China and the US said yesterday that they had reached an agreement on the release of the 24 detained crew members of a US spy plane.
\nChina said it would free the crew -- who have been at the center of an 11-day-old Sino-American standoff -- on humanitarian grounds once the "relevant procedures" had been completed.
\nUS President George W. Bush, expressing sorrow for the death of a Chinese fighter pilot in the April 1 collision with the spy plane over the South China Sea, said plans were under way to bring home the crew from Hainan island as soon as possible.
\n"This morning the Chinese government assured our American ambassador that the crew would leave promptly," Bush said in a brief statement at the White House. "We are working on arrangements to pick them up and to bring them home."
\nChina's Foreign Minister Tang Jiaxuan (
Taipei on Friday rejected Hanoi’s characterization of its recent live-fire drill near Itu Aba Island (Taiping Island, 太平島) as “illegal,” saying that Taiwan’s claim to the small island in the South China Sea was “unquestionable.” The Ministry of Foreign Affairs (MOFA) said in a statement that the comments made by its Vietnamese counterpart about the military’s routine live-fire drills near Itu Aba on Tuesday were “unacceptable.” Earlier on Friday, Vietnamese Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang called Taiwan’s military activity “a serious violation of Vietnam’s territorial sovereignty,” saying it had caused tensions and complicated the situation in the region. Hang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it is more than doubling its US investment to US$40 billion as it plans to make 3-nanometer chips in 2026 at a second Arizona fab, adding to the chipmaker’s original plan of building a US$12 billion fab to make 4-nanometer chips in 2024. The investment would mark the largest foreign direct investment in Arizona’s history and one of the largest foreign direct investments in the history of the US, the world’s largest contract chipmaker said in a statement yesterday. In addition to the more than 10,000 construction workers at the site, TSMC’s two fabs
PREPARATIONS: Japan has been monitoring China’s moves in the South China Sea and is increasing defense around the Ryukyu Islands, a former Japanese defense official said Japan is likely to recognize Taiwan as a country should the nation continue to be governed freely and democratically, former Japanese vice minister of defense Yasuhide Nakayama said in Taipei yesterday. Nakayama visited Taiwan for the first time to promote the Chinese-language version of his book Statesman Yasuhide Nakayama. Two Japanese House Representatives from the Constitutional Democratic Party recently said that Taiwan had escalated tensions with China, and urged Japanese Prime Minister Fumio Kishida to state that he does not support Taiwanese independence. “Their statements do not represent the ruling party or the Japanese government. Nor do they have any bearing on government
ENHANCEMENT: The sale would update Taiwan’s Patriot missile system to improve its missile defensive capability and deter threats, the US Department of State said The US has proposed selling Taiwan as many as 100 of its most advanced Patriot air-defense missiles along with radar and support equipment in a deal valued at US$882 million, according to a US Department of State notice obtained by Bloomberg News. The proposal was made under the provisions of a 2010 sale and so technically is not new. It is classified as an enhancement to the earlier deal, with a potential total value of US$2.81 billion. The upgrade would not change the overall value of that deal, which infuriated Beijing at the time and led it to halt planned military exchanges