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Chinese incursions highest since 1996


A Chinese H-6 bomber flies near the median line of the Taiwan Strait on Sept. 18 last year.
Photo: Reuters

The number of Chinese incursions into Taiwan’s air defense identification zone (ADIZ) last year was the highest since 1996, with the majority of them occurring in the zone’s southwest, a government-funded report has said.

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Trump signs Taiwan Assurance Act


Presidential Office spokesman Xavier Chang speaks to reporters at a briefing in Taipei on Oct. 20.
Photo: CNA

The US$2.3 trillion government spending package that US President Donald Trump finally signed on Sunday evening incorporates the Taiwan Assurance Act of 2020, as well as money to support activities under the Global Cooperation and Training Framework initiative launched in 2015.

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Page 217 of 1480

Newsflash

Chinese central bank Governor Zhou Xiaochuan (周小川) said that local-government financing vehicles using land as collateral may pose risks for the nation’s banks.

“When land prices rise, there may be over-valuation of land,” Zhou said at a press briefing in Beijing yesterday. “In the future, if land prices fall, there may be a difference in the assessment of the loan.”