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.
After Taiwan's presidential election, the Taiwan Semiconductor Manufacturing Company (TSMC) announced that it will expand its third 2-nanometer chip fabrication plant in Kaohsiung, suspend the building of a second fab in the United States, and build its 1-nm fab in Chiayi County.
DetailsIn 2021, Taiwan's exports to mainland China grew by 24.8 percent, constituting 42.3 percent of Taiwan's total exports and driving an overall export growth of 29.8 percent.
DetailsFormer U.S. President Trump, who has recently criticized Taiwan for taking away semiconductor jobs from the United States, is highly likely to represent the Republican Party in the 2024 presidential election and potentially become the next president of the United States.
DetailsJanuary 20: Mainland China's Ministry of Commerce recently stated that it will look into further suspending tariff reductions for agricultural and seafood products in the early harvest list of the cross-strait Economic Cooperation Framework Agreement (ECFA). The People's Political Consultative Daily, an official newspaper, quoted sources indicating that in the future, 34 zero-tariff agricultural and seafood products, including betel nuts and hairtail fish, may lose tariff preferences.
DetailsImmediately following Vice President William Lai's victory in the presidential election, Nauru announced the termination of diplomatic relations with the Republic of China (Taiwan) in a lightning-fast manner.
DetailsThe 2024 presidential election has concluded. The Democratic Progressive Party's (DPP) ticket of William Lai and Bi-khim Hsiao won the election with 40 percent of the vote.
DetailsWhile the Democratic Progressive Party (DPP) continues its rule after this election, it now faces the challenge of being a "double minority" government in both the presidential and parliamentary arenas.
DetailsJanuary 14: A senior bi-partisan delegation from the United States visited Taiwan, including former National Security Advisor Stephen Hadley and former Deputy Secretary of State James Steinberg, accompanied by Chair Laura Rosenberger of the American Institute in Taiwan (AIT). Although both Taiwan and the United States have emphasized following precedent, the speed at which the U.S. delegation arrived in Taiwan (the day after the election) was considered unusual in the political sphere.
DetailsTaiwan held its presidential election on January 13, and Democratic Progressive Party's (DPP) William Lai won with 5,586,019 votes, securing a 40.05 percent vote share, becoming the 16th-term president.
DetailsThe dust has settled after the 2024 elections, and President-Elect Lai Ching-te 's "minority government" and "minority parliament" structure ushered in a new chapter for the democratic politics of the Republic of China.
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