Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

China is enemy of the free world

Like a pack of bloodthirsty wolves, China’s military is launching marauding incursions against Taiwan in an increasingly reckless manner.

In the past few months, Chinese People’s Liberation Army (PLA) fighters, heavy bombers and reconnaissance aircraft have been harassing Taiwan’s southwestern air defense identification zone on a near daily basis, often in packs of 10 or more.

Earlier this month, the PLA Navy dispatched the Liaoning aircraft carrier group to conduct a simulated blockade of Taiwan in the waters off the nation’s east coast.

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US bill takes aim at Chinese claims


US Representative Gerry Connolly speaks at a House Committee on Oversight and Reform Subcommittee on Government Operations hearing on “IRS in the Pandemic” in Washington on Oct. 7 last year .
Photo: Reuters

A bipartisan coalition of US congressmen on Monday introduced legislation that aims to counter China’s claim to represent Taiwan in international organizations.

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Free world must embrace Taiwan

Former US secretary of state Mike Pompeo delivered a very short, succinct and accurate speech in regards to the US relationship with Taiwan in November last year. This information has again angered Beijing, which has stated that the existence of a free and independent Taiwan will not be tolerated. Chinese Ministry of Foreign Affairs spokesman Wang Wenbin (汪文斌) has said Pompeo’s language is interfering with the sovereignty of China.

Pompeo was stating the facts. Taiwan has never been a part of the People’s Republic of China or the Chinese Communist Party (CCP), therefore it is not a territory of China. The history outside of CCP propaganda and interpretation is clear on this.

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Being open about Perng and policy

Former central bank governor Perng Fai-nan (彭淮南) worked hard to keep Taiwan financially stable through the 1997 Asian financial crisis, the 2001 dotcom bubble, the 2008-2009 global financial crisis and the 2012 European debt crisis, before he retired in February 2018 after 20 years in the position. Under Perng, the central bank kept interest rates relatively low to benefit economic growth and made frequent interventions in the market to stem appreciation of the New Taiwan dollar.

Perng’s efforts were often talked about by economists and businesspeople before his retirement, and they still stir up a lot of discussion.

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Newsflash

The US Congress is expected to consider a new proposal for a free-trade agreement (FTA) with Taiwan this year, a US-based organization has said.

While it remains unlikely that a bill will pass this year, the tactic is to create enough momentum to give it a fighting chance next year.