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Top related persons:
Lai - 2 Ko Wen - 2 Beijing wouldn't - 2 Xi Jinping - 2 Lai Ching - 1 Tsai Ing - 1 Hou Yu - 1 Hou - 1
Top related locs:
Taiwan China Beijing Taipei TAIPEI Japanese United States Russia
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ih - 2 Democratic - 1 Nationalist - 1 KMT - 1 Taiwan People’s Party - 1 DPP - 1 Cabinet's Taiwan Affairs Office - 1 Biden - 1

Search resuls for: "Beijing wouldn't"


3 mentions found


☆ The Ruling-Party Candidate Strongly Opposed by China Wins Taiwan's Presidential Election
  + stars: | 2024-01-13 | by ( Associated Press | Jan. | At P.M. | ) www.usnews.com   time to read: +7 min
TAIPEI, Taiwan (AP) — Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on Saturday, a result that will determine the trajectory of the self-ruled democracy’s contentious relations with China over the next four years. Beijing strongly opposes Lai, the current vice president who abandoned his medical career to pursue politics from the grassroots to the presidency. It's the first time a single party has led Taiwan for three consecutive four-year presidential terms since the first open presidential election in 1996. Its candidate, Hou Yu-ih, also had promised to restart talks with China while bolstering national defense. Evelyn Ni traveled from China especially to get a taste of Taiwan’s election.
Persons: Lai Ching, Lai, Tsai Ing, Hou Yu, Hou, “, I’m, David Chiau, Ko Wen, Ko, Chen Binhua, Beijing wouldn't, ” Chen, Antony Blinken, ” Blinken, Evelyn Ni, Tony Chen, ”, Xi Jinping, Stacy Chen, Gabrielle Reid, Sung Organizations: Democratic, Nationalist, KMT, ih, Taiwan People’s Party, DPP, Cabinet's Taiwan Affairs Office, Biden, Associated Press Locations: TAIPEI, Taiwan, China, Beijing, Japanese, United States, Taipei, Russia, Ukraine, South China
☆ Terry Gou, the founder of iPhone maker Foxconn, drops out of Taiwan's presidential election race
  + stars: | 2023-11-24 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Foxconn founder Terry Gou has withdrawn from Taiwan's presidential race. AdvertisementTerry Gou, the founder of Foxconn – Apple's main manufacturer of iPhones – has dropped out of Taiwan's presidential race. Taiwan's presidential race is closely watched because China claims the self-ruled island — a semiconductor powerhouse — as its own territory. The more opposition candidates there are, the more these votes could be split against the ruling party to ensure Lai's win. Other presidential candidates in the island's presidential race are DPP's Lai, KMT's Hou Yu-ih, and former Taipei mayor Ko Wen-je from the Taiwan People's Party.
Persons: Terry Gou, Gou, —, Foxconn, –, William Lai, Xi Jinping, Lai, Beijing wouldn't, Tammy Lai, KMT's Hou Yu, Ko Wen Organizations: Service, Democratic Progressive Party, Nvidia, Kuomintang, ih, Taiwan People's Party Locations: China, Taiwan, Beijing, Taipei
☆ 3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
  + stars: | 2023-05-29 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +8 min
The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Here's why even China isn't that keen on de-dollarizing the world economy and making the yuan the top reserve currency. So, the US will need to contend with ever larger amounts of deficit, in order to maintain its pre-eminent reserve currency position. Given the issues standing in Beijing's way, it's unlikely for the yuan to take over the greenback's position as the world's reserve currency of choice, said Green.
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