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☆ Alibaba shares jump after founder Jack Ma reemerges with praise of Chinese giant's 'transformations'
▼ + stars: | 2024-04-10 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Jack Ma, founder of Alibaba, reappeared in the public view in China for the first time in months. Alibaba founder Jack Ma on Wednesday praised the company's reorganization and change over its tumultuous past year, marking the billionaire's second major public statement to employees in just a few months. Daniel Zhang, longtime CEO of Alibaba Group, unexpectedly quit and then stepped down as CEO of the company's cloud unit. Ma is reemerging at a time when Alibaba employees are likely in need of a morale boost. The Alibaba founder also said Alibaba needs to think what e-commerce looks like in three years' time, especially since the arrival of artificial intelligence.

Persons: Jack Ma, Alibaba, Ma, ByteDance, Daniel Zhang, Eddie Yongming Wu, Joe Tsai, Tsai, Wu Organizations: CNBC, Wednesday, Ant Group, Alibaba, Cainiao Locations: China, Beijing

☆ In election year, Taiwan's national day becomes polarising celebration
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +3 min

Former Taiwan President Ma Ying-jeou speaks to guests as he attends an event at Asia Society in New York, U.S. March 1, 2017. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsTAIPEI, Oct 2 (Reuters) - Former Taiwan President Ma Ying-jeou said on Monday he would boycott official celebrations for the island's national day this year after accusing the government of turning it into an overt attempt at pushing independence ahead of an election. Taiwan celebrates Oct. 10 as its national day, marking an uprising in 1911 that ended China's last imperial dynasty and ushered in the Republic of China. Taiwan Premier Chen Chien-jen, a DPP member himself, dismissed Ma's criticism, saying Ma had attended festivities previously when the English translation was Taiwan National Day. Taiwan's president, Tsai Ing-wen, will give a major speech on national day, and there will also be a military parade in front of the presidential office.

Persons: Ma Ying, Eduardo Munoz, jeou, China's, Mao Zedong's, Hou Yu, Ma, William Lai, Taiwan Premier Chen Chien, Chen, Tsai Ing, Tsai, Lai, Ben Blanchard, Gerry Doyle Organizations: Taiwan, Asia Society, REUTERS, Rights, Facebook, Kuomintang, KMT, Democratic Progressive Party, ih, Thomson Locations: New York, U.S, Rights TAIPEI, Taiwan, China, Republic of China, People's Republic of China, The Republic of China, Taiwan Premier, Beijing

☆ China says its 'priority' is to stop Taiwan VP visiting US next month
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 20 (Reuters) - It is China's "priority" to stop Taiwan's vice president and presidential frontrunner William Lai from visiting the United States next month, the country's ambassador in Washington said on Wednesday, as Beijing steps up its warnings against the trip. Provocative moves by Taiwan "separatists" should be contained, he added. "Now the priority for us is to stop Lai Ching-te from visiting the United States, which is like a grey rhino charging at us," Xie said, using Lai's Chinese language name. Taiwan President Tsai Ing-wen and her government have repeatedly offered talks with China but been rejected, as Beijing views them as separatists. In August and then again in April, China staged large-scale war games around Taiwan, angered by the August visit to Taiwan of then-U.S. House Speaker Nancy Pelosi and in April by Taiwan President Tsai Ing-wen meeting current House Speaker Kevin McCarthy in Los Angeles, while she was transitting back from a visit to Central America.

Persons: William Lai, Lai, Democratic Progressive Party's, Xie Feng, Xie, Lai Ching, Tsai Ing, Both Tsai, Nancy Pelosi, Kevin McCarthy, Ben Blanchard, Stephen Coates Organizations: United, Democratic Progressive, Aspen Security, ., Taiwan, Central America, Beijing, Thomson Locations: BEIJING, United States, Washington, Beijing, China, Taiwan, Taipei, Paraguay, Los Angeles, Central, Tapei

BEIJING/TAIPEI, July 17 (Reuters) - China reacted with anger on Monday to a planned visit next month to the United States by "separatist" Taiwan presidential frontrunner Vice President William Lai, as the government in Taipei said it saw no reason to overreact to mere transit stops. Such transits infuriate China, which views them as covert support by the United States for Taiwan's separateness from China and challenge to Beijing's territorial claims. "China firmly opposes any form of official exchanges between the United States and Taiwan, resolutely opposes sneaky visits by Taiwan independence separatists in any name or for any reason, and resolutely opposes any form of connivance by the United States to support Taiwan independence separatists," she said. Speaking to reporters, Taiwan Vice Foreign Minister Alexander Yui declined to give details on Lai's U.S. transits, saying details would come later. Pena visited Taiwan last week and met both Lai and Tsai, who cannot run for office again after serving two terms.

Persons: William Lai, Lai, Santiago Pena, Tsai Ing, Tsai, Kevin McCarthy, Mao Ning, Pena, Alexander Yui, Yui, Liz Lee, Ben Blanchard, Kim Coghill, Lincoln, Michael Perry Organizations: Central America, Foreign Ministry, Taiwan, Foreign, U.S, Thomson Locations: BEIJING, TAIPEI, China, United States, Taiwan, Taipei, U.S, Taiwan's, Los Angeles, Central, Beijing, Paraguay, Republic of China

☆ Taiwan presidential front-runner says he can keep peace with China
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

Lai, Taiwan's vice president and the candidate for the ruling Democratic Progressive Party (DPP), has consistently led the majority of opinion polls ahead of the January election. "I will support the cross-strait status quo - which is in the best interests of both the Republic of China, as Taiwan is formally known, and the international community. Lai is expected to visit the United States next month, according to diplomatic sources, as presidential candidates traditionally do, to discuss their policy agenda. Beijing views her as a separatist for refusing to accept the Chinese position that Taiwan and China are part of "one China". Both Tsai and Lai say that the Republic of China, Taiwan's formal name, is already an independent state, despite only 13 countries formally recognising it.

Persons: William Lai, Tsai Ing, Lai, Tsai, Mao Zedong's, Ben Blanchard, Gerry Doyle Organizations: Democratic Progressive Party, Beijing, Thomson Locations: TAIPEI, Taiwan, China, Republic of China, United States, Beijing, People's Republic of China

☆ Founder of Taiwan's Foxconn says China won't attack if he's president
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, April 27 (Reuters) - The billionaire founder of Taiwan's Foxconn (2317.TW) and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president as he would not declare independence. Gou, one of Taiwan's most recognisable faces, stepped down as chief of major Apple Inc supplier Foxconn, which has extensive manufacturing facilities in China, in 2019. China wanted to develop its economy and focus on things like finding jobs for college graduates and feeding its people, Gou said. But Taiwanese politicians hope because of this the people can hate China and therefore they get elected," added Gou, 72. "I won't (declare) independence, you won't attack me or fly around Taiwan," he added, referring to the almost daily missions by China's air force in the vicinity of the island.

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