Summary
OnAir Post: Winter 2023 News
News
Yang will serve at least until Feb. 2028
Central Bank Governor Yang Chin-long (楊金龍) will serve a second five-year term until Feb. 2028, the Presidential Office said Tuesday (Dec. 27).
Yang, 69, first took office on Feb. 26, 2018, with his first term marked by economic problems resulting from the trade war between China and the United States, the COVID-19 pandemic, the Russian invasion of Ukraine, and global inflation followed by interest rate hikes at home and abroad.
He described the past years as a major challenge for the Central Bank, UDN reported. While the size of the challenges has been increasing, Yang emphasized that he always “treated peace as if it were war,” taking even smaller challenges seriously.
In an interview with the Guardian published on Monday, Minister of Foreign Affairs Joseph Wu (吳釗燮) said that Beijing might be using frequent incursions into Taiwan’s air defense identification zone to justify future military actions.
Wu correctly understands China’s modus operandi, which is to push boundaries to see what it can get away with before pushing further.
However, the government’s focus should not be on the air zone, which was created by the US military after World War II and is not recognized by China and even includes parts of China’s Fujian and Zhejiang provinces. Instead, the government should stay focused on incursions into the nation’s territorial waters and airspace, and attempts to test blockades.
Territorial waters and airspace are generally understood to extend 12 nautical miles (22km) from shore, so they cannot be enforced in the case of Kinmen and Lienchiang counties, which lie within 20km of China’s coast, but it would still be prudent for the government to set clear boundaries on incursions to prevent China from inching closer to Taiwan proper or even normalizing such behavior. Such boundaries would have to take into account normal activity for China in areas considered international territory, but they would demand a clear, unambiguous response in the event that Chinese activity affected Taiwan’s own lawful activity or national security.
RTI English – December 16, 2022 (01:05)
The Lunar New Year holiday is just around the corner. Taiwanese from the islands of Kinmen and Mazu may be eager to return to their homes for the holidays. But reopening to China has been somewhat controversial.
[Taiwan’s Microchip Industry] Chip industry insider Dave Adelman, the managing director Siltronics AG Taiwan Branch, shares his thoughts on Taiwan and the global competition in the chip industry. He also shares how microchips are made.
An Iranian newspaper on Saturday said that Taiwan has a “legal right” to independence, in an apparent reaction to China siding with the United Arab Emirates (UAE) in a diplomatic row over three islands in the Strait of Hormuz that Iran also claims.
The Arman Daily’s front page story, titled “Taiwan Independence: A Legal Right,” said Beijing would have to accept Taiwan’s independence despite attempts to suppress it by force.
The article gained international attention after Iranian commentator Maysam Bizaer posted about it on Twitter.
