In a statement the Pentagon said, it has approved a potential sale of military equipment and services worth $100 million to Taiwan to “sustain, maintain, and improve” its defense systems. In a statement, the U.S. Defense Security Cooperation Agency said,… Read More ›
Taiwan
TSMC’s quarterly net profits touch record high of 6.01 billion
Taiwanese chip giant TSMC posted a 16.4% rise in quarterly profit on the back of heightened global demand for semiconductors with the Coronavirus induced COVID-19 pandemic driving up demand for chips creating a supply crunch. Although the global chip crunch… Read More ›
Honduras signals U-turn, keeps China at bay, continues diplomatic relations with US, Taiwan
In a significant development, Honduran president Xiomara Castro said, the incoming government does not plan on establishing diplomatic ties with China as it prioritizes U.S. relations, signaling a reversal of her pre-election stance. Castro appears to have won the country’s… Read More ›
Biden Administration invites Taiwan to Summit of Democracy
In a significant development, the Biden Administration has invited Taiwan to its “Summit for Democracy” scheduled to take place next month. The summit, the first-of-its-kind gathering of democracies, marks a test of US President Joe Biden’s assertion that he would… Read More ›
Taiwan opens embassy in Lithuania in diplomatic breakthrough
On Thursday, in a significant development, Taiwan opened an embassy in Lithuania in a diplomatic breakthrough, brushing aside Chinese opposition to the move. In August, China had demanded that Lithuania withdraw its ambassador to Beijing saying it would recall its… Read More ›
Taiwan commissions first combat wing of F16Vs
Faced with increased belligerent neighbor, Taiwanese President Tsai Ing-wen welcome heightened military cooperation with the United States as she commissioned the first combat wing of F-16 fighters which have been upgraded with Washington’s help to bolster its defenses. During a… Read More ›
US-China relations should not lead to an open conflict: Biden to Xi Jinping
At the start of a virtual meeting between U.S. President Joe Biden and China’s helmsman, Xi Jinping, Biden told Jinping that as leaders both should ensure that relations between the two countries do not lead to an open conflict. Xi… Read More ›
Taiwan lodges trade complaint against China at WTO
Taiwan has lodged a trade complaint against China at the World Trade Organization following Beijing’s moves to block imports of two types of fruits. Taiwan-China relations have dropped to their lowest in decades following increased Chinese belligerence. China as threatened… Read More ›
EU adopts resolution to deepen economic ties with Taiwan
On Thursday, the European Union adopted a resolution to deepen economic ties with Taiwan. Interestingly, a similar deal with China has been put on hold. The European Parliament voted 580 to 26 votes, backing a non-binding resolution requesting the European… Read More ›
Support for Taiwan rock solid: White House
With China raising the stakes in a potential invasion of Taiwan, White House press secretary Jen Psaki said, Washington’s commitment towards Taiwan is “rock solid”. “We will continue to support Taiwan’s self defense,” said Psaki.