U.S., Taiwan agree to promote alternatives to Chinese supply chain
Sep. 4 - Taipei, Sept. 4 (CNA) The American Institute in Taiwan (AIT) and the Taiwan External Trade Development Council (TAITRA) have agreed to work closer together to restructure the global supply chain and make it more resilient, in an apparent attempt to avoid overreliance on China, especially in the ICT and medical sectors.
The agreement was made public in a joint statement issued on Friday by the AIT, the de facto U.S. embassy in Taiwan, and TAITRA, a Taiwanese government-supported trade promotion organization.
According to the statement, the partnership will focus on encouraging partners to bring supply chains closer to home or situate them in like-minded economies, and ensuring that supply chains are secure and free from political coercion... more
Sep. 4 - Taipei, Sept. 4 (CNA) The American Institute in Taiwan (AIT) and the Taiwan External Trade Development Council (TAITRA) have agreed to work closer together to restructure the global supply chain and make it more resilient, in an apparent attempt to avoid overreliance on China, especially in the ICT and medical sectors.
The agreement was made public in a joint statement issued on Friday by the AIT, the de facto U.S. embassy in Taiwan, and TAITRA, a Taiwanese government-supported trade promotion organization.
According to the statement, the partnership will focus on encouraging partners to bring supply chains closer to home or situate them in like-minded economies, and ensuring that supply chains are secure and free from political coercion... more
Why the EU is going cold on China
The five-country visit of China’s chief diplomat have underlined how relations with the EU have deteriorated in just a few months
Sep. 4 - It was, as the politburo might put it, a charm offensive with Chinese characteristics. The five-country trip to Europe by China’s foreign minister Wang Yi – his first foreign travel since February – was ostensibly a routine tour to strengthen relations between Beijing and key European capitals, but coming at a time of such acute tension between China and the United States, it was very clearly designed to pre-empt any signs of a joint EU-US front against Beijing. On each stop, Wang warned pointedly of the dangers of a “new Cold War” between east and west.
But while mending fraying relationships was the objective, the travels of China’s chief diplomat merely underlined how EU-China relations have deteriorated in just a few months.
In Berlin, Wang threatened Czech senate speaker Milos Vystrcil for his recent visit to Taiwan, saying Vystrcil would “pay a heavy price for his shortsighted behaviour”. That earned Wang a rebuke from Heiko Mass, Germany’s foreign minister, who, at a joint press conference, said that “in the European Union we deal with our international partners together and with respect, and threats do not fit into that approach”. Germany is China’s biggest trading partner and, under Angela Merkel, has been slow to criticise it in public. The same is true of Italy... more
The five-country visit of China’s chief diplomat have underlined how relations with the EU have deteriorated in just a few months
Sep. 4 - It was, as the politburo might put it, a charm offensive with Chinese characteristics. The five-country trip to Europe by China’s foreign minister Wang Yi – his first foreign travel since February – was ostensibly a routine tour to strengthen relations between Beijing and key European capitals, but coming at a time of such acute tension between China and the United States, it was very clearly designed to pre-empt any signs of a joint EU-US front against Beijing. On each stop, Wang warned pointedly of the dangers of a “new Cold War” between east and west.
But while mending fraying relationships was the objective, the travels of China’s chief diplomat merely underlined how EU-China relations have deteriorated in just a few months.
In Berlin, Wang threatened Czech senate speaker Milos Vystrcil for his recent visit to Taiwan, saying Vystrcil would “pay a heavy price for his shortsighted behaviour”. That earned Wang a rebuke from Heiko Mass, Germany’s foreign minister, who, at a joint press conference, said that “in the European Union we deal with our international partners together and with respect, and threats do not fit into that approach”. Germany is China’s biggest trading partner and, under Angela Merkel, has been slow to criticise it in public. The same is true of Italy... more
