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☆ Taiwan told to vacate embassy in Honduras after ties severed
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 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. REUTERS/Fredy RodriguezTEGUCIGALPA , March 27 (Reuters) - Taiwan must vacate its embassy in Honduras' capital Tegucigalpa in 30 days, a senior Honduran official said on Monday, after President Xiomara Castro severed diplomatic ties with Taiwan in favor of China in a bid for more assistance from the Asian giant. China claims democratically ruled Taiwan as its own territory with no right to state-to-state ties, a position Taipei strongly rejects. Taipei's embassy in the leafy Palmira neighborhood was for years one of the Central American capital's most prominent foreign outposts, as well as the country's second-biggest embassy after the U.S. embassy. The move left Taiwan with only 13 formal allies, mostly poor and developing countries in Central America, the Caribbean and the Pacific.

☆ Honduras demanded $2.5 bln in Taiwan aid before China announcement-source
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 22 (Reuters) - Honduras demanded $2.5 billion in aid from Taiwan the day before Honduran President Xiomara Castro tweeted her government would seek to open relations with China, a source familiar with the situation told Reuters on Wednesday. Castro tweeted on March 14 she had instructed the country's foreign minister to bring about the opening of official relations with China, though her government has yet to formally end ties with Taiwan. Reina said Honduras had asked Taiwan to double its annual aid to $100 million but never received an answer. Taking lawmaker questions in parliament earlier on Wednesday, Taiwan Deputy Foreign Minister Tien Chung-kwang said the government will not "lightly give up" on trying to keep Honduras and was "still working hard". Normally when countries break off diplomatic ties with Taiwan the announcement is swift, with Taiwan maybe only getting an hour or so's notice, diplomatic sources told Reuters.

☆ Paraguay president seeks to calm China jitters on Taiwan trip
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez attend a welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. "Nobody is going to dare to go ahead with a process of diplomatic rupture with the Republic of China, Taiwan," he said, referring to Taiwan's official name. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Chinese officials arrive in Taiwan on first post-pandemic visit
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +2 min

[1/4] Liu Xiaodong, Deputy Head of the Shanghai office of China's Taiwan Affairs Office and head of the delegation of Chinese officials visiting Taiwan, walks out of the arrival hall at Taipei Songshan Airport in Taipei, Taiwan February 18, 2023. REUTERS/Carlos Garcia RawlinsTAIPEI, Feb 18 (Reuters) - A group of Chinese officials arrived in Taiwan on Saturday on the first visit in three years, since the COVID-19 pandemic began, to attend a cultural event at a time of soaring military tensions across the Taiwan Strait. Taiwan's government this week allowed the trip of six officials, lead by Liu Xiaodong, deputy head of the Shanghai office of China's Taiwan Affairs Office, to attend the Lantern Festival in Taipei, at the invitation of the city government. Chilly Chen, head of the pro-independence Taiwan Republic Office, told Reuters the Taiwanese people were very hospitable and welcomed visitors but were concerned they were coming to push Chinese policies on the democratic island. But China continues to carry out military activities near Taiwan, including almost daily crossings of the Taiwan Strait's median line by Chinese air force jets, which had previously served as an unofficial barrier.

☆ Destiny unites us, Paraguay leader says as Taiwan ties hang in balance
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

[1/5] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez arrive at the welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Speaking at a welcome ceremony in Taipei attended by Taiwan President Tsai Ing-wen, Abdo said the Taiwanese people deserve the highest admiration, respect, and affection from his country. Tsai, recalling her two trips to Paraguay as president, said the two sides continued to deepen their friendship. Paraguay's Taiwan ties have been under pressure in recent years, especially from the country's beef producers and farmers, who see the relationship as an obstacle to gaining access to the world's largest market for their products. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Taiwan's 'SEALs' would be on the frontline of a war with China. Here's how they'd try to hold off an invasion.
▼ + stars: | 2023-01-01 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

Taiwan's special-ops units, like the 101st Amphibious Reconnaissance Battalion, would be on the frontline. Taiwan's special-operations units, especially the 101st Amphibious Reconnaissance Battalion — the country's version of the US Navy SEALs — would be on the frontlines of that fight. Although a maritime unit with an intense focus on littoral and maritime special operations, the 101st Amphibious Reconnaissance Battalion is part of the Taiwanese army. Like many of the world's special-operations units, the 101st Amphibious Reconnaissance Battalion was stood up with help from US commandos. Members of the 101st Amphibious Reconnaissance Battalion during a demonstration in September 2016.

[1/2] Taiwanese President Tsai Ing-wen announces to resign as Democratic Progressive Party chair to take responsibility for the party's performance in the local elections in Taipei, Taiwan, November 26, 2022. REUTERS/Ann WangTAIPEI, Nov 27 (Reuters) - Attention is turning to Taiwan's next presidential election in 2024 after the ruling Democratic Progressive Party (DPP) was thrashed at local elections on Saturday, with President Tsai Ing-wen's move to focus on China backfiring with voters. Speaking to reporters late on Saturday at party headquarters, its chairman Eric Chu said the KMT understood that only by uniting could it win. But Tsai's strategy failed to mobilise voters, who disassociated geopolitics from the local elections which traditionally focus more on issues from crime to pollution. Taiwan Foreign Minister Joseph Wu said last week Taiwan was seeing less Chinese interference ahead of the local elections, possibly due to China's own domestic problems and its efforts to improve its international image.

☆ Dollar rides Treasury yields higher, yen flirts with key 150 level
▼ + stars: | 2022-10-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

The Japanese yen hit a fresh trough of 149.96 per dollar, its lowest since August 1990, and last bought 149.92. "Given that Treasury yields have moved decisively above 4%, were it not for the threat of intervention then I think dollar/yen would already be trading north of 150." The benchmark U.S. 10-year Treasury yield rose to 4.154%, its highest level since mid-2008, while the two-year Treasury yields touched a 15-year high of 4.582%. It bottomed at 7.2794 per dollar, the lowest level since such data first became available in 2011, and last traded 7.2615. It had hit an almost two-week high of $0.5719 on Tuesday, following release of a hot inflation data, prompting bets of a more aggressive central bank rate hike.

She also outlined steps to boost the military including with mass production of precision missiles and warships. Xi is widely expected to win his third term at the one-every-five-years party congress. "When we say achievement, for Taiwan it's definitely not a good sign, it's not a good thing," Lin said. One senior Taiwanese security official said Xi's third term would bring "unpredictable tensions" across the strait. But China has refused to speak to his successor, Tsai, since she was first elected in 2016, believing her to be a separatist.

☆ Taiwan 'proud' of its efforts to help Ukraine, says President Tsai
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Sept 20 (Reuters) - Taiwan is "proud" of its efforts to help Ukraine in the country's struggle to defend itself and those efforts must continue, President Tsai Ing-wen told a conference taking place in New York. We must continue with our efforts," Tsai said in remarks pre-recorded from her office and played at the Concordia Summit on Monday. Taiwan President Tsai Ing-wen gives a speech at a navy base in Penghu Islands, Taiwan, August 30, 2022. Taiwan held China's United Nations seat under its formal name the Republic of China until 1971, when it was replaced by the People's Republic of China. The defeated Republic of China government fled to Taiwan in 1949 after losing a civil war to Mao Zedong's communists.

☆ China had a plan to dominate tech and become the world's most powerful country. It's all gone wrong.
▼ + stars: | 2022-09-08 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.

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