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Petition urges US to recognize Taiwan

The US should formally recognize Taiwan as an independent nation, and end its outdated and counterproductive “one China” policy, US Representative Tom Tiffany and 18 other US lawmakers wrote in a petition.

“It is time to change the status quo and recognize the reality denied by the US government for decades: Taiwan is an independent nation,” Tiffany told the Epoch Times. “As our long-standing and valued partner, correctly acknowledging their independence from communist China is long overdue.”

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Ex-vice president to be next premier

The Presidential Office last night confirmed that former vice president Chen Chien-jen (陳建仁) would be the next premier, with a formal announcement to be made tomorrow.

The Chinese-language Liberty Times (the Taipei Times’ sister newspaper) yesterday published an exclusive report saying that Chen had accepted the nomination following a meeting with President Tsai Ing-wen (蔡英文) during the Lunar New Year holiday.

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Newsflash

Premier Liu Chao-shiuan said in an interview with Dow Jones Newswires on Thursday that Taiwan could consider including the Chinese yuan in its foreign exchange (forex) reserves, but his view was not shared by other government officials.

During the interview, Liu said Taiwan could consider including the yuan in its foreign exchange reserves as cross-strait ties expand at an unprecedented pace.