Panama Cuts Ties With Taiwan Panama switched diplomatic recognition from Taipei to Beijing, the latest in a series of developments that further isolate Taiwan on the global stage. Panamanian President Juan Carlos Varela cited “economic interests” as the incentive to sever the diplomatic ties. In response, Taiwan plans to halt all bilateral cooperative projects and…

Trump Delights in Foxconn US Investment Hype Days after one of Taiwan’s largest companies announced plans to build a US$10 billion factory in the U.S., there is speculation that the investment could be tripled in the coming years. Foxconn, the world’s largest contract manufacturer and a key supplier to Apple, last week said it would…