Taiwan Weekly is a newsletter released every week by Fair Winds Foundation, Association of Foreign Relations and Taipei Forum that provides coverage and perspectives into the latest developments in Taiwan.
December 28: After Nicaragua unilaterally announced the severance of diplomatic relations with Taiwan on December 10, the media reported on December 27 that President Daniel Ortega ordered the confiscation of the Taiwan government's local assets and transferred them to mainland China.Details
The ruling Democratic Progressive Party (DPP) in Taiwan has made advance arrangements for the 2022 local elections.Details
Within just a few days right after the referendum, the administration of President Tsai Ing-wen has successively put forward two controversial policies: the merger and upgrade of Hsinchu County and Hsinchu City into a new special municipality and the direct submission of the 2022 general budget bill to the plenary session (second reading) of the Legislative Yuan, without going through first reading.Details
Some American scholars suggested Taiwan could use a "scorched earth strategy" by threatening to destroy facilities belonging to the Taiwan Semiconductor Manufacturing Company (TSMC) to deter China from invading Taiwan and to accept the "status quo".Details
December 20: The Investment Commission, Ministry of Economic Affairs, approved the Taiwan Semiconductor Manufacturing Company's (TSMC) application to construct a 12-inch wafer fabrication plant in Kumamoto Prefecture, Japan. This is cooperation between benchmark companies of Taiwan and Japan, but the relevant technology is one generation behind Taiwan's, so there should be no concerns about the outflow of high-end technology. The TSMC will invest NT$58.4 billion (about US$2.1 billion) to build plants starting 2022 and begin production by the end of 2024.Details
The four national referendum questions failed to pass, and the administration of President Tsai Ing-wen is temporarily relieved.Details
December 12: While Minister without Portfolio Audrey Tang presented a briefing at the Summit for Democracy organized by the United States, the video was cut off momentarily, leaving only the audio. According to media reports, Tang used a map which marked Taiwan and China in different colors, implicating the U.S. "One China" policy.Details