The diplomatic flare-up comes at a delicate time — the US president is due to speak to his Chinese counterpart in the coming days, and this could throw any detente off course.
Exit from Taiwan lifts shares of French company Carrefour
Shares in French food retailer Carrefour rose 3% on Wednesday after it agreed to sell its remaining 60% stake in its Taiwan business, sparking hopes among some investors it could use the extra …
Semiconductors bolster growth in Taiwan 1H22 exports, says MOF
Taiwan recorded exports totaling US$246.7 billion for first-half 2022, the highest-ever for the six months of a year with growth of 19.2% on year, and semiconductor exports of US$92.84 billion, which …
Japan warns of rising security threats in annual defense report
Japan warned on Friday of escalating national security threats, including repercussions from Russia’s war with Ukraine, Chinese intimidation of Taiwan, and vulnerable technology supply chains, in its …
Japan warns of rising global tension, Russia-China arms ties
Japan warned of escalating national security threats stemming from Russia’s war on Ukraine and China’s tensions with Taiwan in an annual defense paper issued Friday, as Japan tries to bolster its …
White House national security advisor: Taiwan policy ‘unchanged,’ US wary of ‘new cold war’ with China
Sullivan also discussed other global hotspots including Russia and Afghanistan. Earlier former Secretary of Defense Mark Esper said that the “One China” policy has “run its course.” …
FirstFT: HSBC’s China group installs Communist party committee
Plus, Biden says US military does not support Pelosi’s Taiwan visit and India first tribal group member elected president …
Pelosi’s possible visit to Taiwan raises concerns China might interfere with airspace, US official says
Biden administration officials are concerned that China could seek to declare a no-fly zone over Taiwan ahead of a possible visit by House Speaker Nancy Pelosi as an effort to upend the trip, …
Biden urges Pelosi to cancel Taiwan trip, says he’s talking soon with Xi Jinping
Biden, who faces questions about his family’s financial links to the Chinese government, said the Pentagon concurs with Beijing’s warnings that Pelosi (D-Calif.) should abandon her …
Indonesia energy firm Indika eyes $2 bln EV venture with Taiwan’s Foxconn
Indonesia’s PT Indika Energy is considering jointly investing $2 billion with Taiwan-based Foxconn on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told …