Taiwan may soon allow tourists from China to visit Taiwan, following a consensus reached by an economic advisory council over the weekend to ease current restrictions on a trial basis, local Chinese-language media reported yesterday.
The first batch of tourists from China may arrive in Taiwan as soon as October, a local Chinese-language newspaper said, quoting DPP lawmaker Chang Ching-fang (
Chang said the government may soon unveil a new policy on the opening-up of Taiwan to Chinese tourists and that, if certain visa and other formalities were resolved smoothly, the first batch of Chinese tourists could arrive as early as October.
He also said in the trial phase the opening-up would focus on Chinese tourists visiting the island as part of a tour group. In addition, the number of tourists allowed into the country would initially be limited to 1,000 per day.
The recommendation was one of several reached by politicians, academics and business leaders at a landmark economic conference over the weekend aimed at stimulating Taiwan's flagging economy. The gathering also proposed an easing of current limits on investments in China.
While Taiwan has allowed its citizens to freely travel to China since 1987, only a small number of Chinese have been able to visit Taiwan due to restrictions imposed by both sides of the Taiwan Strait after the end of a civil war in 1949.
Despite being separated for more than half a century, Beijing still regards the Taiwan as a renegade province and has pledged to bring it back into the fold, by force if necessary.
TEMPORARY TRUCE: China has made concessions to ease rare earth trade controls, among others, while Washington holds fire on a 100% tariff on all Chinese goods China is effectively suspending implementation of additional export controls on rare earth metals and terminating investigations targeting US companies in the semiconductor supply chain, the White House announced. The White House on Saturday issued a fact sheet outlining some details of the trade pact agreed to earlier in the week by US President Donald Trump and Chinese President Xi Jinping (習近平) that aimed to ease tensions between the world’s two largest economies. Under the deal, China is to issue general licenses valid for exports of rare earths, gallium, germanium, antimony and graphite “for the benefit of US end users and their suppliers
Dutch chipmaker Nexperia BV’s China unit yesterday said that it had established sufficient inventories of finished goods and works-in-progress, and that its supply chain remained secure and stable after its parent halted wafer supplies. The Dutch company suspended supplies of wafers to its Chinese assembly plant a week ago, calling it “a direct consequence of the local management’s recent failure to comply with the agreed contractual payment terms,” Reuters reported on Friday last week. Its China unit called Nexperia’s suspension “unilateral” and “extremely irresponsible,” adding that the Dutch parent’s claim about contractual payment was “misleading and highly deceptive,” according to a statement
The Chinese government has issued guidance requiring new data center projects that have received any state funds to only use domestically made artificial intelligence (AI) chips, two sources familiar with the matter told Reuters. In recent weeks, Chinese regulatory authorities have ordered such data centers that are less than 30 percent complete to remove all installed foreign chips, or cancel plans to purchase them, while projects in a more advanced stage would be decided on a case-by-case basis, the sources said. The move could represent one of China’s most aggressive steps yet to eliminate foreign technology from its critical infrastructure amid a
Nissan Motor Co has agreed to sell its global headquarters in Yokohama for ￥97 billion (US$630 million) to a group sponsored by Taiwanese autoparts maker Minth Group (敏實集團), as the struggling automaker seeks to shore up its financial position. The acquisition is led by a special purchase company managed by KJR Management Ltd, a Japanese real-estate unit of private equity giant KKR & Co, people familiar with the matter said. KJR said it would act as asset manager together with Mizuho Real Estate Management Co. Nissan is undergoing a broad cost-cutting campaign by eliminating jobs and shuttering plants as it grapples
RSS