President Chen Shui-bian (
Later, when visiting Pearl Harbor during his stopover in Hawaii, he gave an unscripted talk in which he cited the Pacific theater of World War II as an example. He said that the US and Japan were in fact enemies half a century ago, but they are friends today. He also said that the two sides of the Taiwan Strait should learn from this great example.
Indeed, the Pearl Harbor attack in 1941 triggered the Pacific War, and the historical wound caused by the two atomic bombs also exists. But after half a century, the US and Japan are already military and diplomatic partners working to maintain peace and stability in the western Pacific region. This development proves that no conflict in the international community cannot be resolved.
The following day, the issue with the repatriation of illegal Chinese immigrants that has been left in limbo since the presidential election in March was resolved. Through Taiwan's and China's Red Cross organizations, China accepted the return of 178 illegal immigrants from Taiwan, and returned five Taiwanese criminals to Taiwan. In a statement, the Mainland Affairs Council said China plans to receive yet another group of illegal immigrants on Sept. 10. After a long period of tense relations across the Taiwan Strait, even such a small easing of tension is enough to be exciting.
China has for a long time posed a military threat to Taiwan, and it keeps around 600 missiles aimed at Taiwan along its southern coast, forcing Taiwan to find ways to defend itself -- partly through R&D and arms purchases, partly by strengthening its military.
Apart from having missiles aimed at Taiwan, the People's Liberation Army's exercise on Dongshan Island is clearly targeted at Taiwan. Dongshan Island is located in the southern part of the Taiwan Strait, only 181km from the Penghu islands and 307km from Kaohsiung. The exercise mainly consists of simulated landings and clearly mimics the capture of Penghu.
The people of Taiwan normally repay one good deed with another, which means that if your opponent gives you a gift, you have to give him something in return. Chen's initiative in responding to the military retreat from Dongshan Island serves to further underline Taiwan's goodwill. If China does not pose a military threat to us, there is no need for us to strengthen our military.
We sincerely hope that the warmth being shown across the Strait recently is an indication of a more constructive relationship, rather than one-off incidents.
China should build greater confidence in the goodwill of nations made up of the same race and speaking the same language. Once China and Taiwan put aside enmity and choose to engage in the spirit of friendship, they could become the strongest allies in the Western Pacific. We also hope that China will understand the Taiwanese way of doing things, namely that we will repay one good turn with another, so that Taiwan might eventually become China's closest friend.
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when
US Secretary of the Treasury Scott Bessent and Chinese Vice Premier He Lifeng (何立峰) are expected to meet this month in Paris to prepare for a meeting between US President Donald Trump and Chinese President Xi Jinping (習近平). According to media reports, the two sides would discuss issues such as the potential purchase of Boeing aircraft by China, increasing imports of US soybeans and the latest impacts of Trump’s reciprocal tariffs. However, recent US military action against Iran has added uncertainty to the Trump-Xi summit. Chinese Minister of Foreign Affairs Wang Yi (王毅) called the joint US-Israeli airstrikes and the