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☆ Map: 7.4-Magnitude Earthquake Strikes Taiwan
▼ + stars: | 2024-04-02 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

Map: 7.4-Magnitude Earthquake Strikes TaiwanShake intensityA major, 7.4-magnitude earthquake struck the eastern coast of Taiwan on Wednesday, according to the United States Geological Survey. The temblor happened at 7:58 a.m. Taipei time about 11 miles southwest of Hualien City, Taiwan, data from the agency shows. Aftershocks in the regionAn aftershock is usually a smaller earthquake that follows a larger one in the same general area. Aftershocks are typically minor adjustments along the portion of a fault that slipped at the time of the initial earthquake. These events can be of equal or larger magnitude to the initial earthquake, and they can continue to affect already damaged locations.

Organizations: United States Geological Survey Locations: Taiwan, Taipei, Hualien City

The temblor set off at least nine landslides, collapsing hillsides onto the Suhua Highway in Hualien, according to local media reports. The quake was centered in the waters off Hualien, according to the United States Geological Survey. The epicenter was about 10 miles under the earth’s surface, according to Taiwan. Here is the latest: In Japan, tsunami waves as high as 30 centimeters hit the shore on Yonaguni Island at 9:14 a.m. local time. People in China took to social media saying they felt the tremors as far as away as Hangzhou, Xiamen, and Shanghai.

Persons: Tobin, Motoko Rich Organizations: Rail, United States Geological Survey, Weather Administration, U.S . Pacific, Warning Locations: Taiwan, Japan, Hualien, Taiwan’s, Taipei, People, China, Hangzhou, Xiamen, Shanghai

☆ 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

☆ Taiwan needs more babies. But conservative traditions are holding back some fertility solutions
▼ + stars: | 2024-03-30 | by ( Eric Cheung | ) edition.cnn.com time to read: +8 min

Taipei, Taiwan CNN —For married Taiwanese men Alan Hung and Danny Huang, the process of having a biological child together was never easy. Cases like this are troubling to Chen Ching-hui, who last month became the first fertility specialist to win a seat in Taiwan’s parliament. Same-sex couples and single women are banned from accessing procedures such as in vitro fertilization (IVF) or egg freezing in Taiwan, while surrogacy is outlawed entirely. The issue is particularly pressing for Taiwan because, as its population dwindles, so do its military ranks. A nurse handling egg freezing inside a Taipei clinic run by fertility specialist, and now lawmaker, Chen Ching-hui.

Persons: Taiwan CNN —, Alan Hung, Danny Huang, “, ” Huang, Chen Ching, Hung, Huang, Aiden, Danny Huang “, Chen, –, Dr Chen Ching, Eric Cheung, ”, ” Chen, Hsueh, Chang, Paula Bronstein, Huang – Organizations: Taiwan CNN, CNN, Kuomintang, KMT, Communist Party, Taiwan’s Institute for National Defense and Security Research, Democratic Progressive Party, China Medical University Hospital Locations: Taipei, Taiwan, Russia, United States, Taiwan’s, China, East Asia, Japan, Singapore, Korea, Hong Kong, South Korea, Southeast Asia

☆ How Taiwan could depend on one of the cheapest naval tactics to stop a Chinese invasion
▼ + stars: | 2024-03-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

An element of that strong defense, experts argue, could be one of the cheapest naval tactics: sea mines. Experts say that naval mines could be very useful for stopping China's People's Liberation Army Navy or, at the very least, creating major headaches during an invasion. "Naval mines are such a capability, complementing various other weapons." AdvertisementThat speaks to larger problems naval mines pose. But, additional capabilities would be required to fully employ a naval mine defense.

Persons: —, China's, Jonathan Dorsey, Kelly Grieco, Jennifer Kavanagh, Scott Savitz, Bernd von Jutrczenka, Hsu Shu, Dorsey, Grieco, Kavanagh Organizations: Service, Business, China's People's Liberation Army Navy, PLA, RAND, Getty, Second Mining Operations Squadron, Taiwan Locations: China, Taiwan, Baltic, Latvia, Tamsui, Azov, Ukraine, Russia, Taipei

☆ These were our 4 best — and 4 worst — portfolio stocks in the first quarter
▼ + stars: | 2024-03-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +9 min

The winners NVDA YTD mountain Nvidia (NVDA) year-to-date performance Nvidia came in No. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms climbed 37.2% in the first quarter, coming in at second place within the portfolio. The laggards AAPL YTD mountain Apple (AAPL) year-to-date performance Apple suffered the most first-quarter losses in the portfolio, slumping 10.9% during the period. FL YTD mountain Foot Locker (FL) year-to-date performance Shares of Foot Locker declined 8.5% in the first quarter, making the sneaker retailer the second-worst-performing stock in the portfolio. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Palo Alto Networks stock fell 3.7% during the first quarter, rounding out No.

Persons: Dow, chipmaker, It's, Instagram, Meta's, Jim Cramer, Walt Disney, Nelson Peltz, Jim, Peltz's Trian, Eli Lilly, LLY, Eli Lilly's, Apple, Locker's, Locker, Jim Cramer's, Jensen Huang, Ann Wang Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Facebook, Wall, DIS, Walt Disney, Peltz, Peltz's Trian Partners, Disney, U.S, Department of, Apple, Evercore ISI, Citigroup, Nike, Starbucks, Palo Alto Networks, Palo, Jim Cramer's Charitable, CNBC Locations: China, Seattle, U.S, Palo, Taipei, Taiwan

☆ Taiwan’s Top Diplomat Says U.S. Aid to Ukraine Is Critical for Deterring China
▼ + stars: | 2024-03-28 | by ( Edward Wong | ) www.nytimes.com time to read: +1 min

Joseph Wu, the foreign minister of Taiwan, said on Thursday that a halt in U.S. arms shipments to Ukraine would embolden China in its aggressions against Taiwan and fuel propaganda from Beijing that the United States is an unreliable partner. “When people ask us whether it is OK for the United States to abandon Ukraine, the answer is no, because the world is operating not in a black-and-white way, or if you only look at one theater at a time,” he said. “The world is interconnected.”If Russia is able to occupy more of Ukraine and claim victory, he added, “it would be seen as a victory of authoritarian states because Russia, China, North Korea and Iran, they are now linked together.”Mr. Wu’s comments, made in a wide-ranging hourlong interview in Taipei, come as the Biden administration tries to get Congress to pass a supplemental funding package that would give $60 billion of aid to Ukraine.

Persons: Joseph Wu, “, ”, ” Mr, Wu’s Organizations: Biden Locations: Taiwan, Ukraine, China, Beijing, United States, Russia, North Korea, Iran, Taipei

☆ 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

☆ Asia’s 50 best restaurants for 2024 revealed
▼ + stars: | 2024-03-27 | by ( Karla Cripps | ) edition.cnn.com time to read: +5 min

CNN —After losing the number one spot to Bangkok in 2023, Tokyo has reclaimed its crown as the city with the top eatery in the region at the annual Asia’s 50 Best Restaurants Awards, which were announced in Seoul, South Korea on Tuesday evening. The list – part of the global “World’s 50 Best” brand – is compiled by the Asia’s 50 Best Restaurants Academy, which is made up of more than 300 food critics, writers, chefs and restaurateurs, all selected for their knowledge of Asia’s restaurant scene. Though Singapore didn’t have any restaurants in the top five, nine of its venues made the top 50 list – more than any other city. Courtesy The World's 50 BestThe “Asia’s Best Female Chef” award went to Pichaya ‘Pam’ Soontornyanakij, owner of Bangkok restaurant Potong, which came in at 17 on this year’s list. Mineko Kato of restaurant Faro in Tokyo won the Asia’s Best Pastry Chef award and Kevin Lu of Logy, in Taipei, was voted Asia’s Best Sommelier.

Persons: Daniel Calvert, Calvert, “, ”, Sézanne, I’ve, we’d, Gaggan, Seroja, Gaggan Anand, Thitid “, Sühring, Le Du –, Ton, Bangkok –, Odette, Pichaya, Pam ’ Soontornyanakij, Ton’s Nusara, Mineko Kato, Kevin Lu, Logy, Sung Anh, Mosu, Danny Yip, Hong, Le, Fu, Hui, Samrub, Villa, Ling Long, Ando, Les Amis, Baan, Goh, Anan, Tam’s Organizations: CNN, Marunouchi, Restaurants Academy, Hospitality, Toyo, Meta, Studio, Bund Locations: Bangkok, Tokyo, Seoul, South Korea, Japan, France’s Champagne, Maronouchi, Asia, ”, Kolkata, Hong Kong, Singapore, Thai, ” Singapore, Faro, Taipei, Nusara, Suhring, Osaka, Odette, Sorn, Le Du, Potong, Shanghai, Logy, Masque, Mumbai, Manila, Delhi, Seroja, Taichung, Taiwan, Mume, Wakayama, Lolla, Avartana, Chennai, India, Fukuoka, Jakarta, Kyoto, Anan Saigon, Ho Chi Minh City, Macao

☆ China’s Xi meets American CEOs to boost confidence in world’s second largest economy
▼ + stars: | 2024-03-27 | by ( Laura He | Wayne Chang | ) edition.cnn.com time to read: +3 min

Foreign direct investment in China has slumped in recent months as a combination of slower growth, regulatory crackdowns, onerous national security legislation and questions about the country’s long-term growth prospects have shaken confidence in the world’s second biggest economy. But global investors remain wary of China’s rising scrutiny of Western companies as well as a structural slowdown. In the first two months of 2024, foreign direct investment (FDI) into the country shrank nearly 20% from a year ago, underscoring weak confidence among global executives. Another gauge of FDI — direct investment liabilities — showed a 82% slump in 2023, according to figures released by the State Administration of Foreign Exchange. China has set this year’s economic growth target at around 5%, the same as last year’s.

Persons: Xi Jinping, Cristiano Amon, Raj Subramaniam, Stephen Schwarzman Organizations: Taipei CNN, Qualcomm, FedEx, Blackstone, of, International Monetary Fund, World Bank, China Development, Commerce Ministry, State Administration of Foreign Exchange, American Chamber of Commerce Locations: China, Hong Kong, Taipei, Beijing, United States

☆ The portfolio’s 5 best-performing stocks since the February Annual Meeting
▼ + stars: | 2024-03-27 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Ahead of Wednesday's Monthly Meeting, here's a look at the best-performing Club stocks since Feb. 23, the session before the annual gathering, through Tuesday's close. NVDA mountain 2024-02-23 Nvidia's stock performance since the close of Feb. 23, 2024. DIS mountain 2024-02-23 Disney's stock performance since the close of Feb. 23, 2024. ETN mountain 2024-02-23 Eaton Corp.'s stock performance since the close of Feb. 23, 2024. STZ mountain 2024-02-23 Constellation Brands' stock performance since the close of Feb. 23, 2024.

Persons: Bob Iger, Nelson Peltz's Trian, Peltz, Eaton, it's, didn't, Wedbush, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Lam, Fei Organizations: Nvidia, Blackwell, Apple's, Disney, Club, ESPN, Nelson Peltz's Trian Partners, Eaton Corp, Street, Federal Aviation Administration, Boeing, Wall Street, Constellation Brands, Nielsen, Wedbush Securities, Wine, DuPont, Barclays, CNBC, Nvidia Corp, Bloomberg, Getty Locations: U.S, Tuesday's, STZ, Taipei, Taiwan

☆ Taiwan Sees US Support Unchanged No Matter Who Wins Election
▼ + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) - Taiwan's foreign ministry said on Thursday it believes U.S. support will remain unchanged no matter who wins the presidential election, but it will stay on guard for Taiwan-China issues being "manipulated" as the campaign heats up. In a report to lawmakers, Taiwan's foreign ministry noted that even though the U.S. election's outcome was not certain, there was cross-party support for the island. Taiwan will continue to have balanced exchanges with both parties, but needs to be on guard for how Taiwan-China issues may feature in the election, the ministry added. Meeting Taiwan President Tsai Ing-wen in Taipei on Thursday, U.S. "This includes a strong Taiwan maritime strategy and how we can work together on shared goals to counter China on their increasingly aggressive actions in the region."

Persons: Trump, Joe Biden, Tsai Ing, Jack Bergman, Bergman, Donald Norcross, Jimmy Panetta, Taiwan's, Ben Blanchard, Fabian Hamacher Organizations: Taiwan, Republican, House Armed Services, Democratic Locations: TAIPEI, Taiwan, China, U.S, Taipei, United States

☆ A student persuaded by his friend to get his legs amputated for a $1.3 million insurance scam wound up getting only $7,200 that he now has to return: prosecutors
▼ + stars: | 2024-03-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A 23-year-old man in Taiwan had his legs amputated to receive a $1.3 million insurance payout, prosecutors said. Just days before, Zhang bought several expensive life insurance, travel insurance, and accident insurance policies, prosecutors said. Local media, citing prosecutors, reported that Zhang had claimed $7,200 from one insurer, but this money would be seized. The department's chief inspector, Tom Hill, said an increasing cost of living may push people to consider insurance fraud. AdvertisementThe FBI estimates that an annual $400 to $700 from the average US family's insurance premiums goes to covering insurance fraud costs.

Persons: —, Zhang, Liao, Tom Hill Organizations: Service, Taiwan Criminal Investigation, Local, London Police's, Department, FBI Locations: Taiwan, Taipei, City, London, South Korea

☆ As fears of war brew, China and Taiwan are still joining forces to rescue lost fishermen, Taipei says
▼ + stars: | 2024-03-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Taiwan and China authorities are still working together on at least one front: coast guard rescue. Taiwan's coast guard has helped China with 17 rescues in the last three years, the agency's chief said. Both coast guards launched a joint operation to search for Chinese fishermen on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Chou Mei-wu, the director-general of Taiwan's coast guard, made the comment in parliament on the same day that his agency announced one such joint effort.

Persons: —, Chou Mei Organizations: Service Locations: Taiwan, China

☆ Intel survived bid to halt millions in sales to China's Huawei, sources say
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: +5 min

"No American company, especially those receiving taxpayer funding, should be fueling its innovation," he said, referencing Intel's expected grant from the Commerce Department to expand its U.S. chip production. Republican Senator Marco Rubio called on the Biden administration to revoke Intel's license to sell to Huawei "immediately" following the Reuters report. Intel, Huawei, the Commerce Department and the White House declined to comment. Intel's share of sales of Huawei laptops containing its chips soared during the period from 52.9% to 90.7%, according to the presentation. Meanwhile, Huawei continues to rely heavily on Intel chips for its laptops, its website shows.

Persons: Patrick Gelsinger, Marco Rubio, Biden, Joe Biden, Trump, Donald Trump Organizations: Intel Corp, Intel Innovation, Intel, Huawei, Commerce Department, Republican, Reuters, AMD, Devices, White, Embassy, NPD, GfK, IRI, NIQ, U.S Locations: Intel Innovation Taipei, Taipei, Taiwan, U.S, China, Washington, United States, Beijing

☆ Taiwan wants to hire Indian workers. What’s skin color or religion got to do with it?
▼ + stars: | 2024-03-05 | by ( Diksha Madhok | Wayne Chang | ) edition.cnn.com time to read: +4 min

New Delhi/Hong Kong CNN —Taiwan has swung into damage control mode after its labor minister made controversial comments about the skin color, religion and diets of some Indians ahead of a potential drive to recruit migrant workers to the island. In a separate apology, Taiwan’s labor ministry said Hsu implied “absolutely no discriminatory connotation when she mentioned ‘similar skin color’ in the interview. CNN has reached out to India’s Ministry of External Affairs for comments. In February, Taiwan said it will hire migrant workers from India to ease its labor shortage, but did not share any other details. Taipei currently allows migrant workers from Thailand, Vietnam, Indonesia and Philippines to work in the island, according to the labor ministry.

Persons: Hsu Ming, chun, ”, ” Hsu, Hsu, Hsu’s, Taiwan’s Foxconn, ” Young Liu, ” Liu, Padma Bhushan Organizations: Hong Kong CNN, Taiwan, Yahoo, Labor, CNN, India’s Ministry, Affairs, Padma, Bloomberg Locations: New Delhi, Hong Kong, Taiwan, India’s, India, China, Bangladesh, Myanmar, Covid, “ India, Japan, South Korea, Taipei, Thailand, Vietnam, Indonesia, Philippines

☆ Red Sea cables have been damaged, disrupting global internet traffic
▼ + stars: | 2024-03-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +1 min

London CNN —Damage to undersea cables in the Red Sea is disrupting global telecommunications networks and forcing internet providers to reroute as much as a quarter of traffic between Asia, Europe and the Middle East. Cables belonging to four major telecoms networks have been “cut” causing “significant” disruption to communications networks in the Middle East, according to Hong Kong telecoms company HGC Global Communications. HGC estimates that 25% of traffic between Asia and Europe as well the Middle East has been impacted, it said in a statement Monday. Among the networks affected is the Europe India Gateway, spanning 15,000 kilometers (9,320 miles) between Europe, the Middle East and India. Asia-Africa-Europe, a 25,000-kilometer cable system connecting South East Asia to Europe via Egypt, has also been damaged.

Persons: ” HGC, Abdel Malek al, Houthi, Wayne Chang, Celine Alkhaldi, Alex Stambaugh Organizations: London CNN, Cables, HGC Global Communications, Globes Locations: Asia, Europe, Hong Kong, Iranian, Red, Europe India, East, India, Africa, South East Asia, Egypt, Taipei, Abu Dhabi

Boat tours around Kinmen are still operating, though under a closer watch by Taiwan’s coast guard. Officers visit each boat before they set sail and warn captains not to stray into Chinese waters. “In the past, whenever a mainland ship crossed the median line (into Taiwan’s waters), our cannons would fire toward it without warning,” Hung said. On Monday, five Chinese coast guard ships entered prohibited or restricted waters around Kinmen, but left shortly after being warned away by Taiwan’s coast guard, according to a Taiwan minister. Last week, Chinese coast guard officers boarded a Taiwanese tour boat for inspection, an unprecedented move that startled passengers on board.

Persons: ”, Hung Ho, cheng, Hung, Mao Zedong’s, Chiang Kai, John Mees, Kinmen, ” Hung, Sam Yeh, Kuan, ” Kuan, Chang, Wu Chia, chiang Organizations: Taiwan CNN —, Residents, Mao Zedong’s Communist, Nationalist, CNN, Mao’s Communist, Taiwan, Taiwan’s Ocean Affairs Council, Tourism Association Locations: Kinmen, Taiwan, China, China’s, Beijing, It’s, Staten Island, “, Taipei, Xiamen, AFP, Taiwanese, China's Xiamen

☆ 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

☆ The dangerous parallels between Putin’s ambitions in Ukraine and Xi’s claims on Taiwan
▼ + stars: | 2024-02-27 | by ( Will Ripley | ) edition.cnn.com time to read: +12 min

What is happening is to a certain extent, an element of a civil war,” Putin claimed. The island remained a Japanese colony for half a century until the end of World War II, when it came under the control of China’s ruling Nationalist government. Today Xi is expanding China’s military at a pace the world hasn’t seen in a century – since before World War Two. Long-time China analyst Steve Tsang, author of “If China Attacks Taiwan,” once told me that Xi’s military build-up is, by comparison, larger than Nazi Germany and Imperial Japan combined. Many here in Taiwan fear it’s only a matter of time before Xi, like Putin, puts his words into action.

Persons: Taiwan CNN —, Kolas Yotaka, Tucker, Vladimir Putin, “ Putin, Xi, ”, Putin, Xi Jinping, ” Yotaka, –, Jens Stoltenberg, “, ” Stoltenberg, it’s, ” China’s, Russia –, Carlson, ” Putin, Critics, Chiang Kai, shek, ” Xi, He’s, Tsai Ing, Steve Tsang Organizations: Taiwan CNN, Taiwan Presidential, Taiwan –, NATO, Munich Security, Communist Party, Russia, Observers, Nationalist, Communists, Taiwan’s National Chengchi, Democratic Progressive Party, Taipei, Xi, Navy, Global China, Atlantic Council, Taiwan Relations Locations: Taipei, Taiwan, Ukraine, Beijing, China, Russia, Soviet, Ukrainian, Soviet Union, Japan, Republic of China, Taiwan Strait, United States, Hong Kong, Nazi Germany, Imperial Japan, Washington

☆ The Risk of a China War Over Taiwan Is Rising - The New York Times
▼ + stars: | 2024-02-26 | by ( Ben Lewis | ) www.nytimes.com time to read: +1 min

In 2020, the balance of military power in the Taiwan Strait began a gradual but profound shift in China’s favor. That August, then-Secretary of Health and Human Services Alex Azar became the highest-ranking U.S. cabinet official to visit Taiwan in more than four decades. responded by carrying out large-scale military exercises around the self-governing island, sending aircraft over the median line of the Taiwan Strait for only the third time in more than 20 years. Alarm bells should be ringing, but neither Taiwan nor the United States have taken meaningful action to deter China, and Taiwan’s response has been inconsistent and lacks transparency, which may further embolden Beijing. A more robust approach is needed to deter China from escalating the situation.

Persons: Alex Azar Organizations: Health, Human, Liberation Army Locations: Taiwan, Taiwan Strait, China, Taipei, Washington, United States, Beijing

☆ 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, ”

☆ Nvidia lives up to the earnings hype and then some, prompting our big price target hike
▼ + stars: | 2024-02-21 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

NVDA 5Y mountain Nvidia 5 years The Nvidia phenomenon is something for all investors to take note of and study. The first question we got on the call was in relation to the sustainability of the Data Center sales momentum. Generative AI isn't possible in a data center built for traditional general-purpose computing. In fact, Nvidia believes AI inferencing was responsible for about 40% of Data Center sales over the past year. This is why Nvidia was designated by Jim Cramer and the Club as an "own it, don't trade it" stock.

Persons: Jensen Huang, it's Nvidia's, Thursday's, we've, Colette Kress, we're, Nvidia's Huang, Huang, inferencing, It's, Jim Cramer, Apple's, Jim Cramer's, Jim, Ann Wang Organizations: Nvidia, Revenue, U.S, Data, Microsoft, Moore's Law, world's, Management, Software, Enterprise, Club, Apple, CNBC Locations: tacking, China, Taipei, Taiwan

☆ 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

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