DIRS.INFO The most relevant business & tech news

☆ Xi was unusually frank in spelling out China's 4 'red lines' for the US, a clear warning for Trump's China hawks
▼ + stars: | 2024-11-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Xi outlined China's "red lines" for the US, including the country's rights to development. He told Washington not to cross "four red lines" — which analysts say is a clear message for the incoming Trump administration. Foreign Minister Wang Yi has warned about not crossing Beijing's "red lines" in the past. AdvertisementXi's language raised some eyebrows, with analysts calling it "harsh" and deeming China's foreign ministry readout "strikingly negative" in some sections. Related storiesXi named Taiwan President William LaiOf the four "red lines," Taiwan is the most sensitive issue between the two countries, as Xi has repeatedly said over the years.

Persons: Jinping, Biden, Xi, Xi Jinping, Joe Biden, Washington, Trump, Igor Khrestin, George W, Khrestin, it's, Wang Yi, Florida Sen, Marco Rubio —, Beijing —, Jersey Lee, William Lai, William Lai Ching, Democratic Progressive Party —, Lai Ching, Lai, Tsai Ming Organizations: Trump, APEC Economic, Bush Institute, Trump Administration, Business, Beijing, State, Lowy, Democratic Progressive Party, Taiwan's National Security Bureau Locations: Beijing, China, Lima , Peru, Taiwan, Florida, United States, US, Ukraine

TAIPEI/BEIJING, April 6 (Reuters) - Taiwan was keeping a close watch on a Chinese aircraft carrier and threats to inspect ships in the Taiwan Strait on Thursday after Beijing condemned a meeting between Taiwan President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy. The meeting took place at a low ebb of U.S.-China relations and despite threats of retaliation from Beijing, which claims democratically governed Taiwan as its own. In March of last year, the Shandong sailed through the Taiwan Strait, just hours before the Chinese and U.S. presidents were due to talk. However, Taiwan is also concerned about China's announcement late Wednesday that its maritime safety administration is to inspect ships in the Taiwan Strait, including possibly boarding them. Defence Minister Chiu said Taiwan will react if Chinese patrol ships cross the Taiwan Strait's median line, which normally serves as an unofficial barrier between the two sides.

☆ 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.

☆ 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.

☆ Taiwan official says Xi would be a 'sinner' of all Chinese if he attacks island
▼ + stars: | 2022-10-20 | by ( Yimou Lee | ) www.reuters.com time to read: +2 min

TAIPEI, Oct 20 (Reuters) - Chinese President Xi Jinping would become a "sinner" of all Chinese people if he attacked Taiwan and would not win a war as he would face international sanctions and diplomatic isolation, Taiwan's top security official said on Thursday. "There is no possibility of winning in using force to attack Taiwan," Chen said. China would face international sanctions and diplomatic isolation for doing so, he added. "Xi would forfeit the so-called great rejuvenation of the Chinese people, and become a sinner of the Chinese people," Chen said, using a term that refers to those who are ethnically Chinese rather than of Chinese nationality. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yimou Lee; Writing by Ben Blanchard; Editing by Lincoln Feast.

☆ Taiwan says China looking at Ukraine war to develop 'hybrid' strategies
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +3 min

TAIPEI, Oct 12 (Reuters) - China is looking at the experience of the war in Ukraine to develop "hybrid warfare" strategies against Taiwan including using drones and psychological pressure, a senior Taiwanese security official said on Wednesday. "This year, the communist military has borrowed from the experience of the Russia-Ukraine war to develop 'hybrid warfare' against Taiwan and strengthen its combat training and preparation against strong enemies," he told lawmakers. China's Taiwan Affairs Office did not immediately respond to a request for comment. Chen said China's military threats had coalesced support from the United States and its allies for Taiwan to ensure what happened to Ukraine would not be repeated across the Taiwan Strait. This will enhance Taiwan's ability to deal with China and deter "their plots to attack Taiwan", he said.

Search resuls for: "Taiwan's National Security Bureau"

6 mentions found