: | 2024-02-21 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +7 min

“It’s super scary,” a passenger told Taiwan’s United Daily News in a video upon returning to shore under the escort of a Taiwanese coast guard ship on Monday. “(The Chinese coast guard) chose a tourist vessel because it’s high profile – you would expect lots of people on the boat with cameras and phones,” he said. The stakes are high, as the increased presence and closer proximity of Chinese and Taiwanese coast guard vessels raise the specter of miscalculations that could potentially spiral into open conflict. Speaking to reporters about the inspection by the Chinese coast guard, Taiwan’s Defense Minister Chiu Kuo-kcheng highlighted such risks, saying the defense ministry is “very concerned” about potential miscalculations. Taiwan's coast guard inspects a vessel that capsized during a chase off the coast of Kinmen on February 14, 2024.

Persons: King Xia, ” Kuan, Taiwan’s, Ian Chong, Chong, ”, “ They’re, Chiu Kuo, Lai Ching, China’s, Nancy Pelosi’s, Tian Feilong, It’s, Tian, “, Lai Organizations: Taipei CNN, Taiwan’s United Daily News, Taiwan’s Ocean Affairs Council, Democratic Progressive Party, National University of Singapore, South China, Taiwan’s, Taiwan Coast Guard Administration Locations: Hong Kong, Taipei, Taiwanese, Kinmen, China’s, Beijing, Taiwan, Xiamen, China, East, South, Taiwan's, Nauru, Taiwan Strait

☆ China can't use civilian ships to invade Taiwan just yet, but it's getting there, says former US intelligence officer
▼ + stars: | 2024-02-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

AdvertisementChina's fleet of civilian ships earmarked for war is unlikely to successfully invade Taiwan until at least 2030. AdvertisementThese civilian ships are mostly used to ferry military assets, particularly for beach landings, in exercises focused along the Taiwan Strait, Dahm added. AdvertisementChina might also use open-deck civilian ships as sea-based landing pads for helicopters, he added. Alternatively, the civilian ships can be used to rapidly transport military resources along China's coast during war, he added. "The PLA is clearly developing required procedures and increasing proficiency using civilian ships for logistics and landing operations," he wrote.

Persons: Michael Dahm, They're, Dahm, —, William Lai Ching Organizations: Service, Mitchell Institute for Aerospace Studies, US, China Maritime Studies Institute, PLA, Trade, People's Liberation Army Locations: Taiwan, Beijing, China, Taiwan Strait

☆ Taiwan Reports Another Chinese 'Combat Readiness Patrol' Nearby
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

TAIPEI (Reuters) - Taiwan's defence ministry said it detected 14 Chinese air force planes operating around Taiwan and carrying out "joint combat readiness patrols" with Chinese warships on Wednesday. Taiwan's defence ministry said that starting around 1 p.m. (0500 GMT) on Wednesday it had detected 14 Chinese aircraft including J-16 fighters and drones operating off northern and southwestern Taiwan. Nine of those aircraft crossed the Taiwan Strait's median line, or areas close by, working with Chinese warships to carry out "joint combat readiness patrols", the ministry added. There was no immediate response from China's defence ministry. Photos You Should See View All 22 ImagesTaiwan sent its own forces to monitor, its defence ministry said.

Persons: Lai Ching, Lai, Ben Blanchard, Muralikumar Anantharaman, Sonali Paul Organizations: Taiwan Locations: TAIPEI, Taiwan, China, Taipei

☆ Stefan Irvine’s photos capture the Hong Kong villages reclaimed by nature
▼ + stars: | 2024-02-13 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Thick roots tumble across a dilapidated house, the snake-like trunks of a banyan tree framing where the front door once stood. “These villages have existed in Hong Kong for hundreds of years, way before the colonial period,” explained Irvine. In the 1950s and ‘60s, as Hong Kong grew as an industrial hub, many people migrated to the rapidly expanding urban centers for better working opportunities. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong Kong“There were calendars on the wall, school certificates in drawers — it’s quite poignant,” said Irvine. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong KongHeritage valueWhile most of the villages Irvine photographed are abandoned, he was surprised to discover not all were.

Persons: Stefan Irvine, ” Irvine, “ It’s, ”, “, Irvine, Wong Chuk, Lai Chi Wo, they’ll, Tung Ping Chau, Yim Tin Tsai, Luk Keng, Lai, they’ve, Hong, Wo Organizations: Hong Kong CNN, steely, Hong, HK, Irvine, Blue Lotus Locations: Hong Kong, Malaysian, India, Irvine, New Territories, Accounting, Hong Kong’s, London, Tai Peng, Lamma, Lai Chi, Queen's Hill, Fanling, Tung, Shenzhen, China, “, Mau, Lai, Hong

☆ Taiwan reports more Chinese balloons over Taiwan Strait
▼ + stars: | 2024-02-11 | by ( ) www.cnbc.com time to read: +2 min

A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. Taiwan's defense ministry said on Sunday it had detected eight Chinese balloons crossing the Taiwan Strait in the previous 24 hours, of which five flew across Taiwan, the second day in a row is has reported a large number of balloons. China's defense ministry did not answer calls seeking comment on Sunday. Both China and Taiwan are currently celebrating the Lunar New Year holiday, the most important festival in the Chinese-speaking world. Chinese warplanes operate daily in the Taiwan Strait and often cross its median line that previously served as an unofficial barrier between the two sides.

Persons: China's, Lai Ching, Lai Locations: Taiwan, Taipei, China, United States

☆ Taiwan Reports More Chinese Balloons Over Taiwan Strait
▼ + stars: | 2024-02-10 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) - Taiwan's defence ministry said on Sunday it had detected eight Chinese balloons crossing the Taiwan Strait in the previous 24 hours, of which five flew across Taiwan, the second day in a row is has reported a large number of balloons. In its daily report on Chinese military activities, Taiwan's defence ministry said it spotted the first balloon on Saturday morning and the last one mid-afternoon, having spotted the same number of balloons on Friday. China's defence ministry did not answer calls seeking comment on Sunday. Both China and Taiwan are currently celebrating the Lunar New Year holiday, the most important festival in the Chinese-speaking world. Chinese warplanes operate daily in the Taiwan Strait and often cross its median line that previously served as an unofficial barrier between the two sides.

Persons: China's, Lai Ching, Lai, Ben Blanchard, William Mallard, Sonali Paul Locations: TAIPEI, Taiwan, China, Taipei, United States

TAIPEI, Taiwan (AP) — With fireworks, feasts and red envelopes stuffed with cash for the kids, numerous Asian nations and overseas communities have welcomed Saturday the Lunar New Year. It begins with the first new moon of the lunar calendar and ends 15 days later on the first full moon. Firing bottle rockets and other fireworks is a traditional way of welcoming the new year and seeing off any lingering bad memories. Royal palaces and other tourist sites were also packed with visitors wearing the country’s colorful traditional “hanbok” flowing robes. Parades and commemorations are also being held in cities with large Asian communities overseas, particularly in New York and San Francisco.

Persons: Lai Ching, Han Kuo, Tsai, “, ” Tsai, Yoon Suk Yeol Organizations: Nationalist Party Locations: TAIPEI, Taiwan, China, Seoul, Southern, Paju, North Korea, Vietnam, New York, San Francisco

☆ Taiwan elects parliament speaker ruling party views as pro-China
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +1 min

Elected Legislators attend a swearing-in ceremony at the chamber of the Legislative Yuan on the first day of session in Taipei on Feb. 1, 2024. Taiwan's parliament on Thursday elected a former presidential candidate for the largest opposition party as its new speaker, who will be responsible for hosting visiting foreign lawmakers and who the ruling party has said is pro-China. The Democratic Progressive Party's, or DPP, Lai Ching-te last month won the presidential election but the party lost its majority in parliament. China, which claims Taiwan as its own despite the objections of the government in Taipei, views the DPP as separatists. Han Kuo-yu, from the largest opposition party the Kuomintang, or KMT, and who badly lost the presidential election to the DPP's Tsai Ing-wen in 2020, won the election for the speakership.

Persons: Yuan, Lai Ching, Han Kuo, Tsai Ing, Nancy Pelosi Organizations: Democratic Progressive, Kuomintang, KMT, . Locations: Taipei, Taiwan's, China, Taiwan

☆ Ken Griffin says Chinese invasion of Taiwan could spark a new Great Depression
▼ + stars: | 2024-01-31 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Ken Griffin told CNBC that a war over Taiwan could spark a new Great Depression. AdvertisementKen Griffin has warned that a war over Taiwan could spark a new Great Depression. The Citadel founder told CNBC that a Chinese invasion of Taiwan would have "catastrophic" consequences for both the American and Chinese economies. And by catastrophic I think you're looking at Great Depression circumstances," Griffin told CNBC's "Squawk on the Street" during the MFA Network conference in Miami on Tuesday. Those chips are used in every part of our economy," Griffin told CNBC.

Persons: Ken Griffin, —, Griffin, CNBC's, Lai Ching, Xi Jinping, Joe Biden Organizations: CNBC, Service, Citadel, Network, Boeing Locations: Taiwan, Miami, Beijing, China

☆ China surrounding Taiwan would be enough to drag the US into military conflict, said the majority of 52 US experts
▼ + stars: | 2024-01-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The US military is likely to intervene if China enacts a quarantine or blockade in China, experts say. Almost all of the surveyed experts — 96% — said the US would join the fight if China were to fully invade Taiwan. Experts aren't confident that US allies will get involvedHowever, the experts weren't as confident that US allies would jump into the conflict. Meanwhile, 60% of the experts were confident that US allies would assist militarily if China were to invade the island. CSIS also surveyed 35 experts and scholars from Taiwan, who were less optimistic about US intervention.

Persons: —, Joe Biden, Xi Jinping, William Lai Ching, Tsai Ing, Beijing's, Xi Organizations: CSIS, Pentagon, Service, Center, Strategic & International Studies, People's Liberation Army, APEC, Democratic Progressive Locations: China, Taiwan, Beijing, Washington, Taipei, San Francisco

☆ Beijing intensifies military pressure on Taiwan as U.S.-China talks resume
▼ + stars: | 2024-01-27 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

From 6 a.m. Friday to 6 a.m. Saturday local time, China sent 33 military aircraft and six naval vessels toward Taiwan, according to Taiwan's Defense Ministry. For example, at their meeting, Sullivan and Wang confirmed the plan to launch a collaborative U.S.-China "Counternarcotics Working Group" on Tuesday to address the fentanyl crisis. The contentious issue comes up at nearly every U.S.-China meeting, including the high-profile talks between President Joe Biden and Chinese President Xi Jinping in November. China's military pressure on Taiwan comes during what senior administration officials have called "a period of higher tension." Lai was China's least favorite candidate due to his support of maintaining Taiwan's status quo.

Persons: Xi Jinping, Joe Biden, Jake Sullivan, Wang Yi, Sullivan, Wang, Mr, Lai Ching, Lai Organizations: U.S, Foreign, Taiwan's Defense Ministry, Democratic Progressive Party, U.S . Locations: Filoli, U.S ., California, Beijing, Taiwan, China, Taiwan Strait, U.S, United States, PRC, Bangkok

But the meeting failed to resolve any of their major differences, many of which have international implications. In a White House statement Saturday on the meeting, Sullivan stressed the importance of maintaining peace and stability across the Taiwan Strait. China claims self-ruled Taiwan as its own territory and in recent years has shown its displeasure at political activities in Taiwan by sending military planes and ships. Lai’s Democratic Progressive Party largely campaigned on self-determination, social justice and a rejection of China’s threats. Sullivan highlighted that although Washington and Beijing are in competition, both sides have to “prevent it from veering into conflict or confrontation,” it added.

Persons: Wang Yi, Jake Sullivan, Wang, Joe Biden, ” Wang, Sullivan, Xi Jinping, Lai Ching Organizations: BEIJING, U.S . National, Democratic Progressive Party, U.S, China - Locations: Washington, Taiwan, Thai, China, U.S, Bangkok, Malta, Vienna, Taiwan Strait, Ukraine, East, North Korea, South China, Myanmar, Beijing

☆ Taiwan's political disrupter could be kingmaker in a split parliament. Here's why it matters
▼ + stars: | 2024-01-26 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan People's Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change. Since this social movement has not fully materialized, let's keep working hard," the former Taipei City Mayor told supporters in Mandarin. That kind of populist messaging appeals to people who feel like Taiwan's current economic and political system is not benefiting them. Taiwan's young and restlessIn any case, Taiwan's two major parties now face a battle to cater to younger voters that could come at the expense of older votes or a focus on broader strategic interests.

Persons: Ko Wen, Cheng, we'll, Ko, let's, Wei, Ting Yen, Sara Newland, Taiwan's, Newland, Lai Ching, Taiwan People's Party —, —, Yuan, Beijing's, Tsai Ing, Annice Lyn, Xi Jinping, Lily, Hwa CHENG, HWA CHENG, Ho Organizations: Taiwan People's Party, AFP, Getty, TAIPEI, Taipei City Mayor, Democratic Progressive Party, Kuomintang, Franklin, Marshall College, CNBC, Sara Newland Smith, Ko's, Taipei, KMT, Smith College, National Taiwan University, Democratic, Chinese Communist Party, HWA, Afp, Sunflower Movement Locations: Taiwan, New Taipei City, China, Taipei, Xinzhuang, AFP

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