In a significant development, Britain’s new aircraft carrier the HMS Queen Elizabeth made a pit stop in Singapore as part of a move to boost Britain’s military presence in Asia midst rising tensions in the region. The aircraft carrier led… Read More ›
Taiwan
China’s irrational unilateral trade behavior against Taiwan casts shadow on its application to join CPTPP
Taiwan has threatened to drag China to the World Trade Organization following a statement from Beijing saying it would suspend the import of sugar apple and wax apple citing pest concerns. The move marks the latest spat between Democratic Taiwan… Read More ›
Tires for cars and light trucks from Vietnam being unfairly subsidized by currency undervaluation: US Commerce Department
In a statement, the U.S. Commerce Department said, tires for cars and light truck from Vietnam are being unfairly subsidized given that its currency is undervalued. The development marks the first finding of its kind by the US Commerce Department…. Read More ›
Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak
In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›
Freezing public listed company assets of Hong Kong tycoon Jimmy Lai a wake-up call to global investors: Taiwan
On Saturday, in a statement aimed at international investors, Taiwan warned of the very real dangers of doing business in Chinese-controlled Hong Kong after the city state decided to freeze the media assets of Chinese tycoon Jimmy Lai, who has… Read More ›
No major impact from power outages on major chipmakers
On Thursday, officials from Taiwan’s science parks in Tainan and Hsinchu said, the island-wide power outages have had no material impact on its operations.
Taiwanese firms in Myanmar fly Taiwanese flag to distinguish from Chinese financed companies facing brunt of public anger
Rising public anger in Myanmar against China, which is viewed as being supportive of the military junta has led Taiwan’s de facto embassy in Myanmar advised its companies that operate in the country to fly its flag so that they… Read More ›
French automobile and electronics firm will work together to improve availability of chips in supply chain: French Finance Ministry
In a statement, the French Finance Ministry stated, French companies from the automobile and electronics sectors will collaborate and work together in the near-term in order to improve and fix supply chain glitches that have hit the automotive industry. Carmakers… Read More ›
Japan weighs options to resume tourism from spring
According to a report from Japanese media house Asahi, the government is weighing its options to resume the inflow of tourists on a limited basis, from spring; the development comes in the wake of Japan preparing to host the delayed… Read More ›
U.S. Congress notified of aerial drones sales worth $5 billion to Taiwan
In a statement, the Pentagon said, it has formally notified the U.S. Congress of impending sales of four sophisticated U.S.-made aerial drones to Taiwan. The notification is the step before finalizing the sale of weapons to other countries. Washington expects… Read More ›