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Report details arms delivery status

While several US arms procurements are facing delays, 18 sets of M142 High Mobility Artillery Rocket Systems (HIMARS) are expected to arrive ahead of schedule by the end of next year, a Ministry of National Defense report showed.

The ministry is to brief the Legislative Yuan’s Foreign Affairs and National Defense Committee today on the progress of major procurement projects, including the HIMARS, F-16V Block 70 jets, AGM-154C Joint Standoff Weapons and Mark 48 heavy torpedoes.

The report, delivered to the legislature yesterday, said that the second batch of HIMARS was originally scheduled for delivery in 2027.

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‘One China’ not key to peace: president

President William Lai (賴清德) yesterday said that it would be impossible to achieve cross-strait peace simply by accepting the so-called “1992 consensus” and Beijing’s “one China” principle.

Lai made the remarks at the opening ceremony of the Overseas Community Affairs Council Conference in Taipei after former Chinese Nationalist Party (KMT) lawmaker Cheng Li-wun (鄭麗文), who favors closer ties with Beijing, was elected as KMT chairwoman on Saturday.

The KMT on Sunday confirmed that Cheng had received a congratulatory message from Chinese President Xi Jinping (習近平) for her win and she reiterated her support for the “1992 consensus” in her reply to Xi.

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Newsflash

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.