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.
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.
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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".
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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.
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The results of the first referendum in Taiwan's history that did not tie a general election were announced yesterday.
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The four national referendum questions failed to pass, and the administration of President Tsai Ing-wen is temporarily relieved.
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The United States may still be the world's most powerful country, but it is not necessarily the cure for all Taiwan's problems!
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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.
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Nicaragua announced, without early warning, the severance of formal ties with the Republic of China (Taiwan) on the morning of December 10 and switched diplomatic recognition to the Chinese mainland.
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After Nicaragua severed its diplomatic relations with Taiwan, President Tsai Ing-wen routinely expressed regret and explained that the incident involved complicate international politics and cross-strait relations.
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Several members of the United States Congress jointly proposed the "U.S.-Taiwan Public Health Protection Act" in the Senate and House of Representatives on November 4.
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