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  • Ko Wen-je accuses China of meddling in Taiwan’s election

    Presidential candidate Ko Wen-je of the Taiwan People’s Party (TPP) held a livestream on his YouTube channel to discuss China’s involvement in the elections. He accused China of producing fake polls in favor of the Kuomintang (KMT) party’s "Hou-Jaw" ticket, with the intention of committing electoral fraud. Ko warned voters that choosing the Democratic Progressive Party (DPP) would increase the risk of war, while choosing the KMT would carry the threat of being influenced by mainland China. He questioned the motives behind the falsified polls and highlighted the DPP’s anti-China stance and the KMT’s reliance on Chinese influence. Ko positioned himself as a safer choice, promising to maintain peace and Taiwan’s independence.
    2023/12/26 10:06
  • Taiwan’s petrochemical industry unfazed by ECFA termination

    The termination of the Economic Cooperation Framework Agreement (ECFA) has raised concerns about its impact on Taiwan’s petrochemical industry. However, corporate entities in Taiwan have stated that the impact has been limited. This is due to Taiwan’s efforts to reduce its dependency on China for exports, as China increases its domestic supply of petrochemical products. Taiwanese firms are expanding into other export markets and focusing on enhancing the competitiveness of their high-value products. The move is a response to China’s accusations of discriminatory bans and restrictive measures on Chinese products, which China’s Customs Tariff Commission of the State Council sees as violating the ECFA. The ECFA’s "Early Harvest List" included 88 tax reductions on Taiwan’s petrochemical industry by China. With the suspension of tariff privileges, these corporations anticipate that the tax rate on associated products could rise from the current 0% to between 2% and 10%.
    2023/12/22 18:10
  • Taiwan’s new southbound investment tops China’s in 2023

    Taiwan’s investments in New Southbound countries in the first 11 months of 2023 have surpassed investments in Mainland China, according to the Ministry of Economic Affairs (MOEA). Investments in the New Southbound countries reached US$5.13 billion, a 7.26% year-on-year increase, outstripping investments in Mainland China, which stood at US$2.96 billion. This trend is driven by the supply chain diversification, accelerated by the U.S.-China trade war and major manufacturers’ strategies to decentralize operations. Investments in New Southbound countries now account for around 20% of Taiwan’s total overseas investments, whereas China accounts for approximately 11.5%. From January to November 2023, there were 2,102 approved cases of overseas-focused investments by Taiwanese and foreign entities, a decrease of 8.89% compared to last year. The amount invested reached about US$10.8 billion (approximately NT$323.7 billion), the second-highest for the period in the last 15 years but still representing a 13.04% decline from the previous year. Investments from New Southbound countries into Taiwan saw 609 approved cases within the same timeframe, an annual increase of 41.30%. The investment totaled approximately US$2.5 billion (about NT$75.7 billion), up 25.20% from the previous year, with the most significant inflows originating from Singapore, Thailand, and Malaysia. On a broader scale, the 504 approved cases of outbound investments from Taiwan marked a 2.44% annual increase, surging by 145.61% financially to roughly US$22.8 billion (approximately NT$684.4 billion). Investments in New Southbound countries revealed 195 approved cases, rising by 35.42% year-on-year, totaling around US$5.1 billion (approximately NT$ 154.1 billion) and constituting 20% of Taiwan’s total foreign investments. Singapore, Vietnam, and Thailand were the leading recipients. Conversely, approved investments in Mainland China amounted to 305 cases, down by 7.58%, with the approved investment sum decreasing by 33.91% to approximately US$2.96 billion (about NT$88.9 billion). Mainland Chinese investments in Taiwan experienced a 45.45% decline in approved cases to 24, with the investment figure falling 21.65% to about US$27.4 million (approximately NT$821.6 million).
    2023/12/20 20:45
  • Taiwan accuses China of election meddling via trade probe

    Taipei’s Presidential Office Secretary-General, Lin Chia-lung, has accused China of strategically timing the release of its trade barrier investigation results in order to influence Taiwan’s elections. Lin suggests that China’s actions, likened to "drawing a bow without releasing the arrow," are aimed at instilling fear in Taiwanese voters and potentially affecting their economy. Lin also points out the coincidence between the recent visit of Kuomintang (KMT) Vice Chairman Andrew Hsia to China and the prompt release of the investigation’s findings. Lin raises concerns about the Chinese Communist Party’s interference in Taiwan’s elections, citing instances of borough wardens being invited on all-expenses-paid trips by China to exert influence. Reports indicate that Wang Huning, Chairman of the Chinese People’s Political Consultative Conference, convened a meeting in early December specifically to discuss interfering in Taiwan’s elections, suggesting a coordinated strategy from China targeting the electoral process in Taiwan.
    2023/12/20 18:23
  • Foreign investment in Taiwan hits 15-year high despite drop

    The number of approved overseas Chinese and foreign investments in Taiwan decreased by 8.89% to 2,102 cases in the first 11 months of 2023 compared to the same period last year. However, the investment amount from these sources reached US$10.79 billion (NT$323.7 billion), the second-highest in the past 15 years, with significant contributions from the offshore wind power sector. French company TotalEnergies Renewables SAS and British firm OSW Investments Taiwan JVCO 2 Limited increased their capital in Haiding Two International Investment Co., Ltd. by NT$5.03 billion. New companies established during this period amounted to 1,124 cases, with an investment value of US$680 million (NT$20.37 billion). Investments from Southeast Asian countries increased notably, with 609 cases, a 41.3% year-on-year increase, and a monetary surge of 25.2% to US$2.52 billion (NT$75.68 billion), mainly from Singapore, Thailand, and Malaysia. However, Chinese investments in Taiwan declined, with only 24 approved cases, a 45.45% decrease from the previous year, and investment figures dropping by 21.65% to US$27.38 million (NT$820 million). On the other hand, overseas investments from Taiwan increased, with a moderate rise in approved cases by 2.44% to 504 and a substantial annual increase of 145.61% in investment total to US$22.81 billion (NT$684.42 billion). Key overseas investments included TSMC’s US$8 billion capital injection into its Arizona subsidiary and a €3.5 billion investment in Germany’s ESMC GmbH. Foxconn Technology Group also made a significant investment of US$8 billion in its Singapore subsidiary, and Yang Ming Marine Transport Corp. invested a similar amount in Singapore-based Yang Ming (Singapore) Pte. Ltd.
    2023/12/20 17:20
  • Taiwan slams China for ’distorting’ cross-strait exchanges

    Taiwan’s Mainland Affairs Council (MAC) accuses the Chinese Communist Party (CCP) of manipulating and inducing Taiwanese grassroots through hospitable receptions, while distorting the goodwill of cross-strait exchanges. The MAC’s statement was in response to the claim by China’s Taiwan Affairs Office (TAO) that "the momentum of cross-strait exchanges is unstoppable." The MAC harshly criticizes the CCP for creating artificial obstacles to cross-strait exchanges, fabricating charges, unlawfully detaining people, and practicing autocratic rule. The controversy revolves around allegations that 41 village chiefs from Taipei accepted travel to China at preferential prices and then returned to Taiwan to promote specific candidates. The TAO spokeswoman did not address whether the TAO provided funding for the travels, but claimed that frustrations among Taiwanese citizens have been fueled by the policies of the Democratic Progressive Party (DPP) government. This exchange reflects the ongoing tension in cross-strait relations, with Taiwan expressing concern over the CCP’s influence operations and China promoting closer ties.
    2023/12/20 17:18
  • ONE to impose US$1,000 surcharge amid Red Sea tensions

    Taiwan’s shipping market is abuzz with news that Japan’s Ocean Network Express (ONE) plans to impose an emergency surcharge of US$1,000 per container due to escalating tensions in the Red Sea. This, along with a US$1,000 increase in base freight rates, could raise the total cost of shipping a large container to US$4,000. However, this figure is still below the $6,000 being quoted in the Chinese market. Freight charges from Taiwan to Europe have been steadily increasing, with rates climbing from US$900 to US$1,000 per large container at the end of November to US$2,000 by mid-December. Shipping companies are planning another rate hike, intending to raise rates to $3,000 starting from Jan. 1, 2024. The Chinese logistics platform, www.5688.cn, reported that shipping container rates from the Far East to Israel have skyrocketed to US$6,000, a sixfold increase from the end of November.
    2023/12/20 17:11
  • Tsai Ing-wen offers condolences, aid to Gansu quake victims

    Taipei’s Presidential Office spokesperson, Olivia Lin, conveyed President Tsai Ing-wen’s concerns and condolences following a devastating earthquake in China’s Gansu province on December 18. The magnitude 6.2 earthquake resulted in at least 111 deaths, 236 injuries, and significant property damage. President Tsai expressed sympathies to the victims’ families and tasked the Straits Exchange Foundation (SEF) and the Mainland Affairs Office (MAO) to offer aid. She also posted messages on the social media platform X (previously known as Twitter) in both simplified Chinese and English to convey her condolences. President Tsai hopes for a smooth rescue and recovery process in Gansu, allowing affected individuals to return to normalcy swiftly.
    2023/12/19 16:16
  • China rebukes French media for ’misleading report’

    The Chinese Embassy in France, FMPRC, criticized a Le Figaro report for its alleged falsehoods and bias against China’s actions in the South China Sea. The report, authored by Nicolas Barotte, highlighted China’s increasing aggression in the region. The FMPRC disputed the report’s claims, particularly regarding the territorial scope of the Philippines and the status of Taiwan. The FMPRC objected to Le Figaro’s portrayal of Taiwan as a separate entity from China. The embassy emphasized that Taiwan is an integral part of China and called for the media to respect China’s sovereignty and journalistic ethics.
    2023/12/19 15:31
  • Taiwan’s Presidential Office unveils 2024 New Year cards

    The Presidential Office in Taipei held a press conference to unveil the Lunar New Year’s greeting cards for 2024. The cards, designed by Yen Po-chun, feature a dragon motif combined with Taiwan’s scenic landscapes. The design aims to convey blessings for the Lunar New Year and wishes for prosperity, peacefulness, safety, and well-being for the nation. The card is in an "Mp4" format, with an animation that intertwines the dragon motif with the numbers 2024 and the word "LOVE," symbolizing Taiwan’s vitality, hope, and vision for progress. Recipients of the greeting cards include heads of state, international dignitaries, ambassadors, representatives to Taiwan, local government figures, overseas Chinese community leaders, members of the legislative body, and notable figures from academic, cultural, and business sectors.
    2023/12/19 10:09
  • Hou Yu-ih advocates ’middle way’ for Taiwan’s future

    Kuomintang (KMT) presidential candidate Hou Yu-ih emphasizes a "middle-of-the-road" approach for Taiwan, distancing himself from the "localized Blue" faction and asserting his own identity. In an interview with Chinese Television Service (CTS), Hou advocates for the "1992 Consensus" that opposes Taiwan’s independence and supports the "One-China policy," while upholding democracy and freedom. He emphasizes a middle way for Taiwan, seeking shared prosperity and unity. Hou emphasizes that Taiwan’s future should be determined by its 23 million inhabitants. He expresses satisfaction with Jaw Shaw-kong as his running mate, praising Jaw’s more confrontational approach. Although a potential collaboration with Taiwan People’s Party (TPP) candidate Ko Wen-je fell through, Hou remains optimistic about a potential alliance with Jaw.
    2023/12/18 20:04
  • MOFA expresses regret over Wu’s UNFCCC comments, cites risks

    The Ministry of Foreign Affairs (MOFA) expressed "confusion and regret" five times in a statement regarding comments made by Taiwan People’s Party (TPP) vice presidential candidate Cynthia Wu. The MOFA highlighted that Wu’s proactive analysis and attendance at the United Nations Framework Convention on Climate Change (UNFCCC) conferences could jeopardize Taiwan’s interests. Following her participation in the 28th United Nations Climate Change conference (COP28) in Dubai, Wu criticized the event’s low standards, stating it was a disservice to taxpayers. MOFA responded to Wu’s criticism, indicating that her conspicuous announcement to attend COP28 provided China with an opportunity to repress Taiwan’s participation, hindering the entire delegation and damaging Taiwan’s future international engagement, as well as the nation’s dignity. Wu’s office released a statement asserting that MOFA had not informed her of the risks of Chinese suppression. When asked about MOFA’s response, Wu declined to comment further. The MOFA expressed regret over the limitations imposed on Wu’s candidacy due to Chinese pressure, directly countering her doubts. MOFA emphasized that condemnation should be directed at China for obstructing Taiwan’s participation. The MOFA expressed bewilderment and regret that Wu criticized domestic institutions but failed to condemn China, the true suppressor of Taiwan’s international voice.
    2023/12/18 19:45
  • Taiwan monitors 6 PLA aircraft, 2 vessels near island

    Taiwan’s Ministry of National Defense (MND) has reported six instances of People’s Liberation Army (PLA) aircraft and two Chinese naval vessels near the Taiwan Strait between 6 a.m. on Sunday and 6 a.m. on Monday. In response, Taiwan’s military has deployed aircraft, ships, and missile systems for monitoring and appropriate response. The MND has also disclosed the sighting of two suspected Chinese weather balloons crossing the Taiwan Strait median line at the northern end. The balloons were approximately 110 nautical miles northwest of Keelung, flying below an altitude of about 27,000 feet, and drifting eastward. These developments occur amidst increased Chinese military activities around Taiwan, as Beijing considers the island a renegade province to be reunited with the mainland, by force if necessary.
    2023/12/18 14:22
  • China Med. Univ. denies halt in Chinese medicine enrollment

    China Medical University clarifies rumors about discontinuation of Department of Chinese Pharmaceutical Sciences and Chinese Medicine Resources enrollment. The university plans to establish a new Department of Medical Informatics in 2024 and is considering integrating multiple departments into a single college entity to cultivate talent in traditional Chinese medicine and biotechnology research. The Department of Chinese Pharmaceutical Sciences and Chinese Medicine Resources is Taiwan’s first and only academic department dedicated to Chinese medicine.
    2023/12/18 12:12
  • Roundtable highlights 2024 elections preparation in Taiwan

    Explore the insights from the "Taiwan Goes to The Polls" roundtable organized by ICRT and TVBS World Taiwan, discussing the dynamics of Taiwan’s 2024 presidential election, the role of polls, China’s influence, and international implications.
    2023/12/14 17:08
  • Changhua chief questions Taiwan’s self-trust amid rumors

    The story discusses the response of Changhua County Chief Wang Hui-mei to rumors that village chiefs from Changhua County were treated to trips to China. Wang questioned the nation’s confidence in itself and challenged the notion that hospitality could sway one’s allegiance. Reports of possible Chinese intervention in the electoral process, including invitations to village chiefs for travel to the mainland, have emerged ahead of the 2024 presidential and vice-presidential elections. The Changhua District Prosecutors Office has detained a suspect allegedly organizing these trips and has summoned 22 individuals for questioning. Wang interpreted the scrutiny her county is under as a "swing county" and expressed trust in the wisdom of the village chiefs to handle the situation.
    2023/12/12 21:39
  • Ex-KMT legislator Tsai defends classical Chinese in schools

    Former Kuomintang (KMT) legislator Alex Tsai advocates for the inclusion of classical Chinese literature in education, suggesting that it should be part of university entrance exams. Tsai cites the University of Tokyo as an example, where classical Chinese content is included in the national language exams. He argues that studying these classics can enhance language skills and cultural refinement. Tsai criticizes the ruling Democratic Progressive Party (DPP) and pro-independence forces for neglecting the value of classical Chinese and accuses them of attempting to "de-sinicize" Taiwan’s education system. Critics argue that education should prioritize critical thinking and note that the DPP has retained a significant portion of classical Chinese content in the curriculum. They emphasize the need for a comprehensive understanding of the curriculum’s core principles and content to advance Taiwan’s educational progress.
    2023/12/12 17:44
  • Vietnam wins big as Chinese, US investment surges

    Chinese companies are increasingly establishing supply chains in Vietnam as U.S. companies like Apple move production there, according to Japanese media reports. Export restrictions on advanced semiconductors and semiconductor production equipment to China by the Biden Administration have led to difficulties for Chinese manufacturers, prompting a shift in investment towards alternative manufacturing bases like Vietnam. Approved foreign direct investment in Vietnam increased by 15% from January to November 2023, with Chinese investment, including from Hong Kong and Macao, doubling from the previous year. Chinese investment in Vietnam is even higher when routed through subsidiaries based in Singapore and Thailand. Notable investments include Shandong Haohua Tire Co. Ltd.’s US$500 million investment and Trina Solar Co., Ltd.’s US$420 million decision. BYD Company also announced an expansion investment of US$144 million, bringing its total investment in Vietnam to over US$400 million. Japanese experts believe that Chinese enterprises must engage in joint advancements in cutting-edge technology with local entities to be seen as partners by the Vietnamese.
    2023/12/12 16:02
  • Ko Wen-je rejects de-Sinicization of Taiwanese culture

    Taiwan People’s Party presidential candidate Ko Wen-je opposes the removal of Chinese culture from Taiwanese society, expressing concern that future generations may not be able to differentiate between historical figures like Zhang Fei and Yue Fei. During a press conference on transportation policy, Ko emphasized the inappropriateness of completely separating contemporary society from Chinese culture. He specifically mentioned revered figures in religious beliefs, such as Mazu, Guan Gong, Baosheng Emperor, and The Third Prince, who primarily originate from China. Ko also responded to a statement by DPP former legislative speaker You Si-kun, defending the concept of a "sense of honor" with a history spanning over two millennia.
    2023/12/12 13:34
  • Xi Jinping aims for deeper China-Vietnam link on state visit

    Chinese President Xi Jinping is set to visit Hanoi, Vietnam for the third time since assuming leadership positions in China. Ahead of his visit, Xi emphasized the importance of strategic communication, leveraging strengths, enhancing exchanges, and managing differences in an article he penned for Vietnam’s Nhân Dân newspaper. The two countries have a longstanding economic relationship, with China being Vietnam’s largest trading partner and Vietnam being China’s largest trading partner in ASEAN and the fourth largest globally. Xi also highlighted the potential for a strategic community of shared destiny between China and Vietnam, which could positively contribute to Asian development and global peace.
    2023/12/12 11:44
  • China’s kids face rising antibiotic drug resistance

    Chinese children are increasingly experiencing antibiotic resistance when treating Mycoplasma pneumoniae, which poses a global health and economic concern. By 2050, drug-resistant diseases could result in healthcare costs of NT$31 trillion and economic losses of up to NT$106 trillion, according to the World Bank. The overuse of antibiotics has led to the rise of superbugs, diminishing the effectiveness of these medicines and compromising treatment outcomes. Azithromycin, a commonly used antibiotic in China for Mycoplasma pneumoniae, now faces an alarming resistance rate of nearly 80% to Macrolides. The World Health Organization (WHO) warns of the dangers of antibiotic overuse and refers to the situation as a "silent pandemic." WHO Director-General Tedros Adhanom Ghebreyesus expresses concern that antibiotic resistance could bring us back to an era where minor infections are untreatable.
    2023/12/12 11:42
  • TVBS Charity draws over 100 to spread love and support

    The TVBS Charity Foundation hosted its fifth fundraising party in Fengshan, Kaohsiung, in collaboration with the Chinese Christian Relief Association (CCRA). Over a hundred participants gathered to review the spread of love in Kaohsiung and Pingtung, with the theme of "Sharing Endless Love" at the heart of the event. The party aimed to express gratitude to churches, social welfare workers, and beneficiaries for their collaboration throughout the year. Kaohsiung City Government Deputy Secretary-General Chang Chiah-sing thanked the TVBS Foundation and the city government’s Social Affairs Bureau for their continuous support, which has aided local social charities and cared for about 12,000 middle and low-income households. Pastor Wang Chung-wu of The Presbyterian Church in Taiwan shared that the "Endless Love" project helped approximately 100 households, thanks to the enthusiastic participation of brothers and sisters. President Chen Wen-ch’i of the TVBS Foundation expressed gratitude to Jesus for allowing everyone to understand the meaning of love and the essence of Christmas, while acknowledging the event’s role in expanding the power of love.
    2023/12/11 21:04
  • Elderly man’s lost backpack with NT$1M found by clerk

    A 70-year-old man named Liu reported his backpack lost after a trip to Nantou, Taiwan. The backpack contained nearly NT$1 million in various currencies, as Liu was preparing for a business trip to Japan. Fortunately, a convenience store clerk found the backpack and, after no claimant came forward, discovered the significant amount of money inside, including Japanese Yen, U.S. dollars, and Chinese Yuan. The First Precinct Taichung City Police Department, who was already assisting Liu in locating his lost item, was alerted about the discovery. Deputy Head Hsiung Tien-hsin confirmed that the recovered property belonged to Liu and contained all the foreign currencies he needed for his upcoming business trip to Japan.
    2023/12/11 20:47
  • Lai cites Hong Kong’s plight in Taiwan election rally

    Presidential candidate Lai Ching-te warns against Taiwan becoming the next Hong Kong and emphasizes the need to resist Chinese aggression. He cites Hong Kong pro-democracy activist Agnes Chow as an example of what Taiwan must avoid. Lai criticizes the plans of rival candidates to renegotiate the Cross-Strait Service Trade Agreement with China, recalling the 2014 Sunflower Student Movement. Vice presidential candidate Hsiao Bi-khim highlights Taiwan’s capabilities to construct warships and produce missiles, symbolizing the Taiwanese people’s fearlessness against Chinese pressure.
    2023/12/11 20:44
  • Hou and Chao: Taiwan must prepare, not provoke against China

    Kuomintang presidential candidate Hou Yu-ih and running mate Chao Shao-kang reaffirmed that Beijing has not renounced the use of force against Taiwan, emphasizing the importance of Taiwan’s democracy in countering Chinese pressure. In an interview with NBC, Hou stated that Taiwan’s future should be determined by its 23 million inhabitants, asserting that Taiwan is an independent sovereign country. Hou advocated for preparedness without provocation and maintaining a deterrence capability amid growing tensions. Chao stressed the necessity of peace for cross-strait development, with strength as a crucial support. He emphasized the importance of U.S. support for Taiwan’s defense measures. Hou also highlighted the critical role of the U.S. in Taiwan’s self-defense efforts and expressed confidence in the deepening of the Taiwan-U.S. relationship. Chao argued that Taiwan’s democracy will inevitably influence mainland China, challenging the Chinese government to explain why democracy cannot thrive in a place with a shared heritage and culture across the Strait.
    2023/12/11 20:30
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