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Resilience improving: US official

Taiwan and the US are improving resilience and innovating operational concepts to maintain the capability to deter Beijing from attacking across the Taiwan Strait, a senior US defense official said on Wednesday.

Keeping Taiwan-US deterrence capabilities strong through improving bilateral cooperation has been a constant task for the US government, US Assistant Secretary of Defense for Indo-Pacific Security Affairs Ely Ratner told the American Enterprise Institute in Washington.

A war in the Taiwan Strait is not imminent or inevitable, he said, citing US Secretary of Defense Lloyd Austin.

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Filling Pacific islands banking gap

China has been rapidly expanding its banking operations in the Asia-Pacific region, especially in the context of a gradual withdrawal by Western banks.

For example, after Australia’s Bendigo and Adelaide Bank announced its plan to withdraw from Nauru, Bank of China, which has opened offices across the region, signed a memorandum of understanding on cooperation with the Nauruan government. This quick reaction raises worries that China might have a broader hidden agenda.

The withdrawal of Western banks is partly due to increasingly stringent financial supervision requirements.

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KMT, TPP are instigating crisis

The first session of the 11th Legislative Yuan’s four-year term ended on Tuesday, and 55 bills were passed in the session, which is the fewest bills passed in one session in 12 years.

However, Legislative Speaker Han Kuo-yu (韓國瑜) said the session delivered a “very good result,” despite there being fights and arguments in this break-in session for many newly elected legislators.

In the last two days of the session, lawmakers rushed to pass a slew of resolutions and bills, mainly proposed by opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) legislators, who have a combined majority in the legislature.

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Lai talks sovereignty at DPP congress

Taiwanese have the right to build a democratic, sovereign nation based on the protection of human rights and freedom, President William Lai (賴清德) yesterday said in his keynote address at the Democratic Progressive Party (DPP) National Congress in Taipei.

Lai, who is also the DPP’s chairman, presented three key tasks for party members to focus on: bolstering national identity based on Taiwan sovereignty, deepening democratic values based on the constitutional framework and safeguarding human rights and freedom.

“Voters have handed the heavy responsibility of governing this country to the DPP, because they wish for the DPP to continue leading Taiwan into the future,” Lai said.

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Newsflash


An undated photograph shows the logo of the Institute for National Defense and Security Research in Taipei.
Photo: Aaron Tu, Taipei Times

Beijing will persist in its disinformation campaign against Taiwan, the Institute for National Defense and Security Research said in its latest report on Chinese political and military developments.