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☆ China hates the new president of Taiwan — but its 'real nightmare scenario' is a Trump-Taiwan combo: analyst
▼ + stars: | 2024-01-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump winning the White House in 2024 would create a "nightmare" for China, especially with president-elect William Lai Ching-te at Taiwan's helm, an analyst on China said. Advertisement"Beijing's real nightmare scenario is not necessarily watching Lai Ching-te winning the presidency of Taiwan, but it's the combination of Lai Ching-te and perhaps Donald Trump coming back into the White House," Daniels said. "He was a transactional president," Rosen said. Trump followed up by suggesting that the US may one day abandon its agreement to the "one China policy," Beijing's red-line stance that Taiwan is part of China. Cross-strait tensions soared, but just two months later, Trump called Xi and agreed that the US would uphold the "one China policy."

Persons: —, Donald Trump, William Lai Ching, Lai, it's Trump, Rorry Daniels, Lai Ching, Daniels, Trump, Mike Pompeo, Pompeo, Xi Jinping's, Stanley Rosen, It's, Rosen, Tsai Ing, Wen, Ron DeSantis, Nikki Haley Organizations: Service, White House, Business, Democratic Progressive Party, Foreign Affairs Ministry, Lai's, Asia Society, Center for, Nikkei, Taiwan, University of Southern, China Institute, Xi, GOP, Iowa Republican Locations: China, Taiwan's, Beijing, Taiwan, Center for China, Nikkei Asia, University of Southern California's US, Hong Kong, Taipei, Iowa

☆ Taiwan Cabinet Submits Customary Post-Election Resignation
▼ + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

TAIPEI (Reuters) - Taiwan's ministerial Cabinet submitted its customary post-election joint resignation on Thursday, but is widely expected to be asked by President Tsai Ing-wen to stay on in a caretaker role until May when the new president takes power. The ruling Democratic Progressive Party (DPP) won Saturday's presidential election, but lost its majority in parliament. Taiwan Premier Chen Chien-jen had said on Tuesday that the Cabinet would resign in accordance with past constitutional practice before the new parliament meets next month after the DPP lost it legislative majority. Taiwan media has reported Tsai will ask the Cabinet to stay on in a caretaker role until Vice President Lai Ching-te, who won the presidency, assumes his new role on May 20 and appoints his own Cabinet. Tsai was not able to run again for the presidency in accordance with Taiwan's constitution after two terms in office.

Persons: Tsai Ing, Taiwan Premier Chen Chien, jen, Tsai, Lai Ching, Ben Blanchard, Muralikumar Anantharaman Organizations: Democratic Progressive Party, Taiwan Locations: TAIPEI, Taiwan Premier, Taiwan

☆ Delayed U.S. Weapons Raise Taiwan’s Vulnerability to Invasion
▼ + stars: | 2024-01-16 | by ( Alastair Gale | ) www.wsj.com time to read: 1 min

Taiwanese Vice President Lai Ching-te declared victory in the island’s presidential vote on Saturday. Lai’s Democratic Progressive Party secured an unprecedented third straight term in the presidency. Photo: An Rong Xu/Bloomberg NewsTAIPEI—Taiwan has ordered some $19 billion in American missiles, rocket launchers and other weapons to help it defend itself against threats from Beijing. The only problem: U.S. delivery on many of those orders is years away. The delays increase Taiwan’s vulnerability to a Chinese invasion or blockade, say military analysts and former Taiwanese defense officials, since the island’s own weapons industry remains small.

Persons: Lai Ching, Rong Xu Organizations: Democratic Progressive Party, Bloomberg News TAIPEI Locations: Taiwan, Beijing

☆ Opinion: The repercussions from Taiwan’s election will continue for years
▼ + stars: | 2024-01-16 | by ( Opinion Lanhee J. Chen | ) edition.cnn.com time to read: +7 min

CNN —For the US, Saturday’s Taiwan election results signal the continuation of heightened tension with China over the issue of Taiwan’s sovereignty. This will be the case regardless of who wins the US presidential election in November. In fact, support for Taiwan is one of the few policy issues on which there is agreement between Republicans and Democrats. Overall, Taiwan’s voters chose continuity over change by delivering a victory to Lai and the incumbent DPP. Taiwan's President-Elect, Lai Ching-te (left), celebrates with his running mate, Hsiao Bi-khim, during a rally outside the headquarters of the Democratic Progressive Party (DPP) in Taipei on January 13, after winning the presidential election.

Persons: J, Chen, David, Diane Steffy, Romney, Ryan, Lai Ching, Lanhee J, Chen Lanhee J . Chen, Lai, Hsiao Bi, Joe Biden, Donald Trump, Biden, Hsiao, Yasuyoshi Chiba, China’s, Xi Jinping, Elect Lai, —, ” Xi, Xi, ”, ” Lai Organizations: CNN, Public Policy Studies, Hoover Institution, California State, Republican, Democratic, Democratic Progressive Party, Republicans, Democrats, Taiwan’s, Taiwan's, Getty, Communist Party, Nationalist, Taiwan People’s Party, Beijing’sTaiwan, Chinese Communist Party Locations: Taiwan, China, Taipei and Washington, Taipei, People’s Republic of China, PRC, AFP, Nauru, Beijing, Taiwan Strait

☆ China's Taiwan approach 'has been counterproductive,' Blinken says
▼ + stars: | 2024-01-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Secretary of State Antony Blinken said Tuesday that China's growing aggression toward Taiwan has undermined the country's own interests. "I think the approach that they've shown in recent years has actually been totally counterproductive to their interests," Blinken said at the World Economic Forum in Davos, Switzerland on CNBC's "Squawk on the Street." Blinken's comments come days after Taiwan voters elected the Democratic Progressive Party's Lai Ching-te to serve as the next president. In the weeks leading up to the election, Taiwan officials reported several attempts by the Chinese government to sway the election via escalating military pressure and disinformation campaigns. At Davos, Blinken reiterated the official U.S. stance on Taiwan and China, which simultaneously supports Taiwan's democratic systems but does not support its independence.

Persons: Antony Blinken, CNBC's Andrew Ross Sorkin, Blinken, Party's Lai Ching, Lai, Joe Biden's, Xi Jinping, we've Organizations: State, Economic, Taiwan, Democratic, White Locations: U.S, Davos, Switzerland, Taiwan, CNBC's, China, Beijing, China's Taiwan

☆ Peace and Prosperity in the Taiwan Strait Still Have a Chance
▼ + stars: | 2024-01-15 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

Taiwanese Vice President Lai Ching-te declared victory in the island’s presidential vote on Saturday. Lai’s Democratic Progressive Party secured an unprecedented third straight term in the presidency. Photo: An Rong Xu/Bloomberg NewsTaiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t rule it. Saturday’s DPP victory, with around 40% of the vote, could mean more scary headlines in the near-term.

Persons: Lai Ching, Rong Xu, Nancy Pelosi’s Organizations: Democratic Progressive Party, Bloomberg News Taiwan, DPP Locations: Beijing, Taiwan

Newly elected Lai Ching-te and his vice presidential running mate, Hsiao Bi-khim, in Taipei on Saturday. Photo: Daniel Ceng/ShutterstockTaiwan’s election of the presidential candidate China most distrusts puts at risk a fragile detente between Washington and Beijing, threatening another flare-up between the world’s biggest economic and military powers. Voters on Saturday gave the Democratic Progressive Party four more years in power, this time by choosing as president-elect the current vice president, Lai Ching-te , whom China condemns as an inveterate agitator for Taiwan’s independence—an outcome that Beijing has vowed to prevent, by force if necessary.

Persons: Lai Ching, Hsiao, Daniel Ceng, Shutterstock Organizations: Saturday, Democratic Progressive Party Locations: Taipei, China, Washington, Beijing

Despite having cut official diplomatic relations with Taiwan in 1979, the U.S. remains the island's chief diplomatic ally and source of military hardware and intelligence. Lai's victory was a setback for China’s efforts to bring Taiwan under its control. It goes against the expectation of global democratic communities and goes against the will of the people of Taiwan to uphold democratic values. Lai’s victory means the Democratic Progressive Party will hold the presidency for a third four-year term, following eight years under Tsai. Lai won a three-way race for president with 40% of the vote, less than the clear majority Tsai won in 2020.

Persons: —, Tsai Ing, “, Stephen Hadley, Lai Ching, James B, Steinberg, Tsai, ”, Antony Blinken, Lai, Johnson Lai Organizations: U.S, Saturday, Taiwan “, Communist Party, Democratic Progressive Party, United Nations, Nationalists, Kuomintang, KMT, China's, Chinese Foreign Ministry, ___ Associated Press Locations: TAIPEI, Taiwan, China, Hadley, U.S, Asia, Pacific

☆ Veteran investor David Roche says the market is getting it wrong on Taiwan's election result
▼ + stars: | 2024-01-15 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Taiwan's President Tsai Ing-wen speaks as Lai Ching-te, Taiwan's vice president and the ruling Democratic Progressive Party's (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024. Carlos Garcia Rawlins | ReutersTaiwan's election results place the island on a "collision course with China" and the market reaction has been too sanguine, according to veteran investor David Roche. Beijing has already dismissed the outcome of Saturday's elections, which saw the ruling Democratic Progressive Party's Lai Ching-te elected president alongside a split parliamentary vote. The DPP rejects the so-called "One China principle" and advocates a separate and distinct Taiwanese national identity. Xi has repeatedly stated that Taiwan will be reunified with China, and has not ruled out using military force to achieve his goals.

Persons: Tsai Ing, Lai Ching, Democratic Progressive Party's, Carlos Garcia Rawlins, David Roche, Party's Lai Ching, Roche, CNBC's, Lai, Xi Jinping, Xi Organizations: Democratic Progressive, Reuters, Democratic, DPP, Independent, CSI, Chinese Communist Party, Citi, KMT Locations: Taipei, Taiwan, China, Beijing

☆ Why China hates the new president of Taiwan
▼ + stars: | 2024-01-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

"Lai Ching-te clings stubbornly to the separatist position for 'Taiwan independence.' A matter of Taiwan's independenceIn 2017, while he was premier, Lai referred to himself as a "pragmatic worker for 'Taiwan independence.'" AdvertisementLai has pledged to maintain status quo and stability in Taiwan, but China isn't backing down on its stance either. "I think China hates him, really hates him," Wu Xinbo, an international relations professor at Shanghai's Fudan University, told Reuters, referring to Lai. "It is because if he is elected as the leader of Taiwan, he may come to advance his goal of Taiwan independence, which will provoke a crisis across the Taiwan Strait," added Wu.

Persons: William Lai Ching, Taiwan's, Lai, —, Wiliam Lai Ching, Lai Ching, Xi Jinping, Wu Xinbo, Wu, Wang Yi, Jeremy Mark, William Lai, Chong Ja Ian, Chong, Tsai Ing Organizations: Democratic Progressive Party, Service, China's Taiwan Affairs Office, Chinese Communist Party, Shanghai's Fudan University, Reuters, Analysts, Lai's, Atlantic Council, Eurasia Group, KMT, National University of Singapore, Carnegie China, Channel News Asia Locations: China, Beijing, Taiwan, South America, Taiwan Strait, Taiwan's

☆ Nauru's Decision to Break Ties With Taiwan 'Unfortunate' - US Official
▼ + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

(Corrects dateline location to Taipei, not Beijing)TAIPEI (Reuters) - The U.S. official who heads the body that handles unofficial ties with Taiwan said on Tuesday that Nauru's decision to break ties with Taiwan was "unfortunate." On Monday, the Pacific Islands nation of Nauru said it was breaking ties with Taiwan in favour of China, in what Taipei called a clear act of post-election maliciousness by Beijing. "We encourage all countries to engage with Taiwan," Laura Rosenberger, chair of the Virginia-based American Institute in Taiwan (AIT), told reporters in Taipei. In the poll's run-up, China, which claims Taiwan as its own territory, had repeatedly called him a dangerous separatist. (This story has been corrected to fix the dateline location to Taipei, not Beijing)(Reporting by Ben Blanchard; Editing by Christian Schmollinger)

Persons: Laura Rosenberger, Democratic Progressive Party's, Lai Ching, Ben Blanchard, Christian Schmollinger Organizations: U.S, American Institute, Democratic Progressive Locations: Taipei, Beijing, TAIPEI, Taiwan, Nauru, China, Virginia

HONG KONG (AP) — Asian shares were mostly higher on Monday, with Tokyo extending its New Year rally, as China’s central bank kept its one-year policy loan interest rate unchanged. China’s central bank opted to keep its one-year policy loan interest rate at 2.5% on Monday while injecting funds into the financial system. Traders are largely betting on the Fed cutting its main interest rate six or more times through 2024. The airline and other travel-related companies were also hurt by a rise in oil prices, which put pressure on their fuel costs. A barrel of benchmark U.S. crude oil rose 10 cents to $72.78.

Persons: Zhaopeng Xing, Raymond Yeung, “, Ernie, Baidu, Lai Ching, Lai, Taiwan’s Taiex, Australia’s, It's, Yemen’s Houthi, Brent Organizations: ANZ, Baidu, Democratic Progressive Party, Dow Jones, UnitedHealth Group, Nasdaq, Federal Reserve, Treasury, Traders, Fed, Delta Air Lines, United Airlines, Cruise Line Holdings, U.S Locations: HONG KONG, Tokyo, Hong Kong, Shanghai, South Korea, China, Taiwan

☆ Asia markets largely poised to fall after Taiwan elections; China GDP and Japan inflation in focus this week
▼ + stars: | 2024-01-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

(Photo by Yasuyoshi CHIBA / AFP) (Photo by YASUYOSHI CHIBA/AFP via Getty Images) Yasuyoshi Chiba | Afp | Getty ImagesAsia-Pacific markets are set to fall after Taiwanese voters handed the Democratic Progressive Party another presidential victory, delivering the ruling party an unprecedented third-straight presidential term. The DPP's Lai Ching-te, the incumbent vice-president, emerged as the winner of the self-governing island's presidential contest with more than 40% of the popular vote. Investors will be closely watching China's fourth quarter gross domestic numbers due out on Wednesday, while Japan will also release inflation figures for December on Friday. Futures contract in Chicago was at 35,635 and its counterpart in Osaka at 35,590, after the Nikkei hit levels not seen since February 1990 last week. In contrast, futures for Hong Kong's Hang Seng index stood at 16,306 pointing to a stronger open compared to the HSI's close of 16,244.58

Persons: Democratic Progressive Party's, Yasuyoshi CHIBA, YASUYOSHI CHIBA, Yasuyoshi Chiba, Lai Ching Organizations: Democratic Progressive, Getty, Afp, Democratic Progressive Party, Nikkei Locations: Taipei, AFP, Asia, Pacific, Japan, Australia, Chicago, Osaka

☆ Nauru cuts diplomatic ties with Taiwan in favor of China
▼ + stars: | 2024-01-15 | by ( Nectar Gan | Eric Cheung | ) edition.cnn.com time to read: +1 min

CNN —Nauru has severed diplomatic relations with Taiwan and established ties with China, the Pacific Island nation’s government said in a statement Monday, in a blow to Taiwan’s effort to retain its dwindling number of diplomatic allies. Taiwan also confirmed diplomatic relations had been severed in a press briefing Monday, two days after Taiwanese voters gave the ruling Democratic Progressive Party (DPP) a historic third term. During the DPP’s eight years in power, Taiwan has lost 10 diplomatic allies to China. Naura’s switch of diplomatic allegiance to Beijing leaves Taiwan with only 12 diplomatic allies, mostly small nations in the Pacific Ocean and Latin America as well as the Vatican. This is the second time Nauru had severed diplomatic relations with Taiwan.

Persons: Lai Ching, Lai, Hsiao, China’s Organizations: CNN, Nauru, Democratic Progressive Party, Party, Taiwan Locations: Taiwan, China, Taipei, Beijing, America, Nauru

☆ Dollar wobbles; yuan on guard ahead of China data dump
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +3 min

The dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the Chinese yuan struggled near a one-month low ahead of a slew of economic data this week. The offshore yuan languished near a one-month low of 7.1925 per dollar hit on Friday, and was last at 7.1861 per dollar. "I think more PBOC (People's Bank of China) easing is coming this year," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I don't think (Monday's move) will materially weigh on the (yuan) because a rate cut is more or less priced in. The Australian dollar , often used as a liquid proxy for the yuan, edged 0.07% higher to $0.6690.

Persons: China's, Sterling, Chris Weston, Carol Kong, Party's Lai Ching, te, Goldman Sachs Organizations: Federal Reserve, Traders, U.S, Treasury, CPI, PPI, Bank of, People's Bank of China, Commonwealth Bank of Australia, Australian, New Zealand, Democratic, Taiwan Locations: Asia, U.S, Bank of Japan, China, Taiwan

☆ CNBC Daily Open: Big Bank earnings point to a grim season
▼ + stars: | 2024-01-15 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

Win Mcnamee | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineFourth-quarter earnings have officially begun with four of Wall Street's top six banks reporting rather bleak results. JPMorgan Chase, the biggest U.S. bank by assets, paid a sizeable fee linked to the government seizures associated with regional banking crisis last March, which impacted its earnings. Citigroup has lagged its Wall Street peers since the 2008 financial crisis and remains the lowest valued among the top six banks.

Persons: Brian Moynihan, Jamie Dimon, JPMorgan Chase, Jane Fraser, Win Mcnamee, Jane Fraser's, Kurt Rankin, Lai Ching, Lai Organizations: Bank of America, JPMorgan, Citigroup, CNBC, Federal Reserve, PNC, Voters, Democratic Progressive Party Locations: Hart, Washington , DC, U.S, Asia, China, Taiwan

☆ Unofficial US delegation says support for Taiwan remains ‘rock solid’ after voters defied China
▼ + stars: | 2024-01-15 | by ( Nectar Gan | Eric Cheung | ) edition.cnn.com time to read: +5 min

Hong Kong/Taipei CNN —Former senior US officials reaffirmed “rock solid” American support for Taiwan in a visit Monday after the self-ruled island defied threats from China by electing a new president loathed by Beijing. “And we hope that the United States will continue to support Taiwan to deepen our cooperation in this area,” he said. An unofficial US delegation meets with Taiwan's President-elect Lai Ching-te and Vice-President-elect Hsiao Bi-khim in Taipei on January 15, 2024. Since then, the US has maintained close unofficial ties with Taiwan and is bound by law to provide the island with the means to defend itself. Asked by reporters to comment on Taiwan’s election results Saturday, US President Joe Biden said: “We do not support independence.”

Persons: Lai Ching, Biden, Tsai Ing, Stephen Hadley, ” Hadley, ”, James Steinberg, Lai, Hsiao Bi, “, Antony Blinken, Blinken, Yoko Kamikawa, Xi, Joe Biden Organizations: Taipei CNN — Former, Taiwan, Saturday, Democratic Progressive Party, Taiwan's, China’s, Ministry Locations: Hong Kong, Taipei, China, Beijing, Taiwan, United States, Washington, Taiwan Strait, Japan, United Kingdom, Canada, Tokyo, Japanese, Kuomintang

☆ Taiwan's new president will face a divided parliament. Here's why it matters
▼ + stars: | 2024-01-15 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. While Lai won the presidential election on Saturday with 40% of the popular vote, his DPP lost 10 seats in Taiwan's parliament from its previous 61, giving up its majority. Taiwan's president- and vice president-elect from the Democratic Progressive Party Lai Ching-te and Hsiao Bi-khim standing along several party's heavyweight on the central stage in Taipei on Janauary 13, 2024 to celebrate victory in Taiwan's 8th presidential election. The Chinese Communist Party has refused to engage with outgoing President Tsai Ing-wen since she assumed office in 2016. Supporters attend the Taiwan People's Party (TPP) campaign rally on January 12, 2024 in Taipei, Taiwan.

Persons: Sawayasu Tsuji, Lai Ching, Han Kuo, rancor, —, Lai, Timothy S, Rich, Sara Newland, TPP, Tsai, Gabriel Wildau, Democratic Progressive Party Lai Ching, Hsiao, Alberto Buzzola, Tsai Ing, Ting Yen Franklin Organizations: Getty, TAIPEI —, Taiwan People's Party, Democratic Progressive Party, Beijing Kuomintang, Kuomintang, KMT, TPP, Rich Western Kentucky University, Smith College, Lightrocket, Chinese Communist Party, Marshall College China, DPP, Chinese Communist Party officials, Taiwan Straits, Western Kentucky University, Supporters Locations: Taiwan, Taipei, China, Taiwan's, Beijing

☆ Taiwan Voters Snub Beijing for a Third Time, Leaving China With Few Good Options
▼ + stars: | 2024-01-14 | by ( Chun Han Wong | ) www.wsj.com time to read: 1 min

TAIPEI—For eight years, China has raged against Taiwan’s ruling party, accusing it of pursuing a separatist agenda that must be confronted with economic muscle and shows of military might. On Saturday, Taiwanese voters handed the Democratic Progressive Party another ringing victory, all but ensuring that those tensions will persist—or even intensify—over the next four years, and cementing the island’s status as a flashpoint between Washington and Beijing.

Persons: Taiwan’s Organizations: Democratic Progressive Party Locations: TAIPEI, China, Washington, Beijing

In 2014, when Lai Ching-te was a rising political star in Taiwan, he visited China and was quizzed in public about the most incendiary issue for leaders in Beijing: his party’s stance on the island’s independence. His polite but firm response, people who know him say, was characteristic of the man who was on Saturday elected president and is now set to lead Taiwan for the next four years. Mr. Lai was addressing professors at the prestigious Fudan University in Shanghai, an audience whose members, like many mainland Chinese, almost certainly believed that the island of Taiwan belongs to China. Mr. Lai said that while his Democratic Progressive Party had historically argued for Taiwan’s independence — a position that China opposes — the party also believed that any change in the island’s status had to be decided by all its people. The party’s position “had been arrived at through a consensus in Taiwanese society,” Mr. Lai said.

Persons: Lai Ching, Lai, “, ” Mr Organizations: Saturday, Fudan University, Democratic Progressive Party Locations: Taiwan, China, Beijing, Shanghai

☆ Who is Lai Ching-te, Taiwan’s new leader and why does China dislike him?
▼ + stars: | 2024-01-14 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

On Saturday, Lai, 64, the current vice president from the ruling Democratic Progressive Party (DPP), won a widely watched election to become Taiwan’s next president. Confetti flies over crowds as Lai Ching-te speaks to supporters at a rally at the DPP's headquarters on January 13, 2024 in Taipei, Taiwan. It was 1994, less than a decade after the DPP first emerged from Taiwan’s democracy movement against the authoritarian rule of the Kuomintang (KMT). Louise Delmotte/AP‘Chill out’In the lead-up to the election, China made no secret of its desire to prevent a Lai victory. Hours after Lai declared victory, China dismissed the outcome of Taiwan’s elections, saying the DPP “does not represent mainstream public opinion” on the island.

Persons: CNN — Lai Ching, Lai, Taiwan’s, “, ” Lai, we’re, ”, Xi Jinping, ” “, –, Tsai Ing, Lai Ching, Annice Lyn, I’ve, Louise Delmotte, Hou Yu, Beijing’s, Tsai, Xi, Beijing, Hsiao Bi, Hsiao, ” Lai Ching, Ann Wang, ’ Lai, ” Yang Wei Organizations: CNN, Communist Party, Democratic Progressive Party, “, DPP, Kuomintang, KMT, Communist, ih, National Taiwan University, Reuters, Taiwan People’s Party, Taiwan Affairs Office Locations: Taiwan, China, Taiwan Strait, Beijing, Tainan, Taipei, United States, ”

TAIPEI, Taiwan (AP) — Taiwan on Sunday condemned what it said were “fallacious comments” by China following the self-governing island's presidential and parliamentary election the previous day. The verbal sparring did not bode well for the future of Taiwan's relations with China under the winner, President-elect Lai Ching-te, or for China's relations with the United States. The institute is the de-facto U.S. Embassy, since the United States does not have formal diplomatic relations with Taiwan. China regards Taiwan as a renegade province and says that it should not even have a foreign ministry or any official relations with foreign governments. The Chinese Foreign Ministry said in its statement that "the Taiwan question is China’s internal affair.

Persons: bode, Lai Ching, Stephen Hadley, State James Steinberg, Tsai Ing, China's, ” Lai, Tsai, ” Chen Binhua Organizations: —, Sunday, Former National Security, State, American Institute, U.S, Embassy, Democratic Progressive Party, Taiwan's Foreign, Foreign Ministry, Taiwan Affairs, Chinese Foreign Ministry, Kuomintang, Nationalist Party, Taiwan People's Party, Taiwan Affairs Office, State Council Taiwan Affairs Office, Taiwan Locations: TAIPEI, Taiwan, — Taiwan, China, United States, U.S, Taipei

☆ Former US Officials to Visit Taiwan for Post-Election Talks
▼ + stars: | 2024-01-14 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) - Two former senior U.S. officials will arrive in Taiwan on Sunday for post-election talks and underscore the U.S. government's "longstanding interest" in peace across the Taiwan Strait, the de facto U.S. embassy in Taipei said. In a show of support for the government, a senior administration official said last week that President Joe Biden planned to send an unofficial delegation to the Chinese-claimed island. "As we have done previously following a Taiwan presidential election, the U.S. government has asked former senior officials to travel in their private capacity to Taiwan," AIT said, adding its U.S.-based Chair Laura Rosenberger would be accompanying. China has stepped up its military and political pressure against Taiwan over the past four years. Both have offered talks with China but been rebuffed.

Persons: Lai Ching, Joe Biden, Biden, Stephen Hadley, State James Steinberg, Laura Rosenberger, Taiwan's, Lai, Tsai Ing, Ben Blanchard, Michael Perry, Christian Schmollinger Organizations: U.S, Democratic Progressive Party, The American Institute, National Security, State, Reuters Locations: TAIPEI, Taiwan, Taiwan Strait, Taipei, Beijing, U.S, China

☆ Guatemala's Arevalo Due to Assume Presidency With Difficult Path Ahead
▼ + stars: | 2024-01-14 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +4 min

The attorney general has tried to strip Arevalo and his Vice President-elect Karin Herrera of legal immunity, suspend his Semilla party and annul the election. "Problems are not over for Arevalo," said Roberto Alejos, former Guatemalan Congressional and political analyst. Giammattei's conservative Vamos party and UNE, the party of former first lady Sandra Torres who Arevalo defeated in the election hold a combined greater power. The government of Arevalo and Herrera will have to carefully balance demands by the United States to stem migration amid record-high remittances that keep the local economy afloat. After winning the presidency, Arevalo said he will expand relations with China, which could imply a change in policy for Guatemala's diplomatic ties with Taiwan, a move that could anger the United States.

Persons: Bernardo Arevalo, Alejandro Giammattei, Arevalo's, Arevalo, Karin Herrera, Roberto Alejos, Sandra Torres, Ana Maria Mendez, Consuelo, Porras's, TAIWAN Arevalo, Juan Jose Arevalo, Herrera, Sofia Menchu, Diego Ore, Cassandra Garrison, Diane Craft Organizations: Sofia Menchu, Sofia Menchu GUATEMALA CITY, Arevalo, Guatemalan Congressional, Washington Office, American Affairs, TAIWAN, Central, Reuters Locations: Sofia, Sofia Menchu GUATEMALA, Guatemalan, Guatemala, Central America, Arevalo, United States, CHINA, China, Taiwan, Guatemala City

☆ Taiwan made its choice on who will lead it into an uncertain future as China remains hellbent on controlling it, and tough times may lie ahead
▼ + stars: | 2024-01-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Read previewTaiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. While experts still assess that an invasion of Taiwan remains unlikely in the near future, that doesn't diminish concerns about other ways China could squeeze the island. AdvertisementTaiwan's Vice President and presidential candidate for the ruling Democratic Progressive Party (DPP) Lai Ching-te (C) casts his ballot to vote on January 13, 2024, in Tainan, Taiwan. Nevertheless, the win marks the first time a political party in Taiwan has won a presidential election three times in a row. The supporters of Democratic Progressive Party (DPP) cheer at an election campaign on January 12, 2024 in Tainan, Taiwan.

Persons: —, Party's Lai Ching, Lai's, Lai, Tsai Ing, Lai Ching, Tsai, Getty Images Lai, Hou, Ko Wen, Amanda Hsiao, Annabelle Chih, Nancy Pelosi, flack, Annice Lyn, He's, Hsiao, Hao, Hou Yu, Beijing's, Chuan Kang, Xi Jinping, It'll, Joe Biden's, Xi, Biden, it's, BRENDAN SMIALOWSKI Organizations: Service, Democratic, Taiwan, Business, Democratic Progressive Party, Getty Images, ih, Taiwan's People Party, Kuomintang, KMT, Getty, Washington, NBC, US, People's Liberation Army Locations: Taiwan, China, Beijing, Taipei, New Taipei City, AFP, Tainan, Taichung, Taipei , Washington, San Francisco

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