Published since 2019 by the Fair Winds Foundation and Association of Foreign Relations, Taiwan Weekly provides in-depth report and analysis of the major issues facing Taiwan.
Two major events that are impactful on Taiwan's economy occurred recently: First, mainland China canceled 134 preferential tariff items on the early harvest list of the cross-strait Economic Cooperation Framework Agreement (ECFA), impacting Taiwan's traditional manufacturing industries and leading to falling stock prices of related companies.
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The Executive Yuan has decided to request a reconsideration of the Legislative Yuan's third reading passage of the "Law Governing the Legislative Yuan's Power" and the "Criminal Code" amendments related to legislative reform.
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June 5: NVIDIA announced that the company will increase its investment in Taiwan. CEO Jensen Huang mentioned that the AI supercomputer center might be located in Kaohsiung, while the research center could be near Taipei. The headquarters location is still undecided. Minister Wu Cheng-wen of the National Science and Technology Council (NSTC) confirmed that the NSTC has been in contact with NVIDIA, and there is a possibility of donating some computing power to the academic community.
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Wang Yi-chuan, policy director of the ruling Democratic Progressive Party (DPP), publicly stated on a political talk show that they analyzed cell tower signals to determine the composition of the crowd protesting outside the Legislative Yuan, comparing them with participants in other civic movements to see if they overlap.
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Amid protests over the Legislative Yuan's expansion of powers, an offshoot case involving the "Bluebird Movement" emerged.
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Taiwan must prepare for the probable termination of the cross-strait Economic Cooperation Framework Agreement (ECFA) and the disappearance of traditional industries.
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May 25: The Legislative Yuan reviewed reform bills and saw intense physical conflicts between political parties. Large crowds gathered outside the Legislative Yuan to protest the proposed changes.
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On President Lai Ching-te’s fourth day in office, the Eastern Theater Command of the People's Liberation Army (PLA) announced the exercises, code named "Joint Sword-2024A", to combat the arrogance of Taiwan independence and deter the interference and intervention of external forces.
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Before May 20, American officials made many trips to Taiwan and mainland China, hoping that preventive diplomacy could work, but Beijing still reacted strongly to President Lai Ching-teh’s inaugural address and conducted military exercises.
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To oppose the bills on legislative reform, the Democratic Progressive Party (DPP) not only staged a physical altercation in the Legislative Yuan recently but also mobilized various civic groups for a rally at the legislature.
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