Taiwan President Tsai Ing-wen is entering her final year as president and has decided to focus on security in the Taiwan Strait and consolidating the country’s position in the global supply chain. Bloomberg reports. His deputy minister should succeed her.
“There is a global consensus that the security problem in the Taiwan Strait should be resolved peacefully,” Tsai said at a news conference today. “War is not an option.” In doing so, he stressed the importance of diplomacy with China and promoting standards of decency.
“War is not an option”
In addition, chip companies such as Taiwan Semiconductor Manufacturing Company (TSMC) play an important role in Tsai’s last year. Because although they are investing more and more abroad, according to Tsai they will continue to invest in activities on the island as well. This safeguards the company’s R&D and technology departments.
Elections in January
In January, Taiwan will go to the polls for a new president and a new parliament. The new Taiwanese president’s term will start on May 20, 2024. “Given the many international challenges surrounding Taiwan, the new president must be able to be strong internationally,” Tsai said. “He must also be a strong communicator and be able to maintain stability in foreign policy.”
Especially since Taiwan is in the midst of the conflict between the deteriorating relations between the world’s two largest economies, and probably plays an important role in it. If the current Democratic-Progressive Party wins again, ties with the US will remain close and relations with China will deteriorate. This contrasts with a possible victory for the opposition Kuomintang party – which is pro-Beijing.
Source: BNR
Sharon Rock is an author and journalist who writes for 24 News Globe. She has a passion for learning about different cultures and understanding the complexities of the world. With a talent for explaining complex global issues in an accessible and engaging way, Sharon has become a respected voice in the field of world news journalism.
