Current:Home > MyTaiwan’s participation at APEC forum offers a rare chance to break China’s bonds -TruePath Finance
Taiwan’s participation at APEC forum offers a rare chance to break China’s bonds
View
Date:2025-04-27 13:27:27
TAIPEI, Taiwan (AP) — Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by authoritarian China.
Taiwan’s chief delegate will be a civilian rather than a government figure or head of state, under an unwritten rule that satisfies China’s contention that members of the organization participate as economic entities rather than state players.
For the seventh time, Taiwan will be represented by Morris Chang, the 92-year-old founder of the world-leading Taiwan Semiconductor Manufacturing Company. Chang is known as the godfather of the industry that has put Taiwan in the top ranks of high-tech manufacturing and personal electronic devices.
Taiwan has participated in APEC since 1991 under the name Chinese Taipei. It began taking part just two years after the group’s inception and the same year that China and the semi-autonomous Chinese city of Hong Kong joined.
Taiwan has relied on retired ministers — and, in Chang’s case, industry leaders — who are well connected with the government but do not carry the burden of formal office, which could spark a protest from China. But that doesn’t mean Taiwan’s government won’t be represented. Minister of Finance Chuang Tsui-yun will attend a meeting presided over by U.S. Treasury Secretary Janet Yellen, who recently visited Beijing, and two other ministers will attend meetings on Tuesday and Wednesday.
TAIWAN TO BE MAJOR TOPIC AT XI-BIDEN MEETING
A Japanese colony until the end of World War II, Taiwan split from mainland China amid a civil war in 1949. China continues to claim the island as its territory, to be annexed by force if necessary, a threat it plays out on a near-daily basis by sending ships and warplanes into areas around the island. These acts of political intimidation have the potential to wear down the operational resiliency of the island’s military equipment and personnel. Taiwan has just a fraction of the air, sea, and missile power of China’s People’s Liberation Army, not to mention its ground forces, and relies heavily on young men doing their mandatory national service to fill its ranks.
However, Taiwan in recent years has invested heavily in upgraded arms purchases from the U.S., along with boosting its own defense industry, most notably building submarines that could undermine the Chinese naval threat. That has come partly in response to Chinese displays of force such as sailing aircraft carriers through the economically crucial Taiwan Strait and sending aircraft and drones to circle the island.
While the U.S. has no military treaty with Taiwan, it is obligated under federal law to ensure the island can defend itself and to treat all threats to the island as matters of “grave concern.” That, along with Washington’s string of alliances from Japan to South Korea and the Philippines, and its refusal to recognize China’s claim to virtually the entire South China Sea, make the Taiwan Strait a potential powder keg should Chinese leader Xi Jinping seek to make good on his determination to unite what he views as China’s historical territory and cement his political legacy.
China primarily wants an end to U.S. arms sales to Taiwan, including latest model F-16 fighter jets, and an assurance it will not give an electoral boost to the ruling pro-independence Democratic Progressive Party.
U.S. National Security Council spokesperson John Kirby said Wednesday that among the points that President Joe Biden will make clear to President Xi Jinping is that the U.S., in accordance with its law, will continue to provide “self-defense capabilities for Taiwan.”
POLITICS AT PLAY
Even with China’s lackluster economic rebound from the COVID-19 pandemic, including high youth unemployment and massive debts born by an overextended housing sector, Xi is pushing ahead with his vision for China to reclaim its historical place as the center of cultural, political and economic life in the Asia-Pacific.
Taiwan, with its multi-party system focused mostly on local issues and with a broad consensus favoring political separation from China, presents a unique challenge to those who call the shots inside the cloistered Qing Dynasty-era leadership compound of Zhongnanhai in Beijing. Almost entirely male and shielded from the media, they brought Hong Kong to heel after pro-democracy protests broke out in the former British colony in 2019.
China has sought to influence Taiwanese politics through military threats, but also by using a “carrot and stick” approach toward economic opportunities on the mainland and by enticing politicians, chiefly from the main Nationalist Party, also known as the Kuomintang or KMT, to meet with high-level officials in Beijing. Taiwanese media outlets have also been persuaded to run stories critical of the status quo of de-facto independence, mainly through their ownership structures, which involve substantial investments on the mainland.
Ultimately, it comes down to the voters in Taiwan. January’s elections for the presidency and legislature will be the best determinant of whether the populace wishes to stay the course or seek a greater degree of accommodation with Beijing. Current Vice President William Lai appears to be in a strong position to win at least a plurality of the vote in his bid for the presidency, while his opposition appears splintered and unable to form the sort of alliances that could put the U.S.-trained medical professional under substantial pressure, despite the vast sums being spent on advertising by rivals such as electronics magnate Terry Gou.
veryGood! (22456)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Climate Change Becomes an Issue for Ratings Agencies
- Federal appeals court preserves access to abortion drug but with tighter rules
- More than half of Americans have dealt with gun violence in their personal lives
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Aerie's Clearance Section Has 76% Off Deals on Swimwear, Leggings, Tops & More
- Shark Week 2023 is here! Shop nautical merch from these brands to celebrate the occasion
- In a supreme court race like no other, Wisconsin's political future is up for grabs
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Dua Lipa and Boyfriend Romain Gavras Make Their Red Carpet Debut as a Couple at Cannes
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- What's the origin of the long-ago Swahili civilization? Genes offer a revealing answer
- When homelessness and mental illness overlap, is forced treatment compassionate?
- Bill Barr condemns alleged Trump conduct, but says I don't like the idea of a former president serving time
- The Best Stocking Stuffers Under $25
- Trump Administration OK’s Its First Arctic Offshore Drilling Plan
- Medication abortion is still possible with just one drug. Here's how it works
- Can Planting a Trillion Trees Stop Climate Change? Scientists Say it’s a Lot More Complicated
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
This Week in Clean Economy: China Is Leading the Race for Clean Energy Jobs
Transcript: Former New Jersey Gov. Chris Christie on Face the Nation, June 18, 2023
These Are the Best Appliances From Amazon for Small Kitchens
Federal hiring is about to get the Trump treatment
Transcript: Former New Jersey Gov. Chris Christie on Face the Nation, June 18, 2023
One month after attack in congressman's office, House panel to consider more security spending
Oceans Are Melting Glaciers from Below Much Faster than Predicted, Study Finds