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NT$200bn missile budget planned


Hsiung Feng III, front right, and Hsiung Feng II missiles developed by the Chungshan Institute of Science and Technology are displayed at a defense industry exhibition in Kaohsiung on Sept. 27, 2018.
Photo: Hung Chen-hung, Taipei Times

The Ministry of National Defense is proposing a special budget totaling NT$200 billion (US$7.14 billion) to boost the Chungshan Institute of Science and Technology’s missile manufacturing capabilities, a source said.

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US’ Taiwan policy unchanged: official


US President Joe Biden delivers remarks on the crisis in Afghanistan during a speech in the East Room at the White House in Washington on Monday.
Photo: Reuters

US policy on Taiwan has not changed, a Washington official said after US President Joe Biden appeared to suggest that the US would defend Taiwan if it were attacked, a deviation from a long-held US position of “strategic ambiguity.”

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Page 189 of 1486

Newsflash

Taipei and Beijing are set to hold the second round of negotiations on an economic cooperation framework agreement (ECFA) in Taipei tomorrow and on Thursday, the Straits Exchange Foundation (SEF) said yesterday.

The foundation said in a statement that the Chinese delegation would arrive today. However, there appeared to be some confusion over the location of the meeting.