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☆ Chinese ships spend record amount of time near Japan-controlled islands, Tokyo says
▼ + stars: | 2024-05-29 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

The Japanese government chief spokesperson did not say how often Chinese ships entered Japan’s territorial waters, though foreign ships are allowed “innocent passage” through such waters. A contiguous zone extends another 12 nautical miles beyond a country’s territorial waters, the area that stretches 12 nautical miles from the shore. Foreign warships are allowed into contiguous zone waters – so the Chinese Coast Guard hasn’t broken any international agreements – but the continuous presence of the Chinese vessels there is seen as a provocation. It has frequently dispatched China Coast Guard and other government vessels to the waters around the islands to assert those claims. Hayashi, the Japanese government spokesperson, said Monday that Tokyo is answering the Chinese presence around the islands with vessels of its own.

Persons: Tokyo’s, “, Yoshimasa Hayashi, Hayashi, Fumio Kishida, Li Gongmin, ”, ” James Brown, ” Hayashi, Lai Ching, China’s, Thomas, Ferdinand Marcos Jr, Thomas Shoal, CNN’s Himari Semans Organizations: South Korea CNN, China Coast Guard, East China, Chinese Coast Guard, Ministry, Temple University, CNN, Coast Guard, Communist Party Locations: Seoul, South Korea, East, Japan, China, Tokyo, Japanese, China’s, Beijing, United States, Washington, Taiwan, Philippines, South China, Philippine, Singapore

☆ Weapons are on the way, U.S. lawmakers tell Taiwan during visit
▼ + stars: | 2024-05-28 | by ( Ryan Nobles | Frank Thorp V | ) www.cnbc.com time to read: +1 min

Weapons that Taiwan has ordered from the U.S. are coming, a senior U.S. lawmaker said Monday, as a bipartisan House delegation met with the Beijing-claimed island's new president. "We are moving forward on those weapons systems," Rep. Michael McCaul, R-Texas, chairman of the Foreign Affairs Committee, said at a news conference in Taipei after he and other lawmakers met with Taiwanese President Lai Ching-te. McCaul said the weapons' importance was underscored by the "armada" of Chinese ships and planes that engaged in "punishment" drills around Taiwan last week in response to Lai's inauguration speech. In that speech, Lai, the former vice president, called on China to cease its threats and "face the reality" of Taiwan's existence. In translated remarks before his closed-door meeting with the lawmakers, Lai said the delegation's visit "demonstrates your firm support for the new government as well as the people of Taiwan."

Persons: Michael McCaul, Lai Ching, McCaul, Lai Organizations: Foreign Affairs Locations: Taiwan, U.S, Beijing, Texas, Taipei, China

☆ Why Lawmakers Are Brawling and People Are Protesting in Taiwan
▼ + stars: | 2024-05-28 | by ( Amy Chang Chien | Chris Buckley | ) www.nytimes.com time to read: +1 min

The legislation proposed by Mr. Lai’s opponents gained passage only a little over a week after he took office, highlighting the challenges he will face in pursuing his agenda without a legislative majority. In elections in January, the opposition Nationalist Party and Taiwan People’s Party together secured more seats in the 113-seat legislature than Mr. Lai’s Democratic Progressive Party. Mr. Lai’s supporters have accused the opposition of overreach and of serving the interests of the Chinese Communist Party, which claims Taiwan as its territory. Nationalist and Taiwan People’s Party legislators have rejected those accusations, and Mr. Lai’s officials have not offered proof of allegations that Beijing orchestrated the legislation. Politicians jostled and fought, and members of Mr. Lai’s party covered the floor and walls of the chamber with protest placards.

Persons: Lai Ching, Lai’s, jostled Organizations: Nationalist Party, Taiwan People’s Party, Lai’s Democratic Progressive Party, Chinese Communist Party, Nationalist Locations: Taiwan, Beijing

☆ China is flexing its missile arsenal in a new simulation for a mass Taiwan attack as the US watches Beijing's Rocket Force closely
▼ + stars: | 2024-05-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewChina's Eastern Theater Command on Friday released a simulation video of its missile forces carrying out a mass attack on Taiwan, boasting its land, sea, and air launch capabilities. "Destroy the pillar of Taiwanese independence! Strike the base camp of Taiwanese independence! Related storiesBeijing's missile forces have developed rapidly in recent years, alarming US officials who are now scrutinizing its arsenals and assets. Taiwan, recognizing the Chinese missile threat, has been stocking up on US-manufactured Patriot missiles.

Persons: —, CapwDFZyds, They're, Lai Ching, Lai, Tsai Ing Organizations: Service, Command, Business, People's Liberation Army, PLA, Taiwan, Pentagon, Liberation Army Rocket Force, Eastern Theater Command, Patriot, Coast Guard, Navy, Democratic Progressive Party Locations: Taiwan, Taipei, Hualien, Kaohsiung, China, Beijing

☆ US lawmakers vow to bolster Taiwan’s defense with bipartisan visit days after China’s ‘punishment’ military drills
▼ + stars: | 2024-05-27 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

CNN —US lawmakers vowed to bolster Taiwan’s deterrence against China on Monday during a bipartisan congressional visit to the self-governing democracy just days after Beijing surrounded the island with massive military exercises. US Representative Michael McCaul, Republican-Texas, has vowed to bolster Taiwan's deterrence against China. China’s military drills, he said, were “to express their displeasure with President Lai, a president democratically elected by the people of Taiwan.”But he added they had another objective. The delegation also met with Lai, Taiwan’s new leader, on Monday morning. China responded with a show of military force and later imposed sanctions on McCaul.

Persons: Lai Ching, Michael McCaul, ”, McCaul, Lai, ” McCaul, China’s, Xi Jinping, Xi, “, Mao Ning, Michael Brochstein, Lin Chia, ” “ It’s, ” Lin, Taiwan’s, “ Taiwan’s, ” Lai, Ronald Reagan’s, Tsai Ing, Nancy Pelosi’s Organizations: CNN, China, House Foreign Affairs Committee, Taiwan, US, Party, Republican, Ministry, Taiwan’s Locations: Beijing, China, Taiwan, Taipei, Ukraine, Taiwan Strait, Texas, United States, America, People’s Republic of China

☆ U.S. Lawmakers Visit Taiwan and Vow Support in Face of Chinese Military Drills
▼ + stars: | 2024-05-27 | by ( Catie Edmondson | ) www.nytimes.com time to read: +1 min

After China performed two days of military drills intended to punish Taiwan, Representative Michael McCaul of Texas on Monday stood alongside the island nation’s newly elected president, Lai Ching-te, and issued a promise. “The United States must maintain the capacity to resist any resort to force or coercion that would jeopardize the security of the people of Taiwan,” Mr. McCaul, the chairman of the Foreign Affairs Committee, said. “That is what we stand for, and that is what we continue to say.”Mr. McCaul, a Republican, traveled this week to Taipei with a bipartisan delegation of other American lawmakers in an attempt, he said, to show that the U.S. government stood in lock step with Mr. Lai and Taiwan. The trip, which will last through the week, comes at a fraught time: Just days after Mr. Lai was sworn into office and vowed in his inaugural address to defend Taiwan’s sovereignty, China responded by surrounding the self-governing island with naval vessels and military aircraft. Before the lawmakers arrived, the Chinese government had publicly warned them to “seriously abide by the one-China policy” and “not to schedule any congressional visit to Taiwan.”

Persons: Michael McCaul of, Lai Ching, ” Mr, McCaul, Mr, Lai, “, ” Organizations: Foreign Affairs, Republican Locations: China, Taiwan, Michael McCaul of Texas, United States, Taipei, Lai

☆ Bipartisan congressional delegation visits Taiwan following days of Chinese military drills around island
▼ + stars: | 2024-05-26 | by ( Avery Lotz | ) edition.cnn.com time to read: +3 min

CNN —House Foreign Affairs Committee Chairman Michael McCaul and a bipartisan delegation of lawmakers arrived in Taiwan on Sunday following the election of the island’s new president and after days of Chinese military drills. The US will continue to stand by our steadfast partner and work to maintain the status quo across the Taiwan Strait. US officials condemned the drills, with the State Department urging the Chinese to “act with restraint.”Two years ago, former House Speaker Nancy Pelosi visited the island, marking the first time a US House speaker had traveled to Taiwan in 25 years. Her visit was met with days of large-scale military drills and warnings of a “severe impact” on US-China relations from the Chinese government. In April 2023, then-House Speaker Kevin McCarthy similarly defied threats from China, presenting a united front with then-President Tsai Ing-wen in a California meeting.

Persons: Michael McCaul, Lai Ching, China’s, Putin, Xi, ” McCaul, Xi Jinping, ”, Nancy Pelosi, Kevin McCarthy, Tsai Ing, “, Antony Blinken Organizations: CNN — House Foreign, Communist Party, US, Taiwan, House Foreign Affairs Committee, ” CNN, State Department Locations: Taiwan, Beijing, Ukraine, Israel, Iran, “ Taiwan, Taiwan Strait, America, Asia, China, California

☆ China's war drills around Taiwan enter Day 2. Here's what it means for cross-strait relations
▼ + stars: | 2024-05-24 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

Members of Taiwan's military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesChina's latest military exercises around Taiwan risk escalating cross-strait tensions — but war remains unlikely, political observers say. Beijing warned that the two-day drills, which continued on Friday, were aimed at punishing the island's new President Lai Ching-te for his "hostility and provocations." The drills are "legitimate, timely and entirely necessary," as acts of "Taiwan independence" in any form "cannot be tolerated," it added. "This pretext for conducting military exercises not only does not contribute to peace and stability across the Taiwan Strait, but also highlights its hegemonic nature," the ministry said.

Persons: HWA CHENG, Cheng, Lai Ching, Lai, Xi Jinping, China's, Lai —, Wang Yi, Nancy Pelosi's, Xi, Joe Biden, Gabriel Wildau Organizations: HWA, Getty, Afp, Xinhua, Atlantic, China's Ministry of National Defense, Liberation Army, PLA, Eastern, Command, U.S ., Fujian, Guard, U.S, APEC, Teneo Intelligence, Republicans Locations: Liaoluo, Kinmen, China, Taiwan, AFP, Beijing, Eurasia, Republic of China, People's Republic of China, United States, U.S

☆ China's military isn't just putting on a show of force. It's rehearsing for the real deal, an assault on Taiwan.
▼ + stars: | 2024-05-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewChina's large-scale military drills around Taiwan aren't just a show of force in response to the remarks of the democratic island's new president. China says the joint force live-fire exercise, lasting two days, is a test of its ability to launch a full-scale, lethal assault on Taiwan and ultimately force it to succumb to Beijing's rule. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. AdvertisementA screen grab captured from a video shows the Taiwan army conduct military exercise following China's large-scale joint military drill around Taiwan on May 23, 2024. The use of force against Taiwan could take different forms, from an all-out assault to something like a blockade.

Persons: —, It's, Stephen McDonell, Z1FdXUvXmN, JADE GAO, Party's Lai Ching, Lai Organizations: Service, Taiwan aren't, Business, People's Liberation Army, BBC China, China Central Television, People’s Liberation Army, Eastern, Command, Getty, China's Air Force, Navy, Coast Guard, Democratic, Taiwan's Military News Agency, Anadolu, Getty Images Locations: Taiwan, China, Beijing, Taiwan's, Getty Images Beijing

☆ China's military is surrounding Taiwan, sending its new president an unmistakable message
▼ + stars: | 2024-05-23 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe Chinese armed forces began conducting large-scale military exercises around Taiwan on Thursday, just days after the island's newly elected president Lai Ching-te took office. Taiwan's defense ministry posted a video condemning Chinese actions, as well as showing the various locations around it where Chinese forces are operating. The CCP’s military exercises, which highlight its hegemony mindset, have undermined regional peace and stability. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. Taiwanese soldiers stand guard as flares are fired during a Taiwanese military live-fire drill, after Beijing increased its military exercises near Taiwan, in Pingtung, Taiwan, 6 September 2022.

Persons: —, Lai Ching, It's Organizations: Service, Business, Coast Guard, Navy, ROC Armed Forces, 國防部 Ministry of National Defense Locations: Taiwan, China, Beijing, Taiwan's

☆ China has launched new drills encircling Taiwan. Why now?
▼ + stars: | 2024-05-23 | by ( Jessie Yeung | Nectar Gan | ) edition.cnn.com time to read: +8 min

CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.

Persons: ”, Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington

☆ China starts military drills around Taiwan days after new president takes office
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +1 min

Taiwan's new President Lai Ching-te speaks on stage during the inauguration ceremony outside the Presidential office building in Taipei, Taiwan, on May 20, 2024. China's military started two days of "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts", just days after new Taiwan President Lai Ching-te took office and called on Beijing to cease its threats. China detests Lai, saying he is a "separatist", and it has denounced his inauguration speech on Monday. The Eastern Theatre Command of the Chinese People's Liberation Army (PLA) said it had started joint military drills, involving the army, navy, air force and rocket force, in areas around Taiwan at 7:45 a.m. (2345 GMT). The drills are being conducted in the Taiwan Strait, the north, south and east of Taiwan, as well as areas around the Taiwan-controlled islands of Kinmen, Matsu, Wuqiu and Dongyin, the command said in a statement.

Persons: Lai Ching, China detests Lai, Wang Yi, Lai Organizations: Eastern Theatre Command, People's Liberation Army, PLA Locations: Taipei, Taiwan, Beijing, China, Taiwan Strait, Kinmen

CNN —China’s military drills around Taiwan are designed to test its ability to “seize power” over the island, the People’s Liberation Army said Friday as its forces kicked off a second day of large-scale exercises encircling its democratic neighbor. Taiwan’s Defense Ministry has condemned China’s military exercises as “irrational provocations” and dispatched its own sea, air and ground forces in response. A total of 19 Chinese warships and seven coast guard vessels were detected near the Taiwan Strait, according to the ministry. China Coast Guard drill near Taiwan. China Coast Guard/Weibo‘Blockading Taiwan’China’s military drills are often as much about playing to a domestic audience as signaling intentions internationally, and state media has ramped up coverage of the drills.

Persons: CNN —, Lai Ching, Lai, Xi Jinping, ”, China’s, Tsai Ing, ” “, Wu Qian, Liu, Tsai, wasn’t, “, I’m, Zhang Chi, Zhang, Carl Schuster, Craig Singleton, ” Singleton, Singleton, Lionel Fatton, ” Fatton Organizations: CNN, People’s Liberation Army, PLA, Command, Party, Taiwan, Guard, CCTV, Taiwan’s Defense, Kyodo, Democratic Progressive Party, China’s, Ministry, Chinese Communist Party, China Coast Guard, Taiwan . China Coast Guard, Weibo, US, Coast Guard, Pacific Command’s Joint Intelligence Center, Foundation, Defense of Democracies, Webster University Locations: Taiwan, Beijing, China, Kinmen, Taiwan Strait, China's, Taiwan ., ”, Kaohsiung, Wuqiu, Geneva

Taipei CNN —Thousands of mostly young protesters surrounded Taiwan’s legislature late into the night on Tuesday, protesting a push by opposition parties to subject the island’s new leader and his administration to tighter scrutiny from a parliament controlled by lawmakers who favor closer ties to China. Meanwhile, the president would be required to deliver an annual address to the parliament on key policy issues. Yasuyoshi Chiba/AFP/Getty ImagesOn Tuesday, as the parliament resumed its meeting to discuss the bill, protesters gathered outside the Legislative Yuan – Taiwan’s unicameral parliament – from morning until midnight, braving downpours in the afternoon. Lai, 64, a former doctor and vice president, was inaugurated Monday alongside new Vice President Hsiao Bi-khim, who recently served as Taiwan’s top envoy to the United States. Both leaders and their party are openly loathed by Beijing for championing Taiwan’s sovereignty.

Persons: Lai Ching, TPP, Yasuyoshi Chiba, Yuan –, braving, Ricky Li, “ I’m, ”, Lai, Hsiao Bi, China’s Organizations: Taipei CNN, Democratic Progressive Party, Taiwan’s, Kuomintang, KMT, Taiwan People’s Party, DPP, –, Communist Party Locations: Taipei, Taiwan’s, China, Beijing, Taiwan, AFP, United States

China launched two days of military drills starting Thursday surrounding Taiwan in what it called a “strong punishment” to its opponents on the self-governing island, after Taiwan’s new president pledged to defend its sovereignty as he took office. The drills were the first substantive response by China to the swearing in of President Lai Ching-te, whom Beijing dislikes, in Taipei on Monday. Mr. Lai’s party asserts Taiwan’s separate status from China, and in a high-profile inaugural speech on Monday, he vowed to keep Taiwan’s democracy safe from Chinese pressure. China, which claims Taiwan as its territory, has mainly responded to Mr. Lai’s speech with sharply worded criticisms. China did not say how many planes and ships it was deploying in the exercise, but the last major drill in multiple locations around Taiwan that China has conducted was in April of last year in response to the visit to Taiwan by the former House speaker, Kevin McCarthy.

Persons: Lai Ching, Kevin McCarthy Locations: China, Taiwan, Beijing, Taipei, Kinmen, Taiwan Strait

☆ China starts ‘punishment’ military drills around Taiwan days after island swears in new leader
▼ + stars: | 2024-05-22 | by ( Nectar Gan | ) edition.cnn.com time to read: +2 min

CNN —China has launched two days of military drills surrounding Taiwan in what it called “punishment” for “separatist acts,” days after the self-ruling island swore in a new democratically elected leader. China’s ruling Communist Party says the self-ruling democracy is part of its territory, despite never having controlled it, and has vowed to take the island, by force if necessary. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan at 7.45 a.m. on Thursday. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. It expressed regret to “such irrational provocations and actions that undermine regional peace and stability.”

Persons: Lai Ching, China’s, Li Xi, ” Lai, Lai Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, Democratic Progressive Party, Taiwan’s Defense Ministry Locations: China, Taiwan, Kinmen, Beijing

☆ Taiwan's new president should keep strategy consistent on cross-strait relations: Professor
▼ + stars: | 2024-05-21 | 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 EmailTaiwan's new president should keep strategy consistent on cross-strait relations: ProfessorKwei-bo Huang, professor of diplomacy at the National Chengchi University, and former Kuomintang deputy secretary-general, says "one of the best approaches" for newly sworn in Taiwan President Lai Ching-te's would be to maintain his predecessor's stance on cross-strait relations.

Persons: Kwei, Huang, Lai Ching Organizations: National Chengchi University Locations: Taiwan

☆ China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +1 min

Wang Wentao, China's commerce minister, attends a news conference on the sidelines of the National People's Congress in Beijing, China, on Wednesday, March 6, 2024. China's Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan's presidential inauguration. The move is the latest in a series of sanctions Beijing has announced in recent years against defense companies for weapons sales to Taiwan, a self-ruled island that China considers as part of its own territory. Lai Ching-te, Taiwan's new president, has vowed to strengthen Taiwan's security through imports of advanced fighters and other technology and strengthening its domestic defense industry. In April, China froze assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China.

Persons: Wang Wentao, Lai Ching Organizations: National People's Congress, China's Ministry of Commerce, Boeing, Boeing's Defense, Space & Security, General Atomics Aeronautical Systems, General Dynamics Land Systems Locations: Beijing, China, Taiwan, China's

☆ Taiwan's new President Lai Ching-te has been sworn in
▼ + stars: | 2024-05-20 | 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 EmailTaiwan's new President Lai Ching-te has been sworn inTaiwan's new president Lai Ching-te was sworn into office on Monday, after serving as Tsai Ing-wen's vice president for the last four years. All eyes are on his inaugural speech. CNBC's Emily Tan reports from Taipei.

Persons: Lai Ching, te, Tsai Ing, Emily Tan Locations: Taipei

☆ Taiwan's new President Lai Ching-te takes office amid tensions with China
▼ + stars: | 2024-05-20 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

A giant screen with a live feed shows Taiwan's President Lai Ching-te delivering his inaugural speech after being sworn into office during the inauguration ceremony at the Presidential Office Building in Taipei on May 20, 2024. Lai takes over from his predecessor Tsai Ing-wen after securing a victory in January's election that ushered in an unprecedented third presidential term for the Democratic Progressive Party. Together with Lai, Hsiao Bi-khim, 52, a former de facto Taiwan ambassador to the United States, was also sworn in as vice president. Lai is widely expected to reaffirm the status quo in cross-strait relations with China. He earlier pledged commitment to Tsai's foreign and defense policies of strengthening the island's ties with the United States and its allies as well as boosting defense capabilities.

Persons: Lai Ching, Yasuyoshi CHIBA, YASUYOSHI CHIBA, Lai, Tsai Ing, Hsiao Organizations: Presidential, Getty, Democratic Progressive Party Locations: Taipei, AFP, China, Taiwan, United States

☆ New Taiwanese president's 'main focus is domestic': Eurasia Group
▼ + stars: | 2024-05-20 | 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 EmailNew Taiwanese president's 'main focus is domestic': Eurasia GroupRick Waters, managing director of China practice at Eurasia Group, discusses new Taiwanese president Lai Ching-te's inauguration and what it means for U.S.-China relations.

Persons: Rick Waters, Lai Ching Organizations: Eurasia, Eurasia Group, U.S Locations: China

☆ HSBC discusses new Taiwan president's inaugural address
▼ + stars: | 2024-05-20 | 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 EmailTaiwan's new president delivers his inaugural address, HSBC discusses potential market impactTaiwan's new president Lai Ching-te discusses Taiwan-China relations during his inaugural speech. James Cheo, HSBC Global Private Banking and Wealth, CIO, Southeast Asia, breaks down its impact on markets.

Persons: Lai Ching, James Cheo Organizations: HSBC, HSBC Global Private Banking, Wealth Locations: Taiwan, China, Southeast Asia

Taiwan’s incoming president, Lai Ching-te, is poised to take office on Monday, facing hard choices about how to secure the island democracy’s future in turbulent times — with wars flaring abroad, rifts in the United States over American global security priorities, and political divisions in Taiwan over how to preserve the brittle peace with China. Mr. Lai has promised to steer Taiwan on a safe course through these hazards, a theme that he is likely to highlight in his inaugural speech on a public plaza in Taipei. He has said that he will keep strengthening ties with Washington and other Western partners while resisting Beijing’s threats and enhancing Taiwan’s defenses. Yet he may also extend a tentative olive branch to Beijing, welcoming renewed talks if China’s leader, Xi Jinping, sets aside his key precondition: that Taiwan accept that it is a part of China. “We’ll see an emphasis on continuity in national security, cross-strait issues and foreign policy,” said Lii Wen, the international director for Mr. Lai’s Democratic Progressive Party and an incoming spokesman for the new leader.

Persons: Lai Ching, Lai, Xi Jinping, “, ”, Lii Wen, Lai’s Organizations: Washington, Lai’s Democratic Progressive Party Locations: United States, Taiwan, China, Taipei, Beijing

Lai, 64, a former doctor, was inaugurated alongside new Vice President Hsiao Bi-khim, who recently served as Taiwan’s top envoy to the United States. Both leaders and their party are openly loathed by Beijing for championing Taiwan’s sovereignty. Lai takes up the mantle from DPP predecessor Tsai Ing-wen, who bolstered the island’s international standing and recognition during her eight years in office. He is also expected to project goodwill to China with a message of pursuing peace and prosperity across the Taiwan Strait. That deliberately nuanced stance mimics his outgoing predecessor Tsai, Taiwan’s first female president, who was unable to stand again because of term limits.

Persons: Taipei CNN — Lai Ching, te, Lai, Hsiao Bi, China’s, Tsai Ing, Tsai –, –, Xi Jinping, Tsai, Taiwan’s, rebuking Organizations: Taipei CNN, Democratic Progressive Party, Communist Party, CNN, Kuomintang, KMT, Taiwan People’s Party, DPP, ” Locations: Taipei, China, United States, Beijing, Taiwan

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

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