EDITORIAL CARTOON
Somehow, US intelligence identified “the Houthis’ top missile guy” and pinpointed his exact location. At 1348 hours (Washington time), March 15, President Trump’s national security advisor Mike Waltz texted, “positive ID of him walking into his girlfriend’s building.” The unsuspecting Romeo entered. High above, the drone monitoring the building registered a flash. When the smoke cleared, Mr. Waltz texted, “…And it’s now collapsed.” RIP. The star-crossed “top missile guy” had been target number one in the now uproarious US Navy bombing campaign on that Sunday against the Yemeni rebels who have been holding the Red Sea hostage since October 19,
Deflation in China is persisting, raising growing concerns domestically and internationally. Beijing’s stimulus policies introduced in September last year have largely been short-lived in financial markets and negligible in the real economy. Recent data showing disproportionately low bank loan growth relative to the expansion of the money supply suggest the limited effectiveness of the measures. Many have urged the government to take more decisive action, particularly through fiscal expansion, to avoid a deep deflationary spiral akin to Japan’s experience in the early 1990s. While Beijing’s policy choices remain uncertain, questions abound about the possible endgame for the Chinese economy if no decisive
Actress Michelle Yeoh (楊紫瓊) on March 13 posted an Instagram caption after the opening of Tiffany’s Taipei flagship store two days earlier that read: “Thank you Tiffany for inviting us to Taipei China.” We know that Yeoh knows Taipei is in Taiwan, not China, because the caption was posted following comments she made — in English — in which she said: “Thank you to Tiffany for bringing me to Taipei, because I do love this country very much.” Her remarks and the subsequent Instagram caption were reported in Taiwan, in Chinese and English- language media such as Radio Free Asia, and overseas,
China poses a dire threat to Taiwan’s semiconductor industry as it steps up efforts to poach Taiwan’s top chip talent, following the US’ implementation of stringent chip restrictions. Beijing is keen to develop its own semiconductor technologies, leveraging skilled engineers from Taiwan, Europe and other countries to circumvent US restrictions on providing China access to advanced US chips, particularly those used in artificial intelligence applications, as well as other chip technologies and manufacturing equipment. Taiwan has always contended with talent competition from China, but the situation is worsening. The Hsinchu District Prosecutors’ Office on Friday said that China’s ARK Semi and
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