The Presidential Office yesterday announced that it would send businessman and senior presidential adviser Lin Hsin-i (林信義) to attend this year’s APEC summit next month.
Lin would attend the APEC Economic Leaders’ Meeting in the Peruvian capital, Lima, scheduled for Nov. 15 and 16 as President William Lai’s (賴清德) envoy to the meeting, a statement from the Presidential Office said.
Presidents have been unable to attend the forum’s leaders’ summit — even though it is a full APEC member — due to pressure from China.
Photo: CNA
Taiwan instead has traditionally appointed a prominent figure to represent the president.
Lin previously attended three APEC meetings on behalf of Taiwan — in Brunei in 2000, China in 2001 and South Korea in 2005 — during the Democratic Progressive Party administration of then-president Chen Shui-bian (陳水扁).
Lin is also chairman of Taiwania Capital Management Corp, and served as minister of economic affairs between 2000 and 2002, and vice premier between 2002 and 2004 as part of the Chen administration.
Lai asked Lin to attend the meeting to use his “professional and abundant experience to fully expound the meaning of the government’s policies” and “effectively increase Taiwan’s visibility and importance” at the meeting, the statement said.
The trip would also be aimed at promoting cooperation on “green digital transformations, digital innovation, digital health, small and medium-sized enterprise growth, women’s economic empowerment, inclusive growth and food security,” it added.
Taiwan has participated in APEC meetings every year since it joined in 1991.
Morris Chang (張忠謀), founder of chipmaking giant Taiwan Semiconductor Manufacturing Co, attended the leaders’ summit on behalf of then-president Tsai Ing-wen (蔡英文) every year from 2018 to last year.
Local media reported last week that Lai initially chose former vice president and premier Chen Chien-jen (陳建仁) to attend this year’s APEC summit, but the selection was rejected by Peru at Beijing’s behest.
The government did not deny the report.
CHAOS: Iranians took to the streets playing celebratory music after reports of Khamenei’s death on Saturday, while mourners also gathered in Tehran yesterday Iranian Supreme Leader Ayatollah Ali Khamenei was killed in a major attack on Iran launched by Israel and the US, throwing the future of the Islamic republic into doubt and raising the risk of regional instability. Iranian state television and the state-run IRNA news agency announced the 86-year-old’s death early yesterday. US President Donald Trump said it gave Iranians their “greatest chance” to “take back” their country. The announcements came after a joint US and Israeli aerial bombardment that targeted Iranian military and governmental sites. Trump said the “heavy and pinpoint bombing” would continue through the week or as long
TRUST: The KMT said it respected the US’ timing and considerations, and hoped it would continue to honor its commitments to helping Taiwan bolster its defenses and deterrence US President Donald Trump is delaying a multibillion-dollar arms sale to Taiwan to ensure his visit to Beijing is successful, a New York Times report said. The weapons sales package has stalled in the US Department of State, the report said, citing US officials it did not identify. The White House has told agencies not to push forward ahead of Trump’s meeting with Chinese President Xi Jinping (習近平), it said. The two last month held a phone call to discuss trade and geopolitical flashpoints ahead of the summit. Xi raised the Taiwan issue and urged the US to handle arms sales to
BIG SPENDERS: Foreign investors bought the most Taiwan equities since 2005, signaling confidence that an AI boom would continue to benefit chipmakers Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) market capitalization swelled to US$2 trillion for the first time following a 4.25 percent rally in its American depositary receipts (ADR) overnight, putting the world’s biggest contract chipmaker sixth on the list of the world’s biggest companies by market capitalization, just behind Amazon.com Inc. The site CompaniesMarketcap.com ranked TSMC ahead of Saudi Aramco and Meta Platforms Inc. The Taiwanese company’s ADRs on Tuesday surged to US$385.75 on the New York Stock Exchange, as strong demand for artificial intelligence (AI) applications led to chip supply constraints and boost revenue growth to record-breaking levels. Each TSMC ADR represents
Pro-democracy media tycoon Jimmy Lai’s (黎智英) fraud conviction and prison sentence were yesterday overturned by a Hong Kong court, in a surprise legal decision that comes soon after Lai was jailed for 20 years on a separate national security charge. Judges Jeremy Poon (潘兆初), Anthea Pang (彭寶琴) and Derek Pang (彭偉昌) said in the judgement that they allowed the appeal from Lai, and another defendant in the case, to proceed, as a lower court judge had “erred.” “The Court of Appeal gave them leave to appeal against their conviction, allowed their appeals, quashed the convictions and set aside the sentences,” the judges