Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Pilgrims ascend Mount Arafat for Hajj climax

June 6, 2025

Bengaluru pledge financial aid for victims of IPL crowd surge – Sport

June 6, 2025

‘Outsiders’ appointed to top prison posts following jailbreak

June 6, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Taiwan’s new leader faces China threat and voters left behind by chip boom
China

Taiwan’s new leader faces China threat and voters left behind by chip boom

i2wtcBy i2wtcMay 18, 2024No Comments6 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Taiwan’s next president, Lai Ching-toku, announced Monday under pressure to increase social spending, address deepening economic disparities, and at the same time meet U.S. demands to strengthen defense against an increasingly assertive China. Begin your term of office.

Since free direct presidential elections began in 1996, every Taiwanese leader has entered office with a message for Beijing. The Chinese government claims Taiwan as its own and has threatened to annex it by force if necessary.

But against the backdrop of rising tensions in the Taiwan Strait, the demands on Mr. Lai to balance Taiwan’s security risks with guarantees to protect its independence are greater than on most of his predecessors.

“There has been extensive communication with Washington regarding the president’s inaugural address, and the U.S. has communicated some guidelines,” said a person familiar with the talks.

Officials from Lai’s Democratic Progressive Party (DP) say the U.S. government is keen to ensure that Lai sticks to the China policy line of his predecessor, Tsai Ing-wen, and that Tsai Ing-wen is a leader in the often-confusing relationship. Multiple sources said that the country’s cautious approach to relations between the two countries has won wide support internationally. .

U.S. officials said the American Institute in Taiwan, the U.S. government’s quasi-embassy in Taipei, sent Taiwan officials to discuss Lai’s inaugural address and to highlight long-standing U.S. policy on cross-Strait issues. He said he is in contact with them.

“This season, we have no intention of making any major changes or changes to the situation. . . . ‘Stay status quo’ has become a byword for us,” the source said.

A Taiwanese soldier rides a US-made Apache attack helicopter at a military base in Taoyuan.
Lai’s administration plans to raise Taiwan’s defense budget to 3% of GDP from 2.5% this year, but also faces the need to boost spending on social programs. ©Sam Yeh/AFP/Getty Images

Mr. Lai sought to reassure the United States with his commitment to decisively strengthen Taiwan’s defenses, including increasing the military budget, revamping the military power structure, and focusing on cost-effective mobile weapons systems and stronger civil defense. would be.

At the same time, however, we are acutely aware of the need to address serious economic concerns among many Taiwanese, especially young people. Rai’s team members said his top priority would be domestic reform, although his government intends to raise the defense budget from 2.5% of gross domestic product (GDP) to 3% this year.

Decades of economic policy have focused on supporting high-tech industries such as Taiwan’s world-leading chip manufacturing, leaving other parts of the economy on the back burner. This has widened inequality, with 68 percent of the population having below-average incomes, a senior Democratic Progressive Party official said.

“We need to explain to the United States the importance of social solidarity for national unity,” the official said.

Mr. Rai will have a hard time building that kind of unity from day one. He won a three-way election in January with just 40% of the vote, and his Democratic Progressive Party lacks a majority in parliament.

He promised to prioritize policies with bipartisan support. But hopes for a deal were dampened on Friday when parliament erupted into a scuffle over an opposition proposal to expand powers through a bill that would allow the finding of contempt of government officials, a criminal liability punishable by prison terms. is. The Democratic Party argued that such legal changes were unconstitutional.

Taiwanese lawmakers made the case for the currency hit during a parliamentary session in Taipei on Friday.
Taiwan’s parliament was thrown into chaos on Friday, dashing hopes for cooperation between Lai’s next government and the opposition Kuomintang Party. ©An Wang/Reuters

Mr. Yori’s policies include reforming the national health insurance system, which lacks financial resources, and expanding childcare subsidies and elderly care. Beyond social spending, he will also aim to shift economic policy away from incentives for specific industries to creating more service sector jobs and stimulating domestic consumption.

“To give these people a sense of well-being and security, we need to focus on social investment and build a more universal social security system,” a Democratic Progressive Party official said. “There won’t be much pushback from the opposition. They might even try to out-spend us on that.”

Mr. Lai has appointed a number of private sector executives to his cabinet, the most prominent of whom is J.W. Kuo, the entrepreneur and chairman of Topco, a supplier to the semiconductor industry, who is closely aligned with the academic-minded Mr. Tsai. draws a line.

But in the sensitive areas of China policy, national security and national defense, the president-elect retained nearly all of Tsai’s team. Foreign Minister Joseph Wu will take over as head of Prime Minister Lai’s National Security Council, and Wellington Khoo, head of the National Security Council, will become defense minister.

Democratic Progressive Party officials hope the continued appointment will bring stability as China has escalated military exercises close to Taiwan’s territorial waters and airspace in recent weeks.

In a gesture of goodwill toward Beijing, which has denounced Tsai as a “dangerous separatist,” the new president plans to use her inaugural address to signal her readiness for dialogue, in line with Tsai’s practice.

Taipei cityscape at night
Decades of supporting Taiwan’s high-tech industries have left other parts of the economy behind, resulting in increased inequality. © Anis Lin/Getty Images

But Lai also said that Tsai had outlined that Taiwan firmly adheres to its democratic system, that the Republic of China (official name) and the People’s Republic of China should not be subservient to each other, and that Taiwan would resist annexation or annexation. It is expected that the principles will be restated. Violation of sovereignty. Taiwan’s future must be determined according to the will of the people, Lai added.

Despite maintaining Tsai’s national security personnel and approach to China, some observers believe Lai’s tenure in office could actually be very different. . During her 28-year political career, she has shown a penchant for political combat, a stark contrast to Tsai, a restrained and soft-spoken former trade policy official.

“As we address the challenges we face, we will also have to find our own voices,” the incoming administration’s top officials said, adding that Lai would “explain his vision in his own words.” Ta.

As mayor of Tainan City, Mr. Lai advocated the abolition of slush funds for city council members, sparking a revolt in the local assembly.

Recommendation

Soldiers participate in the annual Hanguang military exercise, which simulates a counter-landing operation, near the coast of New Taipei City, northern Taiwan.

During a visit to Shanghai in 2014, he told Chinese scholars that Taiwan independence was not an idea that originated with the Democratic Progressive Party, but was a long-standing aspiration of the Taiwanese people, and that only with the understanding of the Chinese government could the two sides have common ground. He said he could find out. His candor was unlike any other visiting Taiwanese politician.

In 2017, when he was then prime minister under Tsai, he infamously described himself as a “pragmatic activist for Taiwan’s independence.”

A source who has known the next president for many years said, “Mr. Lai’s brain is not Ms. Tsai’s brain.”

Additional reporting by Demetri Sevastopulo in Washington



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

China

China’s largest coalbed methane field reaches milestone output-Xinhua

June 6, 2025
China

China launches internet satellite group-Xinhua

June 6, 2025
China

China’s 1,000-kW-class civil turboshaft engine obtains production license-Xinhua

June 6, 2025
China

Rise of “painless” tourism set to transform China’s travel landscape-Xinhua

June 6, 2025
China

China’s 1,000-kW-class civil turboshaft engine obtains production license-Xinhua

June 5, 2025
China

China’s policy synergy sustains growth, stabilizes employment-Xinhua

June 5, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Pilgrims ascend Mount Arafat for Hajj climax

June 6, 2025

Swimming at the 2023 World Aquatics Championships Preview

January 5, 2020

21 Best Smart Kitchen Appliances 2024 – Smart Cooking Devices

January 6, 2020

World Music Day 2023: What Is It and Why Do We Celebrate It?

January 7, 2020
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Pilgrims ascend Mount Arafat for Hajj climax

June 6, 2025

Bengaluru pledge financial aid for victims of IPL crowd surge – Sport

June 6, 2025

‘Outsiders’ appointed to top prison posts following jailbreak

June 6, 2025
Most Popular

Sanctions force Russian economy to turn to China

June 13, 2024

WADA responds to China doping allegations ahead of Tokyo Olympics

June 15, 2024

Europe needs to consider what role China plays in the decarbonisation agenda

June 16, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.