EDITORIAL CARTOON
There appears to be a growing view among leaders and leading thinkers in Taiwan that their words and actions have no influence over how China approaches cross-Strait relations. According to this logic, China’s actions toward Taiwan are guided by China’s unwavering ambition to assert control over Taiwan. Many also believe Beijing’s approach is influenced by China’s domestic politics. As the thinking goes, former President Tsai Ing-wen (蔡英文) made a good faith effort to demonstrate her moderation on cross-Strait issues throughout her tenure. During her 2016 inaugural address, Tsai sent several constructive signals, including by acknowledging the historical fact of interactions and
A return to power for former US president Donald Trump would pose grave risks to Taiwan’s security, autonomy and the broader stability of the Indo-Pacific region. The stakes have never been higher as China aggressively escalates its pressure on Taiwan, deploying economic, military and psychological tactics aimed at subjugating the nation under Beijing’s control. The US has long acted as Taiwan’s foremost security partner, a bulwark against Chinese expansionism in the region. However, a second Trump presidency could upend decades of US commitments, introducing unpredictability that could embolden Beijing and severely compromise Taiwan’s position. While president, Trump’s foreign policy reflected a transactional
HSBC Holdings successfully fought off a breakup campaign by disgruntled Asian investors in recent years. Now, it has announced a restructuring along almost the same east-west lines. The obvious question is why? It says it is designed to create a simpler, more efficient and dynamic company. However, it looks a lot like the bank is also facing up to the political reality of the growing schism between the US and China. A new structure would not dissolve HSBC’s geopolitical challenges, but it could give the bank better options to respond quickly if things worsen. HSBC spent 2022 battling to convince shareholders of
China’s “Joint Sword-2024B” military exercises around Taiwan last week have sparked concerns in Taipei and allied capitals that Beijing’s risk tolerance is increasing, and rather than prioritizing efforts toward “peaceful unification,” it is ramping up efforts to bring about unification by force, whether that be a military quarantine, blockade or full-scale invasion. Catherine Lila Chou (周怡齡) and Mark Harrison are right in their recent book Revolutionary Taiwan: Making Nationhood in a Changing World Order that the nature of Beijing’s one-party political system, in which the Chinese Communist Party (CCP) is always right, means Taiwanese identity is explained away as being the
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