Speaking at AmCham Taipei’s 50th annual Hsieh Nien Fan banquet at the Grand Hyatt on March 21, Alex Wong, U.S. Deputy Assistant Secretary of State for East Asia and the Pacific, staunchly reaffirmed American government support for Taiwan. Stating that “the United States has been, is, and always will be Taiwan’s closest friend and partner,” Wong said “the…

PV Taiwan Expo Highlights Green Energy The Taiwan External Trade Development Council (TAITRA), in cooperation with SEMI Taiwan and the Taiwan Photovoltaic Industry Association, hosted PV Taiwan 2017, Taiwan’s leading solar industry trade show, October 18-20 at the Nangang Exhibition Center. Taiwan has the world’s second largest solar cell manufacturing industry after China, with some…

China Enshrines Xi at 19th Party Congress China held its Nineteenth Party Congress October 18-24 in the Great Hall of the People in Beijing. The event gathered 2,280 delegates representing the party’s 89 million members and all of China’s provinces, including Taiwan, reflecting China’s longstanding claim to the island. The party congress, held every five years…

US$3b Infrastructure Spend Clears First Reading The budget for the Tsai administration’s US$3.29 billion first phase of a major infrastructure project passed an initial reading in Taiwan’s parliament this week. The passage of the legislation for the so-called “forward-looking infrastructure plan” was marred by physical clashes in the Legislative Yuan as opposition Kuomintang lawmakers tried…

FDI in Taiwan Slashed, Investment from China Mixed  Applications by foreign companies to invest in Taiwan in the first five months of the year was down 6% on the same time a year ago, according to the latest data from the Ministry of Economic Affairs. The ministry’s Investment Commission says 1,260 foreign direct investment (FDI)…

Panama Switches Allegiance from Taiwan to China Panama President Juan Carlos Varela announced on Monday that the Republic of Panama had severed ties with Taiwan and had established diplomatic relations with China instead. Panama and China announced that Panama now “recognizes that there is only one China in the world” and that Taiwan is part of Chinese…