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☆ Explainer: Why is China so angry about Taiwan president meeting US Speaker McCarthy?
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +4 min

Here are the key issues in Taiwan-U.S., China-U.S. and Taiwan-China relations, why China is so angry about the meeting and what it might do to express its anger:WHY IS CHINA SO ANGRY? China staged war games around Taiwan last August after then-House Speaker Nancy Pelosi visited Taipei, and has threatened unspecified retaliation if the McCarthy meeting goes ahead. Taiwan's official name continues to be the Republic of China, though these days the government often stylises it as the Republic of China (Taiwan). She says the Republic of China and People's Republic of China are "not subordinate" to each other. Beijing says Tsai must accept that both China and Taiwan are part of "one China".

☆ Factbox: Relations between Taiwan and the United States
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +3 min

Here are some facts about the relationship between Taiwan and the United States. * During the height of the Cold War, Taiwan hosted U.S. military bases and the two had a Mutual Defence Treaty. * In 1979, the United States severed official relations with the government in Taipei and instead recognised the government in Beijing. * Post-1979, the U.S. relationship with Taiwan has been governed by the Taiwan Relations Act, which gives a legal basis to provide Taiwan with the means to defend itself, but does not mandate that the United States come to Taiwan's aid if attacked. * The United States retains a large de facto embassy in Taipei called the American Institute in Taiwan, staffed by diplomats.

☆ Taiwan, China must do 'everything possible' to avoid war- former president Ma
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +3 min

[1/3] Former Taiwanese president Ma Ying-jeou meets the head of China's Taiwan Affairs Office of the State Council Song Tao, in Wuhan, Hubei province, China in handout picture released March 30, 2023. Ma Ying-jeou's Office/Handout via REUTERSTAIPEI, March 30 (Reuters) - Taiwan and China must do everything possible to avoid war and it is the responsibility of both sides' leaders to ensure peace, former Taiwan President Ma Ying-jeou told a senior Chinese official on Thursday. Ma arrived in China on Monday, the first time a former or sitting Taiwanese president has visited the country since the defeated Republic of China government fled to Taiwan in 1949 after losing a civil war to Mao Zedong's communists. "The two sides must maintain exchanges, cooperate together, and do everything possible to avoid war and conflict." Ma, who was in office from 2008-2016, met Chinese President Xi Jinping in Singapore in late in 2015 shortly before current Taiwan President Tsai Ing-wen was elected.

☆ China's green loans exceed $3.2 trln, central bank chief says
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

BOAO, China, March 29 (Reuters) - China's outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country's total loan balance, People's Bank of China Governor Yi Gang said on Wednesday. Separately, China's green bonds have hit more than 2.5 trillion yuan, Yi said at the Boao Forum in southern China's Hainan province. "Achieving carbon neutrality requires 'carrots and sticks'," Yi said, adding that a central bank incentive mechanism, which provides commercial banks with loans with interest rates as low as 1.75%, could be equated to a "carrot". To support carbon emission reduction, the central bank has lent more than 300 billion yuan via a relending tool which has helped banks to make 600 billion yuan in loans to green projects. The central bank said in January it would keep the relending tool in place until the end of 2024.

☆ 'We are all Chinese', former Taiwan president says while visiting China
▼ + stars: | 2023-03-28 | by ( Nicoco Chan | ) www.reuters.com time to read: +3 min

[1/4] Former Taiwanese President Ma Ying-jeou gestures as he arrives at an airport in Shanghai, China March 27, 2023. Ma, in office from 2008-2016, is the first former or current Taiwanese president to visit China since the defeated Republic of China government fled to Taiwan in 1949 at the end of a civil war with the Communists. He is visiting amid heightened tension as Beijing uses political and military means to try and pressure democratically governed Taiwan into accepting Chinese sovereignty. Taiwan President Tsai Ing-wen has repeatedly offered talks with China, but has been rejected as China considers her a separatist. He and Chinese President Xi Jinping met in Singapore in 2015.

[1/5] Former Taiwan President Ma Ying-jeou speaks to the media at the airport before departing on a visit to China, as for the first time a former or current Taiwanese leader will be visiting since the defeated Republic of China government fled to the island in 1949, in Taoyuan, Taiwan March 27, 2023. REUTERS/Ann WangTAOYUAN, Taiwan, March 27 (Reuters) - Former Taiwan President Ma Ying-jeou left for China on Monday on a landmark trip, saying he hoped to bring about peace and improve relations through the interactions of young people. Ma, in office from 2008-2016, will be the first former or current Taiwanese president to visit China since the defeated Republic of China government fled to Taiwan in 1949 at the end of a civil war with the Communists, where it remains to this day. Ma met Chinese President Xi Jinping in Singapore in late 2015 shortly before the current Taiwan president, Tsai Ing-wen, won an election. The KMT says outreach to China is needed now more than ever given the tensions across the Taiwan Strait.

☆ Taiwan told to 'pack up and leave' Honduras after ties severed
▼ + stars: | 2023-03-27 | by ( Gustavo Palencia | ) www.reuters.com time to read: +3 min

[1/3] A vehicle leaves the Taiwan Embassy after Honduras has given Taiwan 30 days to vacate its embassy after severing relations with Taiwan in favor of China, in Tegucigalpa, Honduras March 26, 2023. China has long argued that democratically ruled Taiwan is part of its own territory with no right to state-to-state ties, a position Taipei strongly rejects. In his remarks, Garcia said 30 days "is more than enough time to pack up and leave," adding that officials aim for an "orderly, friendly" exit. Taiwan Foreign Ministry spokesman Jeff Liu said 30 days was an "international norm", and that they would comment further later. In its own statement on Monday, the conservative National Party pledged to re-establish ties with Taiwan if it can retake the Honduran presidency in 2026.

☆ Former Taiwan president Ma open to meeting leaders on landmark China trip
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +3 min

Ma met Chinese President Xi Jinping in Singapore in late 2015 shortly before now Taiwan President Tsai Ing-wen won a presidential election. "Can't Ma Ying-jeou see China's true nature?" Given that neither Taiwan nor China's governments recognise each other, Ma will simply be referred to as "Mr. Ma Ying-jeou" while he is in China, Hsiao said, to avoid thorny political issues. The KMT says outreach to China is needed now more than ever given the tensions across the Taiwan Strait. If young people can communicate and have dialogue, it will definitely reduce the current tensions," Hsiao said of Ma's thoughts on the visit.

☆ Former Taiwan president Ma to visit China in landmark trip
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: 1 min

TAIPEI, March 19 (Reuters) - Former Taiwan President Ma Ying-jeou will visit China this month, his office said on Sunday, the first time a former or current Taiwanese leader has visited since the defeated Republic of China government fled to the island in 1949. Ma, who remains a senior member of Taiwan's Kuomintang (KMT) opposition party, held a landmark meeting with Chinese President Xi Jinping in Singapore in late 2015, shortly before current Taiwan President Tsai Ing-wen was elected. Ma's office said that he would visit China from March 27 to April 7 and go to the cities of Nanjing, Wuhan, Changsha, Chongqing and Shanghai. Reporting by Ben Blanchard Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ 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.

☆ Li Qiang: China's new premier tries to reassure private sector amid widespread concerns about future
▼ + stars: | 2023-03-13 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China’s new premier has tried to reassure the private sector in his debut press conference, as concerns grew about the country’s future policy direction with the introduction of a new cabinet loyal to leader Xi Jinping. Li Qiang, a long-time aide to Xi, officially succeeded Li Keqiang as premier over the weekend. Li Qiang speaks during his first press conference as premier at the Great Hall of the People in Beijing on March 13, 2023. As a group of Xi’s close associates stepped into office, some Western-educated, reform-minded officials departed – including former Premier Li Keqiang and former Vice Premier Liu He. Analysts are worried that Xi’s preference for personal loyalty over technocratic competence signals a more ideology-driven policy direction that could further dent private sector growth and worsen Beijing’s ties with Washington.

☆ US would destroy Taiwan's semiconductor factories rather than letting them fall into China's hands, a former national security adviser says
▼ + stars: | 2023-03-13 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

A former security adviser told Semafor the US would destroy Taiwan's semiconductor factories if China invaded. Robert O'Brien, who served as national security advisor under Donald Trump, said the US "and its allies are never going to let those factories fall into Chinese hands." Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest chipmaker, making up an estimated 90% of the market for advanced processors. O'Brien is not the first to raise the idea of destroying Taiwan's semiconductor factories if China invades. "This could be done most effectively by threatening to destroy facilities belonging to the Taiwan Semiconductor Manufacturing Company, the most important chipmaker in the world and China's most important supplier.

☆ Taiwan to allow more China flights in show of goodwill
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 9 (Reuters) - Taiwan's government said on Thursday it would allow the resumption of more direct flights to China that had been stopped due to the COVID-19 pandemic, in a show of political goodwill to Beijing despite festering military tensions. Taiwan, which China views as its own territory, currently allows direct flights to only four Chinese cities - Beijing, Shanghai, Chengdu and Xiamen - but before the pandemic multiple Chinese cities were connected to the island. China has been pressing Taiwan to resume the flights, urging against using the pandemic as an excuse for further delay. "We also hope to build on the foundation of these resumed flights to gradually increase the exchange of goodwill gestures and cooperative interactions by both sides." Taiwan and China began regular direct flights to each other in 2009, after beginning charter flights in 2003.

The Netherlands' government on Wednesday said it plans new restrictions on exports of semiconductor technology to protect national security, joining the United State's effort to curb chip exports to China. Dutch Trade Minister Liesje Schreinemacher announced the decision in a letter to parliament, saying the restrictions will be introduced before the summer. It specified one technology that will be impacted is "DUV" lithography, the second-most advanced machines that ASML sells to computer chip manufacturers. Major ASML customers such as Taiwan Semiconductor Manufacturing Co. and Intel are engaged in capacity expansions. ASML has never sold its most advanced "EUV" machines to customers in China, and the bulk of its DUV sales in China go to relatively less advanced chipmakers.

☆ Dutch to restrict semiconductor tech exports to China, joining US effort
▼ + stars: | 2023-03-08 | by ( ) edition.cnn.com time to read: +3 min

Amsterdam/Washington Reuters —The Netherlands’ government on Wednesday said it plans new restrictions on exports of semiconductor technology to protect national security, joining the US effort to curb chip exports to China. The announcement marked the first concrete move by the Dutch, who oversee essential chipmaking technology, toward adopting rules urged by Washington to hobble China’s chipmaking industry and slow its military advances. It specified one technology that will be impacted is “DUV” lithography systems, the second-most advanced machines that ASML sells to computer chip manufacturers. Major ASML customers such as TSMC and Intel (INTC) are engaged in capacity expansions. ASML has never sold its most advanced “EUV” machines to customers in China, and the bulk of its “DUV” sales in China go to relatively less advanced chipmakers.

☆ First Taiwan presidential contender to visit U.S. next month
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 6 (Reuters) - The head of a small Taiwanese political party will next month become the first contender for 2024's presidential election to visit the United States, to brief officials on his policies should he win office, though that may be a long shot. Taiwanese presidential candidates traditionally go to the United States before elections given Washington's oversized role in backing Taiwan internationally and ensuring its security in the face of China's military threats to the island Beijing views as "sacred" Chinese territory. Ko is a long shot contender for the presidency given the party's recent founding and minimal representation in parliament, with only five out of 113 lawmakers. Neither the DPP nor KMT have announced their presidential candidates yet, though the DPP is widely expected to select Vice President William Lai, who is also party chairman. The presidential and parliamentary elections take place next January.

☆ Watch CNBC's full interview with Rockefeller International's Ruchir Sharma
▼ + stars: | 2023-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Rockefeller International's Ruchir SharmaRuchir Sharma, Rockefeller International chairman and Breakout Capital founder and CIO, joins 'Squawk Box' to discuss China's economic picture, how far out Sharma's expectations for China go and more.

☆ China's central bank says will adjust policy in a timely way as economy recovers
▼ + stars: | 2023-03-03 | by ( Kevin Yao | ) www.reuters.com time to read: +4 min

[1/4] Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu WangBEIJING, March 3 (Reuters) - China's central bank will adjust monetary policy in a timely and appropriate manner, and cutting banks' reserve requirements to release long-term liquidity will still be an effective tool to support the economy, top bank officials said on Friday. "The PBOC will provide 'forceful' financial support for the stable and healthy development of the economy," People's Bank of China Governor Yi Gang told a news conference. Liu Guoqiang, a deputy PBOC governor, said China's economy is recovering but still faces some uncertainties and more policy support is needed. Since 2020, the central bank has expanded its arsenal of tools, including relending and rediscount facilities and other low-cost loans.

☆ Cars Return to Dealer Lots. Interest Rates Could Make Them a Harder Sell.
▼ + stars: | 2023-02-26 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Tesla’s Growing Competition in China Goes Beyond Just EVs Tesla is facing pressure in China from the country’s top electric-vehicle company BYD. WSJ unpacks the business and manufacturing strategy of BYD and Tesla to uncover what the competition in China reveals about the race to own the global EV space. Photo Illustration: Mike Cheslik

☆ Dispatch From Kherson: What’s Next for Ukrainians Along the Front Lines
▼ + stars: | 2023-02-21 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ How Wagner Group Is Using Pop Culture to Recruit New Russian Fighters
▼ + stars: | 2023-02-21 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ Tesla’s Growing Competition in China Goes Beyond Just EVs
▼ + stars: | 2023-02-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

In Russian Occupied Mariupol, Residents Scramble to Find the Missing Months after the siege on Mariupol, Russia is quickly remaking the city as its own, while families race to find the thousands of dead and missing before it’s too late. Many fear that the rush to rebuild could wipe away evidence of war crimes and any trace of the missing. Photo illustration: Ryan Trefes

☆ Trying to bankrupt Russia could backfire
▼ + stars: | 2023-01-30 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

Reuters GraphicsIn the initial aftermath of the invasion, Western allies mostly issued threats to stop buying Russian oil and gas. Russia could push up the global price by carrying out threats to reduce its oil exports. But if the global price rose enough, Russia might still earn similar amounts at lower volumes. But the global gas price would rise, and Russia could direct the liquefied natural gas it currently sells to Europe to other regions. With Kyiv benefiting from military support and the gains from tighter sanctions uncertain, trying to bankrupt Russia is not worth the risk.

☆ 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.

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