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Taiwan Tati Cultural and Educational Foundation

Resilience improving: US official

Taiwan and the US are improving resilience and innovating operational concepts to maintain the capability to deter Beijing from attacking across the Taiwan Strait, a senior US defense official said on Wednesday.

Keeping Taiwan-US deterrence capabilities strong through improving bilateral cooperation has been a constant task for the US government, US Assistant Secretary of Defense for Indo-Pacific Security Affairs Ely Ratner told the American Enterprise Institute in Washington.

A war in the Taiwan Strait is not imminent or inevitable, he said, citing US Secretary of Defense Lloyd Austin.

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Filling Pacific islands banking gap

China has been rapidly expanding its banking operations in the Asia-Pacific region, especially in the context of a gradual withdrawal by Western banks.

For example, after Australia’s Bendigo and Adelaide Bank announced its plan to withdraw from Nauru, Bank of China, which has opened offices across the region, signed a memorandum of understanding on cooperation with the Nauruan government. This quick reaction raises worries that China might have a broader hidden agenda.

The withdrawal of Western banks is partly due to increasingly stringent financial supervision requirements.

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KMT, TPP are instigating crisis

The first session of the 11th Legislative Yuan’s four-year term ended on Tuesday, and 55 bills were passed in the session, which is the fewest bills passed in one session in 12 years.

However, Legislative Speaker Han Kuo-yu (韓國瑜) said the session delivered a “very good result,” despite there being fights and arguments in this break-in session for many newly elected legislators.

In the last two days of the session, lawmakers rushed to pass a slew of resolutions and bills, mainly proposed by opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) legislators, who have a combined majority in the legislature.

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Lai talks sovereignty at DPP congress

Taiwanese have the right to build a democratic, sovereign nation based on the protection of human rights and freedom, President William Lai (賴清德) yesterday said in his keynote address at the Democratic Progressive Party (DPP) National Congress in Taipei.

Lai, who is also the DPP’s chairman, presented three key tasks for party members to focus on: bolstering national identity based on Taiwan sovereignty, deepening democratic values based on the constitutional framework and safeguarding human rights and freedom.

“Voters have handed the heavy responsibility of governing this country to the DPP, because they wish for the DPP to continue leading Taiwan into the future,” Lai said.

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Newsflash


Activists chant slogans while holding placards, calling for the rights of Taiwanese businessmen in China not to be ignored, during a demonstration outside a building where Straits Exchange Foundation Chairman Chiang Pin-kung briefed reporters on the new round of high-level talks with his Chinese counterpart Chen Yunlin in Taipei yesterday.
Photo: Mandy CHENG, AFP

Human rights groups yesterday protested in front of the Straits Exchange Foundation (SEF) headquarters in Taipei, urging officials to include personal safety on the agenda of the next round of talks with China that begin tomorrow and calling for the immediate release of Bruce Chung (鍾鼎邦), a Taiwanese businessman and Falun Gong practitioner who has been detained in China for more than 50 days.

The eighth meeting between the foundation and China’s Association for Relations Across the Taiwan Straits is to be held in Taipei from today until Friday. An investment protection agreement and a customs cooperation agreement are expected to be signed during the meeting.