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Taipei mayor to visit China as tensions simmer with Taiwan
  + stars: | 2023-08-18 | by ( ) www.reuters.com   time to read: +2 min
Taipei Mayor Chiang Wan-an with his team after the annual Minan civilian defense drill, which this year focuses on the response from various agencies and volunteer groups if under attack by China in front of Taipei City hall in Taipei, Taiwan May 4, 2023. Taipei Mayor Chiang Wan-an, from the main opposition party the Kuomintang, which traditionally favours close relations with China, will go to Shanghai on Aug. 29-31 for the Taipei-Shanghai City Forum, which was first held in 2010. The Taipei city government said Chiang, a rising Kuomintang star, would lead the delegation to the forum, the theme of which this year is "new trends, new development". The Kuomintang has pushed to resume contacts with China since pandemic controls were lifted, saying that dialogue was needed now more than ever given the tensions over Taiwan. China, which claims the island as its territory, has been carrying out military activities near Taiwan, including regularly sending fighter jets into the air space around it.
Persons: Chiang Wan, Ann Wang, Tsai Ing, Taipei Mayor Chiang Wan, Chiang, Ma Ying, Ben Blanchard, Robert Birsel Organizations: REUTERS, Rights, Shanghai, Kuomintang, Forum, Thomson Locations: Taipei, China, Taipei City, Taiwan, Rights TAIPEI, Shanghai, Taipei Mayor, Taiwan's, Kuomintang
Taiwan’s Vice President William Lai speaks to the media upon arrival at Taoyuan International Airport as he returns from a trip to the United States and Paraguay, in Taoyuan, Taiwan August 18, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsTAOYUAN, Taiwan, Aug 18 (Reuters) - Taiwan Vice President William Lai returned on Friday from a sensitive visit to the United States, thanking the Taiwanese people for supporting a trip he said showed the island's "self confidence" venturing into the international community. "Because of everyone's hard work, Taiwan's power is stronger and stronger, and it showed the international community that Taiwan is a force for good, that the international community really pays great attention to Taiwan," he said. China claims Taiwan as its territory and denounced the transit stops in the U.S., calling Lai a separatist and a "troublemaker". "Thank you for your contributions to the country and to society," he said, "allowing Taiwan to very progressively, self confidently and respectfully go into the international community, and winning the support of the international community."
Persons: William Lai, Carlos Garcia Rawlins, Lai, Tsai Ing, Fabian Hamacher, Chang, Kim, Ben Blanchard, David Gregorio, Lincoln Organizations: Taoyuan International Airport, REUTERS, Rights, Taiwan, American Institute, U.S, Russian, Pacific, East China Seas, Thomson Locations: Taoyuan, United States, Paraguay, Taiwan, Rights TAOYUAN, China, U.S, New York, San Francisco, Taipei, Beijing, Okinawa, Miyako, East, Tokyo
Taiwan's Vice President William Lai speaks during a welcome dinner in Asuncion, Paraguay, in this handout picture released on August 15, 2023. Taiwanese officials say China could launch military drills this week, using Lai's stopovers in the United States as a pretext to intimidate voters ahead of an election next year and make them "fear war". China, which claims Taiwan as its own territory, has an particular dislike of Lai who has in the past described himself as a "practical worker for Taiwan independence". China considers Taiwan to be its most sensitive and important political and diplomatic issue, and it is a constant source of Sino-U.S. friction. China says Taiwan has no right to state-to-state ties and has been trying to pick off Taiwan's remaining diplomatic allies.
Persons: William Lai, Lai, Tsai Ing, Kevin McCarthy, Lai's, Li Shangfu, Deb Haaland, King Felipe VI, Luiz Inacio Lula da Silva, Taipei's, Ben Blanchard, Lincoln Organizations: Taiwan Presidential, REUTERS Acquire, Rights, Taiwan, Central News Agency, U.S, Chinese Defence, Thomson Locations: Asuncion , Paraguay, Taiwan, Rights TAIPEI, U.S, China, Paraguay, United States, January's, New York, California, Central America, York, San Francisco, Taipei, Moscow, Asuncion, Honduras, Beijing
Taiwan sees no Chinese military response to VP's US trip
  + stars: | 2023-08-15 | by ( Yimou Lee | ) www.reuters.com   time to read: +3 min
REUTERS/Dado Ruvic/Illustration/File PhotoTAIPEI, Aug 15 (Reuters) - Taiwan's defence ministry said on Tuesday it has not seen large-scale exercises or any other action by the Chinese military near the island after China condemned a brief U.S. visit by Taiwan Vice President William Lai. When asked at a press conference about Chinese military activity in response to Lai's trip, defence ministry spokesperson Sun Li-fang, said it was the responsibility of the armed forces to track any Chinese activities near Taiwan. However, Taiwan had not seen any "relatively large-scale" drills or actions by China's military, he said. Beijing has launched almost daily military incursions into Taiwan's air defence zone in recent years seeking to pressure Taipei to accept Chinese sovereignty. Both Taiwan and the United States are aiming for Lai's U.S. stop-overs to be as low-key as possible, saying that such transits are routine.
Persons: Dado Ruvic, William Lai, Lai, Sun Li, Sun, Su, Tsai Ing, Kevin McCarthy, Taiwan Premier Chen Chien, jen, Chen, Yimou Lee, Ben Blanchard, Gerry Doyle Organizations: REUTERS, Taiwan, Lai's U.S, U.S, Chinese Communist Party, Thomson Locations: TAIPEI, China, U.S, William Lai . China, Paraguay, Taiwan, Beijing, Taipei, San Francisco, California, United States, New York, Taiwan Premier, Lai's
TAIPEI, Aug 15 (Reuters) - The leading candidate to be Taiwan's new president, Vice President William Lai, said in an interview on Tuesday that he has no plans to change the island's formal name, but reiterated that Taiwan is "not subordinate" to China. It is not part of the People's Republic of China," he said in an interview with the Bloomberg news agency. "The current name, according to our constitution, is the Republic of China," Lai said, according to a transcript published by his campaign team. "And in respect to unifying Taiwanese society, President Tsai has used the term Republic of China (Taiwan) to describe our country. President Tsai Ing-wen cannot run again after serving two terms in office.
Persons: William Lai, Lai, Mao Zedong's, Tsai, Tsai Ing, Ben Blanchard, Gerry Doyle Organizations: Bloomberg, ROC, Thomson Locations: TAIPEI, Taiwan, China, Beijing, Republic of China, People's Republic of China, ROC, Paraguay, Taipei, New York, San Francisco
Taiwan will not back down to threats, Taiwan VP says on US trip
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +3 min
[1/5] Taiwan's Vice President William Lai speaks during a luncheon in New York City, New York, U.S., in this handout picture released on August 14, 2023. Lai told a supporters lunch in New York on Sunday that "if Taiwan is safe, the world is safe, if the Taiwan Strait is peaceful, then the world is peaceful", according to Taiwan's presidential office. China considers Taiwan its most important diplomatic issue, and is a constant source of friction between Beijing and Washington, which is the island's most important international backer and arms supplier. Lai's speech was attended by Ingrid Larson, managing director of the American Institute in Taiwan, a U.S. government-run non-profit that carries out unofficial relations with Taiwan. China carried out war games around Taiwan in April after Taiwan President Tsai Ing-wen returned from California where she met U.S. House Speaker Kevin McCarthy while also on a transit on her way back from Central America.
Persons: William Lai, Lai, Ingrid Larson, Tsai Ing, Kevin McCarthy, Ben Blanchard, Lincoln Organizations: Taiwan Presidential, REUTERS, American Institute, U.S, Eastern Theatre Command, Liberation Army, Taiwan, Central America, Thomson Locations: New York City , New York, U.S, Taiwan, REUTERS TAIPEI, Beijing, China, United States, Paraguay, San Francisco, New York, Washington, Republic of China, People's Republic of China, Taipei, California, Central
CNN —Taiwan will never back down in the face of growing threats from China, the island’s vice president and presidential hopeful said Sunday during a transit through the United States, defying Beijing’s condemnation of his trip. William Lai, a front-runner in Taiwan’s presidential race in January, made a stop in New York en route to Paraguay, where he will attend the inauguration of its new president Tuesday. “When Taiwan is safe, the world is safe, and when there is peace on the Taiwan Strait, there will be world peace,” Lai said, according to Taiwan’s presidential office. In March, Taiwan’s President Tsai transited in California and met with US House Speaker Kevin McCarthy, despite warnings and threats from Beijing. Following Tsai’s trip, China launched three days of live-fire military drills around Taiwan.
Persons: William Lai, Lai, Taiwan’s, ” Lai, , Xi Jinping, Tsai Ing, Tsai, Xi, , Kevin McCarthy Organizations: CNN, Communist Party, US, Democratic Progressive Party, Harvard, Kuomintang, China’s Communist Party, Taiwan’s Locations: Taiwan, China, United States, New York, Paraguay, , Taiwan Strait, , San Francisco, Beijing, California
China condemns visit of 'troublemaker' Taiwan VP to US
  + stars: | 2023-08-13 | by ( Ryan Woo | ) www.reuters.com   time to read: +4 min
China, which claims democratically governed Taiwan as its own territory, has repeatedly denounced Lai's trip, which includes another stopover in San Francisco on Wednesday on his way back to Taipei. In a statement issued shortly after Lai landed in New York on a scheduled flight from Taipei, China's foreign ministry said it opposed any form of visit by "Taiwan independence separatists" to the United States. "Lai stubbornly adheres to the separatist position of Taiwan independence and is a troublemaker through and through," the ministry said. China has stepped up its military activities around Taiwan over the past three years, seeking to force the island into accepting Beijing's sovereignty. In April, China staged war games around Taiwan in an angry response to Taiwan President Tsai Ing-wen meeting U.S. House Speaker Kevin McCarthy in California on a stopover on the way back to Taipei following her visit to Central America.
Persons: William Lai, Carlos Garcia Rawlins, Lai, Lai's, Washington's, Laura Rosenberger, Wang Yi, Joe Biden, Xi Jinping, Tsai Ing, Kevin McCarthy, Ryan Woo, Yimou Lee, Ben Blanchard, William Mallard, Jamie Freed Organizations: Taoyuan International Airport, REUTERS, Carlos Garcia Rawlins BEIJING, Taiwan, U.S, American Institute, Eastern Theatre Command, Liberation Army, Chinese Foreign, Central America, Thomson Locations: Taoyuan, United States, New York, Paraguay, Taiwan, U.S, Beijing, China, San Francisco, Taipei, Taiwan Strait, Washington, California, Central
The United States has described the stopovers as routine and no reason for China to take "provocative" action. Neither Taiwan nor the United States have given details of Lai's schedule on his stopovers. That includes the prospect of a visit to the United States by Chinese Foreign Minister Wang Yi, which could pave the way for a meeting between U.S. President Joe Biden and Chinese President Xi Jinping. Taiwan believes the scale of the exercises could be smaller than those in April, the Taiwanese official said. Chinese state television this month ran an eight-part series on the People's Liberation Army, some of which focused on Taiwan.
Persons: William Lai's stopovers, Lai, Tsai Ing, Kevin McCarthy, Biden, Wang Yi, Joe Biden, Xi Jinping, China, Jeff Liu, Yimou Lee, Ben Blanchard, Liz Lee, Michael Martina, Robert Birsel Organizations: United, House, Taiwan Affairs Office, People's Liberation Army, China's Eastern Theatre Command, Reuters, Chinese Foreign, American Institute, The U.S . State Department, Thomson Locations: TAIPEI, China, Taiwan, United States, U.S, Beijing, Los Angeles, Taiwan Strait, New York, Paraguay, San Francisco, stoke, Virginia, The, Taipei, Washington
REUTERS/Dado Ruvic/Illustration/File PhotoAug 10 (Reuters) - China's Alibaba Group Holding (9988.HK) reported its strongest quarterly revenue growth in almost two years on Thursday, boosted by a mid-year shopping festival that attracted bargain hunting consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figurebeat analysts' estimates of 224.92 billion yuan, according to Refinitiv data. Regulatory concern has eased for China's tech giants, including Alibaba, this year, with Chinese authorities keen to boost private sector confidence. (1 Chinese yuan renminbi = $0.1387)Reporting by Yuvraj Malik in Bengaluru; Editing by Shounak Dasgupta and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Daniel Zhang, Eddie Yongming Wu, Alibaba's, Joseph Tsai, Yuvraj Malik, Shounak Dasgupta, Sharon Singleton Organizations: REUTERS, HK, Cloud Intelligence Group, Tmall, PDD Holdings, Thomson Locations: U.S, China, Alibaba, Bengaluru
REUTERS/Aly Song/File PhotoTAIPEI, Aug 9 (Reuters) - Ten Chinese air force aircraft entered Taiwan's air defence zone on Wednesday accompanying five Chinese warships engaged in "combat readiness" patrols, the island's defence ministry said, the second such incursion this week. Those aircraft were acting in coordination with five Chinese warships engaging in "combat readiness" patrols, it said. China staged war games around Taiwan in April after President Tsai Ing-wen returned home from a visit to the United States where she met U.S. House Speaker Kevin McCarthy. Taiwan Vice President William Lai leaves for the United States this week on his way to Paraguay on what is officially only a transit but which has angered China. It was China's "priority" to stop Lai from visiting the United States, Beijing's ambassador to the U.S. said last month.
Persons: Aly, Tsai Ing, Kevin McCarthy, Nancy Pelosi, William Lai, Lai, Taiwan's, Ben Blanchard Organizations: Liberation Army, PLA, REUTERS, U.S, Taiwan, Thomson Locations: China's, Taiwan, Pingtan, Fujian province, China, TAIPEI, Beijing, Taiwan Strait, United States, Taipei, Paraguay
Analysis: No decoupling, but West and China drift apart
  + stars: | 2023-08-08 | by ( Mark John | ) www.reuters.com   time to read: +5 min
Containers are seen at the Yangshan Deep Water Port in Shanghai, China, as the coronavirus disease (COVID-19) outbreak continues, October 19, 2020. But underlying trade and investment trends point to an unmistakable long-term drift in commercial ties with the West. Take foreign direct investment - the more forward-looking clue as to where commercial ties between countries are heading. WATCH GERMANYSome, meanwhile, point to the fact that U.S.-China trade - exports and imports of goods combined - hit a record $690 billion last year as evidence that the reality does not match the frosty political rhetoric. Last month's China strategy document unveiled by Chancellor Olaf Scholz's three-way coalition left open exactly how far Berlin would ultimately go in reining in commercial ties.
Persons: Aly, China's, Louise Loo, Stephen Roach, Yale Law School's Paul Tsai, Angela Merkel, Chancellor Olaf Scholz's, Mark Leonard, , Joe Biden, Loo, Mark John, Christina Fincher Organizations: REUTERS, West, Oxford Economics, Yale Law, Yale Law School's Paul Tsai China Center, Reuters, European Council, Foreign Relations, – Mercedes, Benz, BMW, Volkswagen, BASF –, Oxford, Thomson Locations: Port, Shanghai, China, United States, Europe, GERMANY, Germany, Berlin, reining, Taiwan, U.S
Japan's Former Prime Minister and current Vice-President of the ruling Liberal Democratic Party, Taro Aso, speaks during the Ketagalan Forum in Taipei, Taiwan August 8, 2023. "I believe that now is the time for Japan, Taiwan, the United States and other like-minded countries to be prepared to put into action very strong deterrence," he said in remarks streamed online. He added that clearly showing the will to defend Taiwan was a form of deterrence. Aso is the most senior Japanese political official to visit Taiwan since 1972. In 2021, Aso, then deputy prime minister, called any invasion of Taiwan by China a "threat to Japan's survival" and said Japan and the U.S. would defend Taiwan together should such an incident happen.
Persons: Taro Aso, Carlos Garcia Rawlins, Aso, Japan's, Tsai Ing, Tsai, Sakura Murakami, Satoshi Sugiyama, Kantaro, Ben Blanchard, Chang, Ran Kim, Gerry Doyle Organizations: Liberal Democratic Party, REUTERS, Japanese, Thomson Locations: Taipei, Taiwan, Japan, United States, Taiwan Strait, China, U.S, TOKYO
BEIJING, Aug 6 (Reuters) - China's decision to join international talks in Saudi Arabia this weekend seeking to end Russia's war in Ukraine signals possible shifts in Beijing's approach but not a U-turn in its support for Moscow, analysts say. "Beijing will not want to be absent from other credible peace initiatives that are led by non-Western countries." China did not attend the talks in Copenhagen in late June, despite being invited and having proposed its own 12-point plan for peace. Ukrainian Foreign Minister Dmytro Kuleba called Li's involvement a "considerable breakthrough", according to Ukrainian media. While China's move was good for its image, Singapore-based analyst Li Mingjiang said Beijing would be looking to fine-tune its positions.
Persons: Yun Sun, Li Hui, Xi Jinping, Qin, Vladimir Putin, Dmytro Kuleba, Shen Dingli, Shen, China's, Li Mingjiang, Li, Geng Shuang, Moritz Rudolf, Yale Law School's Paul Tsai, Laurie Chen, Martin Quin Pollard, Greg Torode, William Mallard Organizations: NATO, Stimson, Qin Gang, People's Liberation Army Rocket Force, U.S, Ukrainian, Rajaratnam, of International Studies, United Nations, Security, Yale Law, Yale Law School's Paul Tsai China Center, Thomson Locations: BEIJING, Saudi Arabia, Ukraine, Moscow, Beijing, Denmark, Russia, China, Washington, Jeddah, Copenhagen, Shanghai, Singapore
TAIPEI, Aug 2 (Reuters) - Taiwan Vice President William Lai will stop in New York and San Francisco in the United States on his way to and from Paraguay for the inauguration of its new president, Taiwan's presidential office said on Wednesday. Taiwan's government last month announced Lai's transits without specifying details, drawing ire from Beijing, which slammed Lai as a separatist. Lai, the front-runner for the island's presidential vote in January, will stop in New York on Aug. 12 on his way to Paraguay and in San Francisco on Aug. 16 on his way back to Taiwan, the office said. Yui said the arrangement for the U.S. transit was based on the principles of comfort, safety, convenience and dignity. Reporting By Sarah Wu and Yimou Lee; Editing by Jacqueline Wong and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: William Lai, Taiwan's, Lai, Alexander Yui, Yui, Nancy Pelosi, Tsai Ing, Kevin McCarthy, Sarah Wu, Yimou Lee, Jacqueline Wong, Gerry Doyle Organizations: Taiwan, Presidential, ., Central America, Thomson Locations: TAIPEI, New York, San Francisco, United States, Paraguay, Beijing, Taipei, China, Taiwan, Los Angeles, Central
In his address, Xi said the military must broaden its combat capability and readiness, the official Xinhua news agency reported. "We need to push for new equipment and new forces to accelerate forming combat capabilities and integrate into the combat system," Xi told the Peoples Liberation Army Air Force's western theatre command during a visit last Wednesday, Xinhua reported on Sunday. Marking the anniversary on Tuesday, an editorial in the official PLA Daily newspaper said the military had "enhanced its ability to carry out diversified military tasks in a wider space". "When the Chinese military conducts an exercise, it is showing force - it is bestowing or sending a message to other countries," he said. At sea, China is readying its aircraft carriers to extend and assert its power beyond its home waters.
Persons: Xi Jinping, Florence, HONG KONG, Xi, Song Zhongping, Drew Thompson, National University of Singapore's Lee, Thompson, Tsai Ing, Kevin McCarthy, China's J, Shi Yunjia, Greg Torode, Albee Zhang Organizations: Communist Party of China, Military Museum of, REUTERS, People's Liberation Army, PLA, Xinhua, Peoples Liberation Army Air, PLA Daily, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, Reuters, People's, of Army, U.S, House, China Morning Post, Western, Thomson Locations: Beijing, China, HONG, Tuesday's, Russia, United States, U.S, Washington, Taiwan, Japan, Shandong, Fujian, South Korea, Guam
Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.
Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, , Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, , Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, , California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union
TAIPEI, July 28 (Reuters) - Six years after the #MeToo movement rose to global prominence and toppled powerful perpetrators of sexual abuse, Taiwan is racing to reform laws and provide training and support as it reckons with its own wave of complaints. The drama mirrored reality two months ago when an allegation of sexual abuse surfaced that was linked to Taiwan's ruling party. Her criticism of the then-head of the Democratic Progressive Party's women's affairs department for dismissing her complaint went viral. COMPANIES RESPOND TOOBusinesses are also responding by investigating complaints and training staff in preventing abuse. Hsieh said he hoped exposure to the movement at a young age would help his daughters develop a sense of equality.
Persons: Lai Pei, Lai, Chen Chien, jou, Tsai Ing, Chen Chao, Lee Yen, jong, Lee, Peng Yen, Liu Jung, jen, Liu, Yu Mei, Yu, Johnson Hsieh, Hsieh, Sarah Wu, John Geddie, Robert Birsel Organizations: Netflix, Facebook, Democratic Progressive, National Taiwan University, Women's Foundation, Reuters, Taiwan Bar Association, Thomson Locations: TAIPEI, Taiwan, Asia, Taipei
In many ways, Taiwan’s a nice place to live. We have laws in place for sexual harassment on campuses and in the workplace. On July 13, Taiwan’s cabinet proposed harsher penalties for perpetrators of sexual harassment and increased support for survivors under the three existing gender equality laws. The movement has grown far beyond politics, with dozens of men and women from a variety of backgrounds coming forward with their own stories of being victimized. People are expected to respect and yield to their elders and superiors — in short, the powers that be.
Persons: , Chen Chien, Hsueh Chao, Tsai Ing, Hsueh Organizations: Democratic Progressive Party Locations: Taiwan
[1/6] Black Hawk helicopters prepare to land at Taoyuan International Airport as part of the annual Han Kuang military exercise in Taoyuan, Taiwan July 26, 2023. REUTERS/Ann WangTAOYUAN, Taiwan, July 26 (Reuters) - Taiwan conducted an anti-aircraft landing drill at its main international airport for the first time on Wednesday, simulating the repulsion of an invading force as China ramps up military pressure to force the island to accept its sovereignty. The drill at the island's main Taoyuan international airport was part of Taiwan's main annual Han Kuang exercises that started on Monday, focusing on protecting its infrastructure and striking incoming enemy ships to keep key waterways open. Soldiers carrying rifles were seen running on the runway to fight off enemy forces being dropped off by the helicopters. Tsai has made modernising the military a top priority, pushing for various defence projects including developing Taiwan's own jets and submarines.
Persons: Han, Ann Wang, Han Kuang, Tsai Ing, Tsai, Fabian Hamacher, Yimou Lee, Christian Schmollinger Organizations: Taoyuan International Airport, REUTERS, Thomson Locations: Taoyuan, Taiwan, Ann, Ann Wang TAOYUAN, China, island's, Taiwan's, Taipei
Brooklyn Nets Co-Owner on emerging leagues and measuring risk
  + stars: | 2023-07-25 | 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 EmailBrooklyn Nets Co-Owner on emerging leagues and measuring riskBSE Global Vice Chair, New York Liberty Governor and Brooklyn Nets Co-Owner Clara Wu Tsai discusses the value of emerging leagues and measuring risk while staying competitive.
Persons: Clara Wu Tsai Organizations: Brooklyn Nets Co, Global, New York Liberty Governor
Sirens sounded at 1:30 p.m. (0530 GMT) for the mandatory street evacuation drills, which effectively shut towns and cities including its capital Taipei for 30 minutes. An "air raid alert", asking people to evacuate to safety immediately, was sent via text message. Tourists with luggage were seen taking shelter in a subway station, some shocked and not sure what had happened. Other parts of Taiwan, where periodic air-raid drills are required by law, will carry out street evacuation drills this week. Reporting By Angie Teo, Fabian Hamacher and Ann Wang; Writing by Yimou Lee; Editing by Lincoln Feast.
Persons: Ann Wang, Tsai Ing, Wan, Lee Jang Ho, William Lai, Angie Teo, Fabian Hamacher, Yimou Lee, Lincoln Organizations: REUTERS, Facebook, Taiwan, Thomson Locations: Taipei, Taiwan, Ann Wang TAIPEI, Beijing, China, Ximending, South Korea, United States
The S&P 500 is up nearly 19% year-to-date and closed on Thursday at 4,534.87, only about 6% below an all-time high reached in January 2022. What the Fed does and says next week will be critical," said Cliff Corso, chief investment officer at Advisors Asset Management. "Bearish investors have had to capitulate," said Liz Ann Sonders, chief investment strategist at Charles Schwab. The bank last month raised its year-end S&P 500 target to 4,500, from 4,000. However, Christopher Tsai, chief investment officer at Tsai Capital, is not worried about buying into an overvalued market.
Persons: Cliff Corso, Jonathan Golub, Tom Lee, Ed Yardeni, Liz Ann Sonders, Charles Schwab, Eric Freedman, Goldman Sachs, Sunitha Thomas, We've, Christopher Tsai, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Richard Chang Organizations: YORK, Federal Reserve, Fed, Asset Management, Jonathan Golub of Credit Suisse, Fundstrat Global, Yardeni Research, National Association of Active Investment, U.S, Bank Wealth Management, Consumers, Northern Trust, Tsai, MSCI Inc, Zoetis Inc, Thomson Locations: U.S, Jonathan Golub of
TAIPEI, July 21 (Reuters) - Taiwan is investigating a potential leak of official documents including diplomatic cables and classified reports on the island's sensitive bid to join a global trade pact, according to two officials familiar with the probe. Taiwan and China both applied in 2021 to join the CPTPP, a landmark trade pact between 11 countries - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Beijing has said it strongly opposes Taiwan's membership because Taiwan is part of China and therefore ineligible to join international bodies on its own. Taiwan is however a member of the World Trade Organization, designated as a separate customs territory called Taiwan, Penghu, Kinmen and Matsu. Taiwan strongly rejects Chinese sovereignty claims and says only Taiwanese people can decide their future.
Persons: Taiwan's, Tsai Ing, China's, Yimou Lee, John Geddie Organizations: Reuters, Trans, Pacific, Taiwan's, National Security Bureau, World Trade Organization, Thomson Locations: TAIPEI, Taiwan, China, Japan, Vietnam, Washington, United States, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Britain, Beijing, Matsu, Lincoln
These drones range from jet-powered, long range surveillance aircraft to small quadcopters deployed by ground troops. Taiwan should accelerate mass production of a range of military drones to boost self-reliance in the struggle with Beijing, it concluded. U.S. drones range in size from two-kilogram, hand-launched drones to 14,500-kilogram long range surveillance drones. Unlike Taiwan, China began mass-producing unmanned aircraft long before the Ukraine conflict. Hundreds of technology experts, including specialists in AI, were recruited to the military, according to UCSD analyst Cheung.
Persons: Tsai Ing, , Tsai “, Max Lo, , Hawk Yang, Yang, Tsai, Joe Biden, , Lo, Tai Ming Cheung, ” Cheung, Nancy Pelosi, ” Tsai, Chang, Xi Jinping, Xi, Cheung, ” Elsa Kania Organizations: Reuters, People’s Liberation Army, Thunder Tiger Group, , Communist Party, Taiwan, Taiwan Affairs Office, U.S . Department of Defense, White, Pentagon ., Teal, University of California, PLA, U.S . House, Airborne, Washington -, Strategic & International Studies ., Royal United Services Institute, 20th Party Congress, UCSD, Center, New, New American Security, China's Ministry of Defense, Pentagon Locations: Russia, Ukraine, Taipei, Taiwan, China, Asia, United States, Australia, Japan, South Korea, America, Republic of China, “ China, Kinmen, Beijing, Washington, Pentagon . U.S, U.S, University of California San Diego, Chiayi, Strategic & International Studies . Ukraine, London, Chang Kong, Today, New American
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