Homepage / Asia / June 12 could be a big date for US-China ties — and not because of North Korea
Due Diligence Blog Digital Data Rooms for the Netherlands Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review Why Companies Use a Data Room Review to Facilitate M&A Transactions The Best File Sharing Services How Online VDRs Are Used in M&A Deals Best Virtual Data Room How to Choose a Best Board Room Provider Choosing a Data Room for Due Diligence What Is a Data Room Business Software? Best Data Room Providers Review Data Room Providers Review Mostbet Tr Resmî Web Sitesinde Giriş Ve Kayıt Olm Kumar Oynamak Için En Iyi Yerdir The Benefits of Cloud Data Services for Enterprises Online Data Room and SSL How to Build a Diverse Board of Directors Best Virtual Data Review A Data Room Service Review How Runn Makes Project Data Accessible, Accurate and Shareable Five Pillars of Information Protection The Importance of Online Business Reports Benefits of Colocation Services Virtual Data Rooms Guide Choosing a Business Virtual Data Room Choosing the Right VDR Service Review How to Conduct a Virtual Data Room Review Glory Online Casino Türkiye En Iyi Oyunları Ve Bahisleri Olan Kumarhane Mostbet Casino On-line Em Pt 2024 ️ Bónus As Well As Revisão

Asia

June 12 could be a big date for US-China ties — and not because of North Korea

The hot-and-cold relationship between the world’s two largest economies could potentially take a turn for the worse on June 12. Not because of the anticipated U.S.-North Korea summit scheduled for that day, but due to a new office building in Taiwan.

The American Institute in Taiwan, a non-profit that operates as the de-facto U.S. embassy in Taipei, is set to launch its new office that day and a senior U.S. official — many theorize it could be National Security Advisor John Bolton — is widely expected to attend.

The $250 million facility is reportedly twice the size of the current building and represents a major strengthening of U.S.-Taiwan relations. But it could also add strain to a U.S.-China relationship that’s already weighed down by trade tensions.

The Asian powerhouse, which claims Taiwan under a policy known as “One China,” opposes other countries pursuing relations with the self-ruled island. That means nations seeking ties with China must cut off diplomatic links with Taipei. Washington did that in 1979 but it created the American Institute, or AIT, the same year to maintain relations on an unofficial basis.

Trump’s outreach to Taiwan, which includes a 2016 telephone call with President Tsai Ing-wen, increased arms sales and a law that ended restrictions on official travel between U.S. and Taiwanese officials, has already irked Beijing. That piece of legislation, according to the Chinese embassy in Washington, violated the political foundation of the Sino-U.S. relationship.

Depending on which high-ranking White House employee attends the AIT launch, Beijing’s displeasure could grow.

Not only is China unhappy “with the scope and scale of the U.S. relationship with Taiwan, particularly in the security field,” the country “also objects to U.S. actions that suggest that its relationship with Taiwan is actually official,” Richard Bush, senior fellow at the Brookings Institution, said in a recent note for the U.S.-based think tank: “If it had its way, it would probably prefer that Washington have a simple trade office in Taipei, as other countries have.”

The new AIT compound was expected to house barracks for U.S. marines, according to Taiwanese media, but AIT director Kin Moy dismissed those reports in a May press conference. The de-facto ambassador said increased U.S. support for Taiwan did not mean Washington was changing its acknowledgment of the “One China” policy — despite Chinese media indicating otherwise.

Bush, a former AIT chairman, described how the institute has operated out of a complex built in the 1950s, noting that employees “have long deserved a new building.”

China’s intensifying crackdown on Tsai’s administration may also influence the White House’s decision on who to send to Taipei.

Fearful that Tsai will push for formal independence even though the 61 year-old has said she wants to maintain the status quo, Xi’s government has been restricting the island’s role in the international community and conducting provocative military exercises nearby.

China is also believed to be poaching Taiwan’s allies using pledges of investment and financial assistance — last month, the Dominican Republic become the fourth country to cut ties with Taiwan since Tsai entered office.

The world’s largest economy “should therefore seize opportunities to signal its opposition to China’s punitive tactics,” said Bush: “Sending a senior U.S. official is one of those opportunities.”

Speaking over the weekend, U.S. Defense Secretary James Mattis reaffirmed Washington’s commitment to Taiwan, stating that his department “remains steadfastly committed to working with Taiwan to provide the defense articles and services necessary to maintain sufficient self-defense.”

Source: cnbc china
June 12 could be a big date for US-China ties — and not because of North Korea

Comments are closed.