Vice President Annette Lu (
Addressing a colloquium held at the Chunan office of the Hsinchu Industrial Park, Lu said that so far, 71 percent of the overseas investments made by private Taiwanese companies have focused on China, which she described as tantamount to putting all the eggs in one basket.
Lu urged companies to avoid being "trapped by the Chinese authorities" and to instead invest abroad from a global perspective.
The vice president told executives of 20-odd companies from the science park who attended the colloquium to consider investing in Central and South American countries, such as the Dominican Republic, which she claimed could be a "brand new world" for Taiwanese investors in terms of making investments abroad.
Also speaking at the colloquium, Chen Cheng-chung (陳正忠), secretary-general of the International Cooperation and Development Fund (ICDF), told the high-tech company executives that Taiwan is expected to complete a second round of bilateral talks with the Dominican Republic in September on the signing of a free trade agreement between the two countries.
Taiwan would benefit from more integrated military strategies and deployments if the US and its allies treat the East China Sea, the Taiwan Strait and the South China Sea as a “single theater of operations,” a Taiwanese military expert said yesterday. Shen Ming-shih (沈明室), a researcher at the Institute for National Defense and Security Research, said he made the assessment after two Japanese military experts warned of emerging threats from China based on a drill conducted this month by the Chinese People’s Liberation Army’s (PLA) Eastern Theater Command. Japan Institute for National Fundamentals researcher Maki Nakagawa said the drill differed from the
‘WORSE THAN COMMUNISTS’: President William Lai has cracked down on his political enemies and has attempted to exterminate all opposition forces, the chairman said The legislature would motion for a presidential recall after May 20, Chinese Nationalist Party (KMT) Chairman Eric Chu (朱立倫) said yesterday at a protest themed “against green communists and dictatorship” in Taipei. Taiwan is supposed to be a peaceful homeland where people are united, but President William Lai (賴清德) has been polarizing and tearing apart society since his inauguration, Chu said. Lai must show his commitment to his job, otherwise a referendum could be initiated to recall him, he said. Democracy means the rule of the people, not the rule of the Democratic Progressive Party (DPP), but Lai has failed to fulfill his
OFF-TARGET: More than 30,000 participants were expected to take part in the Games next month, but only 6,550 foreign and 19,400 Taiwanese athletes have registered Taipei city councilors yesterday blasted the organizers of next month’s World Masters Games over sudden timetable and venue changes, which they said have caused thousands of participants to back out of the international sporting event, among other organizational issues. They also cited visa delays and political interference by China as reasons many foreign athletes are requesting refunds for the event, to be held from May 17 to 30. Jointly organized by the Taipei and New Taipei City governments, the games have been rocked by numerous controversies since preparations began in 2020. Taipei City Councilor Lin Yen-feng (林延鳳) said yesterday that new measures by
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