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☆ Foxconn shares drop after report of China tax audit, land use probe
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +3 min

A woman drives past the logo of Foxconn outside the company's building in Taipei, Taiwan November 9, 2022. The Global Times did not give details of the tax or land use probes, which have not been officially announced by any Chinese government department. The Chinese state media report comes less than three months before Taiwan votes in presidential and parliamentary elections. Speaking at a campaign rally on Sunday, Taiwan Vice President Lai Ching-te, the DPP's presidential candidate and leading the polls, said the Chinese report on the investigation was "unexpected" and "regretful". Foxconn shares were down 2.4% at 0204 GMT, underperforming the broader Taiwanese market (.TWII).

Persons: Ann Wang, Foxconn, Terry Gou, Taiwan's, Huang Shih, Gou, Lai Ching, Hai, Ben Blanchard, Jacqueline Wong, Edwina Gibbs, Sonali Paul Organizations: REUTERS, Rights, Global Times, Hai Precision Industry Co, Democratic Progressive Party, Taiwan, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, China, China's, Henan, Hubei, Zhengzhou, India, U.S

☆ Apple iPhone maker Foxconn being investigated in China as founder runs for Taiwan presidency
▼ + stars: | 2023-10-23 | by ( Laura He | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. Foxconn, also known as Hon Hai Precision Industry, has iPhone factories in Guangdong and Henan, including the world’s largest in the city of Zhengzhou. The company’s listed unit in Shanghai, Foxconn Industrial Internet, plummeted by its daily limit of 10% on Monday. Terry Gou, Foxconn founder, announces bid for Taiwan presidency during a press event in Taipei on August 28. The crackdown came despite repeated calls from Chinese leaders to welcome more foreign investment to boost the country’s slowing economy.

Persons: Taiwan’s, Terry Gou, won’t, Foxconn, “, ”, Brock Silvers, Gou, Hai, ” Gou, Ann Wang, Lai Ching, — Hou Yu, Ko Wen, Zhang Wensheng, ” Zhang, Silvers Organizations: Hong Kong CNN, Global Times, CNN, Hai Precision Industry, Foxconn Technology, WPP, drugmaker Astellas Pharma, Kaiyuan, “, Apple, Communist, Taiwan, Democratic People’s Party, ih, Kuomintang, Taiwan People’s Party, Beijing, China’s Xiamen University, Financial Times, Shanghai, Economic Observer Locations: China, Hong Kong, Beijing, Guangdong, Jiangsu, Henan, Hubei, Zhengzhou, Shanghai, Taipei, Taiwan

Opposition candidates, including Gou, blame the DPP for provoking Beijing and stoking tensions, labeling the vote as a choice between war and peace. Meanwhile, the DPP’s candidate, Vice President Lai Ching-te, has framed the election as a choice between democracy and authoritarianism. Lai Ching-te, Taiwan's Vice President and presidential hopeful, meets the foreign press in Taipei on August 25. In addition to securing 290,000 votes before November, Gou also needs to announce his running mate before September 17, as required by Taiwan’s Central Election Commission. “Gou is really having a race against time, and time is really not in his favor,” Sung said.

Persons: Terry Gou, Tsai Ing, Xi, China –, Lai Ching, “ Don’t, ”, Lai, Taijing Wu, Priding, Foxconn, Gou, China’s, ” Gou, roiling, Hou Yu, Ko Wen, Hou, who’s, “, Ko, Sung, ” Sung Organizations: CNN, Democratic Progressive Party, Harvard, ”, Communist Party, Chinese Communist Party, Kuomintang, KMT, ih, New, Taiwan People’s Party, Australia National University’s Taiwan Studies, Reuters, Taiwan’s Locations: Taiwan, China, Ukraine, Beijing, Moscow, United States, Lai, Taipei, Shenzhen, Taiwan Strait, Diaoyutai, Foxconn, New Taipei City

☆ The billionaire founder of a key Apple supplier announced his Taiwan presidency run, saying Beijing can't threaten him because of his links with Apple, Tesla, Amazon, and Nvidia
▼ + stars: | 2023-08-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Gou said investors would lose confidence in China if the country confiscated Foxconn's assets. AdvertisementAdvertisementTerry Gou, the billionaire founder of Foxconn — a key supplier to Apple — has thrown his hat into the ring for Taiwan's presidential election. Gou said Beijing — which claimed self-ruled Taiwan as its territory — wouldn't be able to use the businessman's vast empire to influence him. Gou said Foxconn's clients include the most important names on Wall Street, including Apple, Amazon, Tesla, and the current investor-favorite, Nvidia. So, supply chains would be massively disrupted if Beijing confiscated Foxconn's assets, he said.

Persons: Terry Gou, he's, Gou, Foxconn, Apple —, Foxconn —, William Lai Ching, Hou Yu, Ko Wen Organizations: Morning, Apple, Hai Technology, Chinese Communist Party, Nvidia, Communist Party, Bloomberg, Taiwan's, KMT, Democratic Progressive Party, ih, New, Kuomintang, Taiwan People's Locations: Beijing, China, Taiwan, Taipei, Foxconn, New Taipei City

☆ US trip pays off for Taiwan VP with China drills more 'thunder than rain'
▼ + stars: | 2023-08-21 | by ( Ben Blanchard | ) www.reuters.com time to read: +5 min

China has a particular dislike of Lai, the frontrunner in polls ahead of January's presidential election, due to his previous comments about being a "worker for Taiwan independence". In his public events he talked about peace and dialogue, though he also said that Taiwan would not back down in the face of threats. "These drills were a lot of thunder, but less rain." 'NO SURPRISES'Lo Chih-cheng, a senior lawmaker for the ruling Democratic Progressive Party, said Lai's trip was also about the broader process of showing him to the United States as a steady and trustworthy leader. China could take other, trade-related, steps to punish Taiwan, having previously stopped Taiwanese fruit and fish imports.

Persons: William Lai, Carlos Garcia Rawlins, Lai, Ma Chen, Shen Dingli, Lai Ching, Lo Chih, cheng, Lo, Ko Wen, Xi Jinping, Ben Blanchard, Raju Gopalakrishnan Organizations: International Airport, REUTERS, Rights, Taiwan, U.S, Liberation Army, National Defence University, United States, Relations, Democratic Progressive Party, Taiwanese Public, National Taiwan Normal University's Graduate, of Political, Thomson Locations: United States, New York, Paraguay, Taoyuan, Taiwan, Rights TAIPEI, China, U.S, United, Shanghai, Taipei, Beijing, Washington, Asia

☆ In Warning to Taiwan, China Announces Military Patrols
▼ + stars: | 2023-08-18 | by ( Amy Chang Chien | More About Amy Chang Chien | ) www.nytimes.com time to read: +1 min

China’s military said it would stage “joint combat readiness” patrols around Taiwan on Saturday, sending a warning gesture to the island democracy soon after a leading candidate in Taiwan’s presidential election finished an overseas trip that Beijing had denounced. Vice President Lai Ching-te, the candidate, had flown to Paraguay — one of 13 states that keeps diplomatic relations with Taipei, and not Beijing — making stops in the United States on his way there and back. The Chinese government is trying to curtail the international activities of Taiwan, which it claims as its own territory. It especially objects to Taiwanese leaders’ visits to the United States, the island’s most important political and military supporter. He is the presidential candidate of Taiwan’s ruling Democratic Progressive Party, which favors asserting Taiwan’s distinctive identity and sovereignty — a position that Beijing condemns as threatening its claim to the island.

Persons: Lai Ching, ’, Lai’s, Taiwan’s, Lai, Shi Yi Organizations: Democratic Progressive Party, Eastern Theater, People’s Liberation Army Locations: Taiwan, Beijing, Paraguay, Taipei, United States

Vice President Lai Ching-te of Taiwan rose to prominence as a pugnacious opponent of Beijing’s claims over the island. But now, as a leading candidate in Taiwan’s presidential race, he is likely to present a more muted persona when he visits the United States starting Saturday. Expect restraint, not rousing speeches, Taiwanese officials and scholars say. Nonetheless, his stops in New York and San Francisco will be closely watched — in Taiwan, in Beijing and in Washington — for clues to how he might handle crucial relations with the United States and China as president, a top issue in Taiwan’s intense presidential race. And his visit, however low-key, is also likely to prompt an escalation of Chinese military flights and naval maneuvers near Taiwan, bringing into focus the risks of real conflict over its future.

Persons: Lai Ching, Beijing’s, Washington —, there’s, ”, Shu Hsiao, huang, ” Mr, Lai, William Organizations: United States, People’s Liberation Army, Taiwan’s Institute for National Defense and Security Research, Democratic Progressive Party Locations: Taiwan, New York, San Francisco, Beijing, Washington, United States, China, Taipei

Chinese naval ships and air force planes have been edging closer to Taiwan’s territorial seas and skies, probing the island’s vigilance and trying to wear down its military planes and ships. China’s increasing presence there signals its intent to dominate an expanse of sea that could be vital for the island’s defenses, including for securing potential aid from the United States in a conflict, experts say. Mr. Lai leaves on Saturday for Paraguay, and is scheduled to stop in the United States on his way there and back. Beijing regards such transits in the United States as an affront to its stance that Taiwan is not an independent state. Mr. Lai is also the presidential candidate for the Democratic Progressive Party, which supports asserting Taiwan’s separate status, a position that Beijing condemns as “separatism.”

Persons: Lai Ching, Lai, ” Organizations: Pacific, Democratic Progressive Party Locations: China, Taiwan, United States, Beijing, Paraguay

☆ China says its 'priority' is to stop Taiwan VP visiting US next month
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 20 (Reuters) - It is China's "priority" to stop Taiwan's vice president and presidential frontrunner William Lai from visiting the United States next month, the country's ambassador in Washington said on Wednesday, as Beijing steps up its warnings against the trip. Provocative moves by Taiwan "separatists" should be contained, he added. "Now the priority for us is to stop Lai Ching-te from visiting the United States, which is like a grey rhino charging at us," Xie said, using Lai's Chinese language name. Taiwan President Tsai Ing-wen and her government have repeatedly offered talks with China but been rejected, as Beijing views them as separatists. In August and then again in April, China staged large-scale war games around Taiwan, angered by the August visit to Taiwan of then-U.S. House Speaker Nancy Pelosi and in April by Taiwan President Tsai Ing-wen meeting current House Speaker Kevin McCarthy in Los Angeles, while she was transitting back from a visit to Central America.

Persons: William Lai, Lai, Democratic Progressive Party's, Xie Feng, Xie, Lai Ching, Tsai Ing, Both Tsai, Nancy Pelosi, Kevin McCarthy, Ben Blanchard, Stephen Coates Organizations: United, Democratic Progressive, Aspen Security, ., Taiwan, Central America, Beijing, Thomson Locations: BEIJING, United States, Washington, Beijing, China, Taiwan, Taipei, Paraguay, Los Angeles, Central, Tapei

CNN —Taiwan’s Vice President Lai Ching-Te is expected to transit the US next month en route to Paraguay, the island’s presidential office announced at a news conference Monday. The Biden administration expects the transit to occur “without incident,” a senior administration official said Sunday. The transit comes as the Biden administration is working to regularize the pace of diplomacy with Beijing, with three top administration officials visiting China in the last month. “These transits of senior officials are unofficial in keeping with our US One China policy,” the official said, calling the transits fairly common. Candidates from other political parties may also visit the US later this year, but the senior administration official did not provide detail about future possible trips.

Persons: CNN —, Lai Ching, Biden, ”, Lai, We’ve, hasn’t, China’s, Mao Ning, ’, ” Mao, Tsai Ing, Kevin McCarthy, John Kerry, Antony Blinken, Janet Yellen, “ We’ve Organizations: CNN, US, ”, Democratic Progressive Party, Communist Party, Foreign Ministry, Biden, Presidential Locations: Paraguay, Beijing, China, Taiwan, Lai, Washington, California, Ukraine

☆ My Plan to Preserve Peace in the Taiwan Strait
▼ + stars: | 2023-07-05 | by ( Lai Ching-Te | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: taiwan

☆ Un sportiv din Hong Kong a escaladat un zgârie-nori în scaun cu rotile
▼ + stars: | 2021-01-18 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Curajul lui Lai a determinat oamenii să doneze masiv și s-au strâns 670.639 de dolari (5,2 milioane în moneda locală, dolari Hong Kong). Alpinistul în vârstă de 37 de ani a rămas paralizat de la brâu în jos după un accident de mașină care a avut loc în urmă cu 10 ani. În urmă cu cinci ani, a urcat pe muntele Lion Rock, înalt de 495 de metri, un simbol cultural local. – cățărarea), știind că există posibilitatea de a urca munți, chiar și într-un scaun cu rotile. Într-un fel, am uitat că sunt o persoană cu dizabilități”, a declarat sportivul din scaunul cu rotile.

Persons: Lai Organizations: CNN, Hong, Nina Locations: Hong Kong, Asiei

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