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Taiwan Tati Cultural and Educational Foundation

US hammer finds nail in HK banks

The US House of Representatives on July 1 passed by unanimous consent a bipartisan bill that would penalize Chinese officials who implement Beijing’s new national security legislation in Hong Kong, as well as banks that do business with them. The following day, the US Senate unanimously passed the bill, which was later sent to the White House, where it awaits US President Donald Trump’s signature.

The bill does not spell out what the sanctions would look like and Trump has yet to sign it into law, but Reuters on Thursday last week reported that five major Chinese state lenders are considering contingency plans in anticipation of being cut off from US dollars or losing access to US-dollar settlements.

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Taipei thanks US for missile package


A Patriot Advanced Capability-3 (PAC-3) surface-to-air missile system is deployed next to the Changhua Reserve Runway on the Sun Yat-sen Freeway (Freeway No. 1) on May 28 last year for the annual Han Kuang military exercise.
Photo: Peter Lo, Taipei Times

The government yesterday thanked the US for approving the possible sale of a US$620 million missile repair and recertification package to Taiwan.

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Taiwan and the EU’s ‘safe list’

An outrageous dismissal of the exemplary Taiwanese fight against COVID-19 has been perpetrated by the EU. There is no excuse.

I presume that everyone who reads the Taipei Times knows that the EU has excluded Taiwan from its so-called “safe list,” which permits citizens unhindered travel to and from the countries of the EU.

As the EU does not feel that it needs to explain the character of this exclusive list, perhaps we should examine it ourselves in some detail.

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Preparing for what comes next

To coincide with the 23rd anniversary of the handover of Hong Kong from Britain to the People’s Republic of China (PRC), on Wednesday last week Beijing activated its new national security legislation for the territory.

China’s Hong Kong and Macau Affairs Office Deputy Director Zhang Xiaoming (張曉明) crassly characterized the imposition — which extends Beijing’s legislation on crimes of sedition, separatism, terrorism and collusion with foreign or external forces to the former British colony — as a “birthday gift” to Hong Kong.

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Newsflash

The US “kept Taiwan in mind” during US President Barack Obama’s recent meetings with Chinese President Hu Jintao (胡錦濤) and rejected any Chinese request that would have caused harm to Taiwan in negotiating the text of the two presidents’ Joint Statement, American Institute in Taiwan (AIT) Chairman Raymond Burghardt said yesterday.

Saying that China came into the negotiations on the joint statement with the intention of trying to “break new ground,” Burghardt said the US managed to make it a constructive statement “that in no way violate[d] any of Taiwan’s interests.”