Recently I have been watching news and political talk shows on local TV. Often I see people calling themselves military experts accusing the Taiwanese government of spending too much money on the military budget. I believe that these so-called "experts" are not even focusing on the real problem. The real problem is "are the weapons suitable for Taiwan?"
I would like to illustrate the problem using a story.
Once upon a time, deep in a forest far far away, the lion was the king of all the animals. One day, there was a competition held in the forest. The lion decided to send out his best team in order to win, so he selected the eagle to compete in the flying marathon, the tiger to join the running race and the shark to participate in the diving competition. However, the results during training were not very satisfactory, and the lion could not figure out why. The lion could not understand why the results were so bad as he had chosen the strongest and most fearsome animals. The fox then told the lion "it's because you have selected the wrong kind of animals. You should let the pigeon compete in the flying, let the horse run in the race, and let the dolphin do the diving." The lion decided to follow the fox's suggestions and the animals were victorious in every event.
According to recent military magazines, the long-stalled arms procurement budget, which includes submarines, anti-sub planes and Patriot III missiles will definitely increase Taiwan's defensive capability. Even though these weapons are not the most lethal, they are the most suitable for Taiwan. I believe that the government should not buy the most destructive weapons in order to compete with China. However we should equip ourselves with advanced weapons in order to protect ourselves.
If the lawmakers think the arms budget is too expensive and the weapons are not suitable, do they have a better list for Taiwan? The opposition party has been rejecting the arms budget for the sake of opposition, but the only way to solve the problem is to start discussing the procurement.
Chiu Yen-Lung
Miaoli
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
Every analyst watching Iran’s succession crisis is asking who would replace supreme leader Ayatollah Ali Khamenei. Yet, the real question is whether China has learned enough from the Persian Gulf to survive a war over Taiwan. Beijing purchases roughly 90 percent of Iran’s exported crude — some 1.61 million barrels per day last year — and holds a US$400 billion, 25-year cooperation agreement binding it to Tehran’s stability. However, this is not simply the story of a patron protecting an investment. China has spent years engineering a sanctions-evasion architecture that was never really about Iran — it was about Taiwan. The
After “Operation Absolute Resolve” to capture former Venezuelan president Nicolas Maduro, the US joined Israel on Saturday last week in launching “Operation Epic Fury” to remove Iranian supreme leader Ayatollah Ali Khamenei and his theocratic regime leadership team. The two blitzes are widely believed to be a prelude to US President Donald Trump changing the geopolitical landscape in the Indo-Pacific region, targeting China’s rise. In the National Security Strategic report released in December last year, the Trump administration made it clear that the US would focus on “restoring American pre-eminence in the Western hemisphere,” and “competing with China economically and militarily