Taiwan could play a significant part in a global restructuring of production lines and the supply chain of critical materials in the post-COVID-19 era, Minister of Foreign Affairs Joseph Wu (吳釗燮) said on Tuesday during a virtual discussion held by Washington-based think tank the German Marshall Fund of the United States (GMF).
A restructuring of the supply chain is being discussed all around the world, Wu said.
Critical materials supplied by Taiwan seem to be helping the international community, he added.
Photo courtesy of the Ministry of Foreign Affairs
Playing a significant part in a restructuring of the supply chain of critical materials would be a “very good role for Taiwan,” Wu said.
“I think there are already very good friends either from the United States or from Europe ... saying that they are looking at Taiwan as a natural partner in this type of restructuring,” he said. “We’ll be very happy to participate in this regard.”
The hour-long discussion, titled “The Post-Pandemic Order: Navigating Approaches to China,” was part of the GMF’s Brussels Forum and moderated by GMF senior visiting fellow Noah Barkin.
US senators Marsha Blackburn and Chris Coons, and European Parliament member Reinhard Butikofer were among the speakers who participated in the discussion.
Wu also spoke about the pressure Taiwan has faced from China.
“If you look at the situation in this part of the world, Taiwan is not the only country that is suffering from Chinese pressure,” Wu said, giving as examples a border conflict between China and India, a territorial dispute between Japan and China in the East China Sea, and the expected passage of national security legislation in Hong Kong.
“For Taiwan, we have been dealing with the pressure coming from China for years and years ... but in the period of the pandemic, we are feeling more heat from China — from a more assertive China — than ever,” he said.
While Taiwan has been dealing with military and diplomatic pressure from China for years, Wu said that it has gotten worse in the past few months.
“I think that we are seeing two competing paradigms in dealing with COVID-19,” he said. “On the one hand is democracy and transparency; on the other is authoritarianism.”
Wu said that he believes this competition extends beyond the handling of the pandemic.
“There are also two philosophies, two ways of life,” he said. “I think Taiwan is very clear: We are standing on the side of democracy.”
Taiwan feels Chinese pressure “more than any other country,” he said.
“If we stand strong, I’m sure all other democracies will feel that they have a hope in dealing with China as well,” he added.
The Central Weather Administration (CWA) yesterday said it expected to issue a sea warning for Typhoon Fung-Wong tomorrow, which it said would possibly make landfall near central Taiwan. As of 2am yesterday, Fung-Wong was about 1,760km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, moving west-northwest at 26kph. It is forecast to reach Luzon in the northern Philippines by tomorrow, the CWA said. After entering the South China Sea, Typhoon Fung-Wong is likely to turn northward toward Taiwan, CWA forecaster Chang Chun-yao (張峻堯) said, adding that it would likely make landfall near central Taiwan. The CWA expects to issue a land
Taiwan’s exports soared to an all-time high of US$61.8 billion last month, surging 49.7 percent from a year earlier, as the global frenzy for artificial intelligence (AI) applications and new consumer electronics powered shipments of high-tech goods, the Ministry of Finance said yesterday. It was the first time exports had exceeded the US$60 billion mark, fueled by the global boom in AI development that has significantly boosted Taiwanese companies across the international supply chain, Department of Statistics Director-General Beatrice Tsai (蔡美娜) told a media briefing. “There is a consensus among major AI players that the upcycle is still in its early stage,”
The Central Weather Administration (CWA) yesterday said it is expected to issue a sea warning for Typhoon Fung-wong this afternoon and a land warning tomorrow. As of 1pm, the storm was about 1,070km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, and was moving west-northwest at 28 to 32kph, according to CWA data. The storm had a radius of 250km, with maximum sustained winds of 173kph and gusts reaching 209kph, the CWA added. The storm is forecast to pass near Luzon in the Philippines before entering the South China Sea and potentially turning northward toward Taiwan, the CWA said. CWA forecaster Chang Chun-yao (張峻堯) said
‘SECRETS’: While saying China would not attack during his presidency, Donald Trump declined to say how Washington would respond if Beijing were to take military action US President Donald Trump said that China would not take military action against Taiwan while he is president, as the Chinese leaders “know the consequences.” Trump made the statement during an interview on CBS’ 60 Minutes program that aired on Sunday, a few days after his meeting with Chinese President Xi Jinping (習近平) in South Korea. “He [Xi] has openly said, and his people have openly said at meetings, ‘we would never do anything while President Trump is president,’ because they know the consequences,” Trump said in the interview. However, he repeatedly declined to say exactly how Washington would respond in