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Taiwan is emerging as the stronger bet for equity investors due to its deeper linkages across the AI supply chain and a more upbeat earnings outlook. Bloomberg's Winnie Hsu breaks down the news. (Source: Bloomberg)
As equity investors enter the final stretch of a pivotal year that’s propelled South Korea and Taiwan to the forefront of the global AI trade, the latter is emerging as the stronger bet.
In 2019, President Xi Jinping became the first Chinese leader to publicly call for the exploration of detailed proposals for governing Taiwan after reunification. Seven years later, the first proposals from a handful of the mainland’s leading research institutes have either been finalised or are nearing completion, the South China Morning Post has learned. Rather than setting out a single fixed model, scholars involved in those studies told the SCMP there should be different scenarios based on...
The United States has accused mainland China of hiring an American citizen of Chinese origin to surveil the family of Taiwanese leader William Lai Ching-te, days after President Xi Jinping’s state visit to Washington. The Federal Bureau of Investigation on Sunday arrested 34-year-old Zhang Wanying at Los Angeles International Airport, alleging that she attempted to flee the country and charged her with acting as an unregistered agent for the Chinese government. The FBI accused her of surveilling...
Mainland Chinese prefer coercion over military force to settle the “reunification question” with Taiwan, and their opinion of the US remains low, although they favour engaging with Washington on trade and security. These are the results from the latest survey of Mainland citizens, conducted between April 16 and June 26. This straddled the first summit between US President Donald Trump and Chinese President Xi Jinping in Beijing but came before the second one in Washington last month. “The...
Built to hunt tanks and support ground troops, the People’s Liberation Army’s main attack helicopter is increasingly being prepared for operations at sea. Crews of the Z-10 are training to fly from ships – a shift that could give Beijing extra firepower in an amphibious assault on Taiwan. Manufactured by AVIC subsidiary the Changhe Aircraft Industries Corporation, the Z-10 entered service with the PLA Army in late 2010. It began documented shipboard trials in 2014, when Chinese navy imagery...
A reported plan to station US defence personnel inside Taiwan’s military headquarters would take cooperation from external help into the heart of defence planning, potentially angering Beijing while raising questions over Taipei’s policymaking autonomy and military secrecy. According to Taiwanese media reports at the weekend, the Pentagon plans to send one official from the Office of the Under Secretary of Defence for Policy and one expert from the Institute for Defence Analyses (IDA) to work on...
Taipei’s top diplomat is in Arizona this week to open a de facto consulate and tour the state’s semiconductor corridor, even as US President Donald Trump has just wrapped up the pageantry of a state visit for President Xi Jinping. Lin Chia-lung, Taiwan’s foreign minister, arrived in Phoenix late on Saturday for a three-day visit that highlights the deepening economic ties between Washington and Taipei. His visit will not include stops in Washington or meetings with anyone at the State...
A California woman allegedly sent photos and videos of President Lai's son and his family to Chinese officials.
Taiwan’s Representative to the US, Alexander Yui, tells Bloomberg This Weekend that Washington has reassured Taipei its Taiwan policy remains unchanged following President Donald Trump’s meeting with Chinese President Xi Jinping, even as a $14 billion US arms package remains stalled. Speaking with hosts David Gura and Christina Ruffini, Yui says Taiwan wants faster weapons deliveries and is deepening its economic relationship with the US through major investments in semiconductors and other industries. (Source: Bloomberg)
Taiwan’s Coast Guard Administration (CGA) used water cannons to expel a mainland Chinese fishing vessel near Dongsha Island, authorities said on Friday. The incident occurred on October 1, 27 nautical miles east of the Taiwanese-controlled Dongsha Island, also called Pratas Island, in the South China Sea, the agency revealed. The CGA’s patrol vessel Yunlin directed its water cannon towards the fishing boat Jin Sha’s wheelhouse for about 90 seconds after initially spraying water into the air for...
Lin bags her second Asian Games gold medal, three years on from her success in Hangzhou in the 57kg class.
We have put together stories from our coverage of the Xi-Trump summit. If you would like to see more of our reporting, please consider subscribing. 1. Why Xi Jinping skipped the UN after his Trump summit Han Zheng, China’s vice-president, called on “major countries” to respect the sovereignty and security of Middle Eastern nations and bring about a two-state solution for the “Palestinian question” on Saturday at the UN General Assembly (UNGA) in an implicit dig at the US and Israel. 2. ‘Right...
The US Navy has set up a dedicated command to turn its growing array of aerial, surface and underwater drones into an integrated fighting force – a capability US commanders have linked to disrupting a PLA attack on Taiwan. The Robotic and Autonomous Systems Warfighting Development Centre, formally established on September 24 in Virginia, will develop doctrine and tactics for unmanned systems, train sailors to use them, and test whether they can keep operating under realistic conditions. In a...
Beijing, Sept. 29 (Jiji Press)--Wang Yi, China's top diplomat, urged Japanese Prime Minister Sanae Takaichi to correct her remarks about Taiwan during his meeting in Beijing Monday with former Japanese Foreign Minister Takeshi Iwaya, the Chinese Foreign Ministry said. Japan's leader needs to correct mistaken remarks about the issue of Taiwan as soon as possible, said Wang, foreign minister ...
Activist investor Flashlight Capital Partners urged Japan’s Secom Co. to roughly double its interest in South Korea’s S-1 Corp. and Taiwan Secom Co., roping in a new party after its earlier bid to acquire an S-1 stake was rejected.
US Ambassador to China David Perdue has stated that Washington’s Taiwan policy remains unchanged following high-level talks between Donald Trump and Xi Jinping, despite hopes from Beijing to limit support for Taipei. (Source: Bloomberg)
US President Donald Trump has sought to play down exchanges with his Chinese counterpart Xi Jinping on Taiwan independence, saying on Saturday that they touched on the subject only briefly. “We didn’t talk about it too much. Right now, it’s fine. It’s just moving along,” Trump said. “We didn’t spend a lot of time talking about Taiwan. He understands very much how I feel.” During the summit in Washington last week, Xi pressed Trump to take an explicit position against Taiwan independence – a...
Taiwan’s transfer of a former coastguard vessel to the Philippines has triggered a dual controversy – raising concerns over the interests of Taiwanese fishermen and prompting strong criticism from Beijing. The matter centres on a 61-metre (200-foot) retired cutter handed over to the Philippine Coast Guard through a non-governmental organisation on Monday, as Taipei and Manila expand practical maritime cooperation despite the absence of formal diplomatic ties. Beijing’s Taiwan Affairs Office...
Chinese President Xi Jinping has completed a whirlwind 43-hour trip to the United States, his first state visit to the country in more than a decade, with US President Donald Trump pulling out all the stops to make it a grand affair. The two leaders met several times during the visit, including at a ceremonial airport welcome, the White House reception and bilateral talks on a wide range of topics including trade, tariffs and Taiwan. They also attended a state dinner in Xi’s honour with top...
Chinese President Xi Jinping pressed his US counterpart Donald Trump to explicitly oppose Taiwan independence – a call that would require a shift in Washington’s long-standing position and further restraint on American arms sales to the island, according to analysts. During the meeting between the two leaders on Thursday, Xi said he hoped the US side would “adhere to the correct position of opposing ‘Taiwan independence’”, according to a statement from the foreign ministry in Beijing. The...
Chinese President Xi Jinping and US President Donald Trump discussed artificial intelligence (AI) and Taiwan at the White House on Thursday as part of a state visit dominated by pageantry. On AI, Xi said that “the right thing to do is to draw on each other’s strengths, not guard against each other”, according to a statement from the Chinese foreign ministry. He also backed continued dialogue about risks, joint efforts to prevent misuse and keeping AI under human control. Trump earlier said on...
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
President Donald Trump has welcomed Chinese President Xi Jinping to Washington, praising what he called their “truly great friendship” as the two leaders opened talks focused on trade, Taiwan, Iran and artificial intelligence.
Paraguayan President Santiago Pena told the United Nations General Assembly on Wednesday that his country “is not neutral” on the Taiwan Strait, pledging support for the self-ruled island and calling for its “full and meaningful participation” in the UN system. Casting a conflict in the strait as a potentially far greater threat than the closure of the Strait of Hormuz, Pena warned of “ominous clouds gathering over the Indo-Pacific” and of a conflict that would hit Japan, the rest of East and...
Taiwan’s coastguard fired a supersonic anti-ship missile during a military exercise last week, an unusual move by a civilian law enforcement agency that analysts say could be aimed at complicating potential war plans. The drill matters not only because it highlights the growing integration between the agency and Taiwan’s navy, experts argue, but also because missile-armed coastguard vessels would add another threat the People’s Liberation Army (PLA) would have to account for in a conflict. On...
Reports that Taiwanese officials have been asked to scale back visits to Washington have sparked debate over whether the island’s ties with the United States remain as “rock solid” as Taipei has maintained. The New York Times reported on Monday that some Taiwanese officials travelling to the US had been told by Trump administration officials to “curtail their visits to research groups in Washington”. The report came as US President Donald Trump prepared to host Chinese leader Xi Jinping for a...
The top Democrat on the US Senate’s foreign policy panel urged Donald Trump on Monday not to signal any retreat from Taiwan when he hosts Chinese President Xi Jinping this week. Speaking at the Concordia Summit in New York, Senator Jeanne Shaheen said she hoped the president “will not say anything that indicates a lack of support for Taiwan” during his talks with the Chinese leader. Shaheen is the ranking member of the Senate Foreign Relations Committee, which reviews US arms sales abroad,...