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Two US lawmakers introduce bill on recognizing Taiwan

The Ministry of Foreign Affairs yesterday thanked two US lawmakers for proposing a resolution urging their country to scrap its “one China” policy and recognize Taiwan as an independent nation.

The concurrent resolution was introduced by US representatives Tom Tiffany and Scott Perry, both Republicans.

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US’ Biden plans supply-chain review


US President Joe Biden holds up a semiconductor before signing an executive order in the State Dining Room of the White House in Washington on Wednesday.
Photo: Bloomberg

US President Joe Biden on Wednesday ordered a review of US supply chains, seeking to end the country’s reliance on China and other adversaries for crucial goods.

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Newsflash


Chinese Nationalist Party (KMT) Administration and Management Committee director-general Chiu Da-chan speaks at a news conference in Taipei yesterday.
Photo: CNA

The Ministry of Finance yesterday rejected the Chinese Nationalist Party’s (KMT) offer to pay a NT$864.8 million (US$28.6 million) fine imposed by the Ill-gotten Party Assets Settlement Committee with US dollar-denominated bonds issued by the government in 1947.