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  • MOEA counters Jaw’s remarks amidst Taiwan’s investment surge

    KMT vice-presidential candidate Jaw Shaw-kong claimed that he invited Taylor Swift to perform in Taiwan in 2023, but she declined due to concerns over the island’s geopolitical risks. Jaw warned that without a peaceful environment, investors would be discouraged from investing in Taiwan, potentially hindering the modernization and progress of businesses. He criticized the DPP for escalating tensions across the Taiwan Strait and believed that the U.S.’s harsh rhetoric and threats could deter potential investors. However, Taiwan’s Ministry of Economic Affairs disputed these claims, stating that foreign investment in Taiwan reached US$10.7 billion by November 2023, the second-highest rate in 15 years. The MOEA emphasized that "war risk" did not deter foreign capital, citing major semiconductor companies and AI companies that have recently invested significantly in Taiwan. With the general elections approaching, the MOEA urged Jaw not to damage Taiwan’s reputation for political gain.
    2024/01/02 12:32
  • Ko Wen-je hits back at Lai’s criticisms toward alliance

    Taipei was filled with political debate as Taiwan People’s Party (TPP) presidential candidate Ko Wen-je criticized Democratic Progressive Party (DPP) presidential candidate Lai Ching-te over his family home’s illegal construction. Ko questioned why Lai’s illegal buildings were not demolished like his mother’s and former legislator Huang Kuo-chang’s. This controversy emerged after the formation of the TPP-KMT alliance, which Lai publicly criticized as a blatant power grab. Lai argued that the alliance does not represent Taiwan’s mainstream public opinion and accused the candidates of lacking national security protection and comprehensive national plans. Ko retaliated by claiming that the DPP’s election strategy relies solely on rallying the Chinese Communist Party. This ongoing dispute between the two parties intensifies as they compete for control of Taiwan’s political future. In response to Lai’s criticisms, Ko admitted that they cannot guarantee being the best choice for Taiwan but questioned why Lai considers himself the better option. As the election approaches, this war of words further strains Taiwan’s domestic politics.
    2023/11/16 17:03
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