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Bloomberg Information reported that it is difficult to find a leader among world leaders who has a better fortune in 2020 than President Tsai Ing-wen: she overwhelmingly won the election in January and was successfully re-elected, leading Taiwan to top results. epidemic prevention of the world Economic recovery is better than that of major economies in helping Taiwan stocks to reach record levels. Faced with the threat of war from China, she urged to strengthen economic and trade relations with the United States as a counterweight.
The Global Times tweeted on Saturday (19) threatening that Tsai Ing-wen promised at a dinner with State Department Undersecretary Keith Krach (Keith Krach) to bring the relationship between the United States and Taiwan closer together, obviously playing with fire. If Tsai Ing-wen violates China’s anti-secession law, war will break out and Tsai Ing-wen will be “destroyed.”
The Chinese Communist Party’s People’s Liberation Army sent several military aircraft to fly over the center of the Taiwan Strait last week and launched a simulated attack on the H-6 bomber. The target looked like a US military base on Guam.
The Tsai Ing-wen government is actively taking steps to strengthen economic and trade relations with the United States, hoping to provide more incentives for US policymakers to send troops to rescue China in the event of a military breach of Taiwan.
Presidential Office spokesman Kolas Yotaka told Bloomberg: “If you reduce your economic dependence on China, you cannot blackmail us politically. By establishing closer economic relations with other countries, we will be able to maintain regional peace through prosperity and prosperity. exchange”.
Currently, Taiwan’s economy is highly dependent on exports from China. According to the Ministry of Economic Affairs, Taiwan’s exports to the mainland accounted for 42.3% of total exports in the first half of this year, while exports to the United States accounted for only 1.5% during the same period. In the first eight months of this year, Taiwanese investment in mainland China increased by 50% over the previous year, reaching a total of $ 3.9 billion.
But the Tsai Ing-wen government asked Taiwanese salmon to return home and move the supply chain out of China and into Taiwan or Southeast Asia. It also lifted some import bans on US pigs and cattle in August to facilitate bilateral trade negotiations. Economy Minister Wang Meihua said he has had preliminary economic and trade talks with Kolac. However, the formal talks will be led by Lai Haizhe, the US trade representative who negotiated the first phase of the US-China trade deal.
According to Ma Yiting, senior director of the consulting agency Bower Group Asia, it is unclear whether Taiwan will be included in the priority list of the United States Trade Representative (USTR), but the signing of any trade agreement will help Taiwan emerge from isolation. diplomatic. He said the bilateral trade agreement “will further benefit Taiwan’s security because it can provide motivation and political cover for other countries that want to have similar agreements with Taiwan.”
China is obviously not ready to abandon economic exchanges with Taiwan. Wang Yang, the No. 4 figure of the Communist Party of China and chairman of the National Committee of the Chinese People’s Political Consultative Conference, pledged last Saturday to improve policies and measures for the benefit of the people of Taiwan. Liu Guoshen, director of the Taiwan Research Institute at Xiamen University, said: “We must have a longer-term vision.” Still, China’s recent military demonstrations near Taiwan show that it is deeply concerned about the situation and may be willing to escalate tensions.
Bonnie Glaser, director of the China Energy Project at the Center for Strategic and International Studies (CSIS), said: “Beijing is concerned about the landslide effect, that the United States is abandoning the one-China policy and not respecting the line red from China. “
