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.
The U.S. Senate Foreign Relations Committee passed the "Taiwan Policy Act" on September 14, 2022, authorizing US$6.5 billion foreign military financing and loan guarantee to Taiwan from 2023 to 2027 and designating Taiwan as a non-NATO ally.
DetailsThe hypersensitive "Taiwan Policy Act" approved by majority in the Foreign Relations Committee of United States Senate, while partial clauses with the dint of Taiwan Sovereignty were revised, but military support of Taiwan was obviously reinforced.
DetailsWhile Taiwan is focused on the "Taiwan Policy Act 2022" passed by the United States Senate Foreign Relations Committee, the Shanghai Cooperation Organization (SCO) summit, which is making its debut in Samarkand, Uzbekistan, is also worth attention.
DetailsSeptember 12: Taiwan stocks were sluggish, and trading volume fell sharply. The Ministry of Finance announced that revenues from securities tax levied in August fell sharply to NT$14.1 billion (about US$450 million), an annual decrease of 42.3 percent, and each month from January to August experienced negative growth. The accumulated tax revenue in the first eight months was NT$123.5 billion (about US$3.9 billion), a sharp decrease of NT$71.7 billion (about US$2.3 billion) from last year, an annual decrease of 36.7 percent and the largest decrease since the Internet bubble of 2002.
DetailsThe Foreign Affairs Committee of the United States Senate will consider a draft of the Taiwan Policy Act of 2022 on September 14.
DetailsThe Taiwan Policy Act, initiated in the United States by bipartisan lawmakers, is about to be considered by the Senate Foreign Affairs Committee.
DetailsRecently, President Tsai Ing-wen has been regularly using her role as the party chairman to help candidates of her ruling Democratic Progressive Party (DPP) in elections.
DetailsSeptember 5: In a campaign video promoting the installation of electronic bidets in public restrooms, the appearance of Chen Shih-chung, the Democratic Progressive Party's (DPP) Taipei mayoral candidate, peeping through the toilet door has attracted criticism. Chen apologized for this, stating that he did not intend harassment, and the video was immediately revised. Chiang Wan-an, the Kuomintang (KMT) candidate for Taipei mayor, blasted Chen for acting like a thief, and independent mayoral candidate Huang Shan-shan also criticized Chen for setting a bad example for children.
DetailsMainland Chinese civilian drones have repeatedly flown into the airspace of Kinmen in recent weeks.
DetailsThe Kinmen Defense Command finally took action, shooting down a mainland Chinese drone interfering with the frontline station.
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