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Tsai vows to liberalize finance rules


President Tsai Ing-wen speaks at the opening ceremony of the 2020 Taiwan Capital Market Forum, held by the Liberty Times, in Taipei’s Neihu Disitrct yesterday.
Photo: Liu Hsin-de, Taipei Times

Taiwan would liberalize banking and investment rules to establish itself as a regional financial hub, President Tsai Ing-wen (蔡英文) told the Taiwan Capital Market Forum in Taipei yesterday.

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Former president Lee Teng-hui dies


Former president Lee Teng-hui, who passes away at 97 in Taipei yesterday, is pictured on the cover of Newsweek magazine in 1996.
Photo: Screen grab from Facebook

Former president Lee Teng-hui (李登輝) passed away at 7:24pm yesterday at Taipei Veterans General Hospital. He was 97 years old.

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Newsflash

If influence in the Indo-Pacific region is one of the US’ core interests, then Taiwan serves as a cornerstone of US economic and security influence in the region, former US Indo-Pacific Command commander admiral Phillip Davidson said on Thursday.

“China’s ... strategy is to supplant the US leadership role in the international order ... and they’ve long said ... that they intend to do that by 2050,” Davidson told the National Review Institute’s Ideas Summit in Washington.

Davidson said he had previously told US Senate hearings on China’s military activities and possible threats in the Indo-Pacific region that a Chinese invasion of Taiwan could happen within the next 10 years, or even the next six years.