DIRS.INFO The most relevant business & tech news

☆ China Says No Banned Areas Around Taiwanese Islands After Two Killed
▼ + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

BEIJING (Reuters) - There are no off limits or restricted areas for fishing around a group of Taiwanese islands close to China's coast and Beijing reserves the right to take further measures after two Chinese nationals died near the islands, the government said. Taiwan, which China claims as its own territory, has complained in recent years about Chinese fishing boats and other vessels operating in Taiwan-controlled waters, especially around the Kinmen and Matsu islands which sit a short distance from China's coast. Late on Saturday, China's Taiwan Affairs Office, which has already condemned Taipei for the incident near Kinmen's Beiding islet, said the deaths had caused "strong indignation" in China. China's Taiwan Affairs Office said the government had goodwill towards Taiwan's people, but will never tolerate Taiwan's disregard for the safety of Chinese fishermen. "The mainland reserves the right to take further measures, and Taiwan shall bear all the consequences," it added, without elaborating.

Persons: Kinmen, Taipei Mayor Chiang Wan, Xu Hao, Ben Blanchard Organizations: China's Taiwan Affairs Office, Fishermen, Taiwan Affairs Office, Taiwan Affairs Office's, Beijing Locations: BEIJING, China's, Beijing, Taiwan, China, Taipei, Xiamen, Quanzhou, Shanghai, Taipei Mayor, Taiwan Affairs Office's Shanghai

☆ China weighs options to blunt U.S. sanctions in a Taiwan conflict
▼ + stars: | 2023-10-20 | by ( Eduardo Baptista | ) www.reuters.com time to read: +10 min

"In the context of intensified Sino-U.S. strategic competition and the Taiwan Strait conflict, we should be wary of the U.S. replicating this financial sanction model against China," wrote Chen Hongxiang, a researcher at a branch of the People's Bank of China (PBOC) in eastern Jiangsu province. Wang and several PBOC researchers wrote in articles that if the U.S. implemented Russia-style sanctions on China, Beijing should freeze U.S. investment and pension funds and seize the assets of U.S. companies. ENERGY AND ALLIANCESBesides financial sanctions, Russia's response to Western pressure on its oil, gas, metals, and chips industry has given food for thought to Chinese researchers. Chinese researchers also suggested Beijing exploit cracks within the European Union and between the U.S. and its allies. "The mutual penetration of the Chinese and American economies will inevitably weaken the willingness to impose financial sanctions," he wrote.

Persons: Thomas Peter, Chen Hongxiang, Xi Jinping, Yu Yongding, Yu, PBOC, Wang Yongli, Wang, Sun, Mou Lingzhi, Xia Fan, Ye Yan, Martin Chorzempa, Chorzempa, Chen, Eduardo Baptista, David Crawshaw Organizations: REUTERS, Rights, U.S, Moscow, China, People's Bank of China, Reuters, Senior U.S, People's Liberation Army, China National Knowledge Infrastructure, China International Futures, U.S ., China Center for International Economic, Shanghai Academy of Social Sciences, China Minmetals Corporation, London Metals Exchange, Oil and Gas Exploration, Development Company, European Union, Peterson Institute for International Economics, EU, Thomson Locations: Fuzhou, Taiwan, Matsu, China, Rights BEIJING, Russia, Ukraine, Jiangsu, Beijing, Russian, U.S, Hainan, Washington, United States

☆ U.S. revives Cold War submarine spy program to counter China
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +21 min

The original network of fixed spy cables, which lie in secret locations on the ocean floor, was designed to spy on Soviet submarines seven decades ago, the three people said. China, meanwhile, is working on its own maritime spy program, known as the Great Underwater Wall, two U.S. Navy sources told Reuters. Sense of urgencyAmerica’s underwater espionage program was launched in the 1950s with a submarine detection system known as the Sound Surveillance System. The U.S. Navy’s Undersea Surveillance System The United States is expanding and upgrading its anti-submarine surveillance capabilities as tensions rise with China. Japan also operates a fleet of three ocean surveillance ships, fitted with U.S. SURTASS cables, the two U.S. Navy sources said.

Persons: Captain Stephany Moore, Richard Seif, Moore, Seif, ”, Tim Hawkins, Mariana Trench, Brent Sadler, We're, Sadler, ” Jon Nelson, Phillip Sawyer, Sawyer, United States –, SOSUS, SubCom, Stephen Askins, Lockheed Martin, Chuck Fralick, Leidos, ” Fralick, Hawkins, Richard Jenkins, Saildrone, Joe Brock, Mohammad Kawoosa, Simon Scarr, Edgar Su, Catherine Tai Design, Eve Watling, Marla Dickerson Organizations: U.S . Navy, Navy, Undersea Surveillance Command, Undersea Surveillance, United, Submarine Force U.S . Pacific Fleet, Reuters, U.S . 5th Fleet, U.S, Pacific, China Academy of Sciences, China’s Ministry of Defense, Foreign, China Naval, U.S . Naval Forces Korea, The Heritage Foundation, Department of Defense, Naval Air Station Whidbey, Processing, Undersea, Undersea Warfare, Naval Postgraduate School, Taiwan, Ships, Titan, Navy’s, CS, U.S . Department of Defense, Lockheed, U.S . State Department, An Australian Defense, Self, Defense Force, Leidos Locations: Seattle, U.S, Whidbey, China, Taiwan, Beijing, United States, Australia, Pacific, South China, Mariana, Yap, Federated States, Micronesia, Guam, Russian, Ukraine, Washington . U.S, Washington, Soviet Union, Washington State, Virginia Beach , Virginia, Monterey , California, Japan, India, States, London, Taiwan Strait, Virginia, San Francisco

☆ China to formulate 'special' measures to widen Taiwan's access to Fujian
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

A Chinese warship fires during a military drill off the Chinese coast near Fuzhou, Fujian Province, across from the Taiwan-controlled Matsu Islands, China, April 11, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Sept 14 (Reuters) - China will take a number of "special" policy measures to improve access for Taiwanese enterprises to Fujian province across the Taiwan Strait, the Chinese state planner said on Thursday, under a long-term cross-strait integrated development plan. The steps are part of a plan announced by China on Tuesday to turn coastal Fujian province into a zone for integrated development with Taiwan, which China claims as part of its territory. He added that Beijing also supports new energy cooperation between Taiwan, which it regards as a Chinese province, and Ningde, a Fujian city north of Xiamen. Strait Innovation Internet Co (300300.SZ) and Zhongfu Straits Pingtan Development Co (000592.SZ), both based in Pingtan, rose 8% and 5%, respectively.

Persons: Thomas Peter, Liang, Ryan Woo, Ethan Wang, Jason Xue, Jacqueline Wong Organizations: REUTERS, Rights, National Development, Reform Commission, Innovation Internet, Pingtan Development, Thomson Locations: Fuzhou, Fujian Province, Taiwan, Matsu Islands, China, Rights BEIJING, Fujian, Taiwan Strait, Xiamen, Kinmen, Beijing, Pingtan, China's, Zhongfu

☆ Sand dredging is 'sterilising' ocean floor, UN warns
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ann Wang/File Photo Acquire Licensing RightsGENEVA, Sept 5 (Reuters) - Around 6 billion tons of marine sand is being dug up each year in a growing practice that a U.N. agency said is unsustainable and can wipe out local marine life irreversibly. The findings from the United Nations Environment Programme (UNEP) coincide with the launch of a new platform 'Marine Sand Watch' backed by funding from the Swiss government that monitors dredging activities using marine tracking and artificial intelligence. "The amount of sand we are withdrawing from the environment is considerable and has a large impact," UNEP's Pascal Peduzzi told a Geneva press briefing. In some cases, companies remove all the sand to the bedrock, meaning that "life may never recover", Peduzzi added. China, the Netherlands, the United States and Belgium are among the countries most active in the sector, he said.

Persons: Ann Wang, Pascal Peduzzi, Peduzzi, Arnaud Vander Velpen, Emma Farge, Christina Fincher Organizations: REUTERS, Rights, United Nations Environment Programme, UNEP, University of Geneva, Thomson Locations: Taiwan, Swiss, Geneva, China, United States, Netherlands, Belgium

☆ Taiwan sends up fighters as Chinese warplanes cross strait's median line
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +3 min

TAIPEI, June 11 (Reuters) - Taiwan's air force scrambled into action on Sunday after spotting 10 Chinese warplanes crossing the sensitive median line of the Taiwan Strait, as the island's defence ministry said four Chinese warships also carried out combat patrols. In a short statement, Taiwan's defence ministry said that as of 2 p.m. (0600 GMT) on Sunday it had detected 24 Chinese air force planes, including J-10, J-11, J-16 and Su-30 fighters, as well as H-6 bombers. It did not specify where the aircraft flew but said 10 had crossed the median line of the Taiwan Strait, which separates the two sides and had previously served as an unofficial barrier. China's defence ministry did not immediately respond to requests for comment. In April, China held war games around Taiwan following a trip to the United States by Taiwan President Tsai Ing-wen.

Persons: Tsai Ing, William Lai, Lai, Tsai, Laura Rosenberger, Ben Blanchard, Martin Pollard, Michael Perry, William Mallard Organizations: Taiwan, Democratic Progressive, American Institute, Thomson Locations: TAIPEI, Taiwan, Pacific, China, Taiwan Strait, United States, Beijing, Washington, Taipei

[1/4] A Chinese warship fires at a target during a military drill near Fuzhou, Fujian Province, near the Taiwan-controlled Matsu Islands that are close to the Chinese coast, China, April 8, 2023. REUTERS/Thomas PeterFUZHOU, China, April 8 (Reuters) - A Chinese warship in seas facing the Taiwan Strait began live-fire drills on Saturday as Beijing began military exercises it calls a warning against what it considers pro-Taiwan independence forces. China views democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Smoke and muzzle flares were visible from the stern of the warship as shells were fired on targets on land and water. When asked about Taiwan, Zhao said he hopes the two sides could "reunite" as quickly as possible.

SummarySummary Companies China starts three days of drills around TaiwanTaiwan says 71 Chinese planes crossed Taiwan Strait median lineTaiwan says it will respond calmlyChina angered by Taiwan president meeting U.S. House SpeakerAnnouncement comes shortly after French president left ChinaFUZHOU, China/TAIPEI, April 8 (Reuters) - Seventy-one Chinese military aircraft crossed the sensitive median line of the Taiwan Strait on Saturday as China began drills around Taiwan in anger at President Tsai Ing-wen's meeting with the speaker of the U.S. House of Representatives. The People's Liberation Army said it had started the combat readiness patrols and "Joint Sword" exercises around Taiwan, having said earlier it would be holding them in the Taiwan Strait and to the north, south and east of Taiwan "as planned". SITUATION 'AS EXPECTED'There was no broader sense of alarm in Taiwan about the drills, where people are long accustomed to Chinese threats. European Union chief Ursula von der Leyen, also in China this week to meet Xi, said stability in the Taiwan Strait was of paramount importance. The Taiwan security source said China's recent efforts to charm foreign leaders proved in vain after the announcement of the drills.

☆ China to inspect ships in Taiwan Strait, Taiwan says won't cooperate
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

BEIJING, April 6 (Reuters) - China's Fujian maritime safety administration launched a three-day special joint patrol and inspection operation in the central and northern parts of the Taiwan Strait that includes moves to board ships, it said on its WeChat account. Taiwan's Transport Ministry's Maritime and Ports Bureau said in a statement late Wednesday said it has lodged a strong protest with China about the move. Areas covered by the operation include the Pingtan Taiwan direct container route, the "small three links" passenger route, the Taiwan Strait vessel customary route, the densely navigable areas of commercial and fishing vessels, and areas with frequent illegal sand mining activities. The "small three links" passenger route refers to boat routes between Taiwan's Kinmen and Matsu islands which sit opposite China and Chinese cities. The fleet, a joint special operation with East China Sea Rescue Bureau and the East China Sea Navigation Support Center, will continue to carry out cruise inspections in the central and northern parts of the Taiwan Strait over the next two days.

☆ U.S. and China wage war beneath the waves – over internet cables
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +28 min

Three of China’s state-owned carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd (China Unicom) – had committed funding as members of the consortium, which also included U.S.-based Microsoft Corp and French telecom firm Orange SA, according to six people involved in the deal. China Telecom, China Mobile, China Unicom and Orange did not respond to requests for comment. China Telecom, China Mobile and China Unicom were resolutely behind HMN Tech, which had come in with a bid of around $500 million. China Telecom and China Mobile threatened to walk off the project, taking tens of millions of dollars of investment with them. Among them is China Telecom, which had previously won authorization to provide services in the United States.

"We are taking notes from Zelenskiy," a senior Taiwan security official said, referring to Ukrainian President Volodymyr Zelenskiy's strong presence on social media. "We can't even fix sea cables on our own," the official said. "What if one day all 14 of Taiwan's undersea cables connecting us to the outside world break? Taiwan's military has long prepared back-up plans, including a fibre-optic network for communications within Taiwan, satellites, high-frequency radio, and microwave systems. "So the first step (for China) - with about 99 percent likelihood - is to cut our sea cables," Huang said.

☆ Taiwan says it hopes to bring back soldier who went to China
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 14 (Reuters) - Taiwan's defence minister said on Tuesday that the government is investigating the disappearance of a soldier serving on an offshore island who has been found in China, and vowed to bring him back. Speaking to reporters at parliament, Minister Chiu Kuo-cheng said: "We certainly hope to bring him back home. The minister denied what he called rumours that the soldier had fled from abusive treatment by the military. The soldier, serving on Erdan islet close to the Chinese coast, went missing last week and was found on Monday. China, which views Taiwan as its own territory, has over the past three years stepped up military and political pressure to try and get Taiwan to accept Chinese sovereignty.

☆ Taiwan says soldier who went missing has been found in China
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 13 (Reuters) - A Taiwanese soldier serving on an islet close to the Chinese coast who went missing last week has been found in China, a senior Taiwan minister said on Monday, an incident that has happened amid heightened tensions. Speaking to reporters in parliament, Chiu Tai-san, head of Taiwan's China-policy making Mainland Affairs Council, said the soldier was in China. The defence ministry and relevant departments are actively aware of the relevant progress and situation," he said. China, which views Taiwan as its own territory, has over the past three years stepped up its military and political pressure to try and get Taiwan to accept Chinese sovereignty. During the height of the Cold War, defectors from both sides would on occasion swim between China and Kinmen.

☆ Taiwan's remote islands are on the frontline with China — sometimes only a few hundred yards from Chinese troops
▼ + stars: | 2022-12-28 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

Taiwan is roughly 100 miles from mainland China, but some Taiwanese islands are much closer. Taiwan's outlying islands would stand little chance against China, but they wouldn't be easy to take. While celebrated, this year's anniversary was also a reminder of Taiwan's islands' growing vulnerability to Chinese attack. Taiwan's islands are much easier to reach. Tourists watch a Chinese military helicopter fly over Pingtan Island, one of mainland China's closest points to Taiwan, on August 4.

Search resuls for: "Matsu Islands"

14 mentions found