(Bloomberg) — Taiwan’s financial regulator is considering lifting a cap that a single stock can take up in the market capitalization of local exchange-traded funds that track indexes. Most Read from Bloomberg The Financial Supervisory Commission said in a statement Thursday that it’s reviewing a proposal to lift the 30% limit in place for constituent…
China’s foreign ministry has accused the United States of launching a smear campaign, following the release of updates to the US-China relations fact sheet on the US State Department’s website. Ministry spokesman Guo Jiakun said the changes – which focused on the US trade deficit and competitive relations between the two countries – were “distorting…
Over the Scarborough Shoal, South China Sea — A Chinese navy helicopter flew within 10 feet of a Philippine patrol plane Tuesday in a disputed area of the South China Sea, prompting the Filipino pilot to warn by radio: “You are flying too close, you are very dangerous.” The Chinese helicopter was attempting to force a…
A video released by the Taiwanese military shows a Chinese amphibious assault ship operating near the coast of Taiwan. The Chinese Defense Ministry did not immediately respond to a request for comment. Why It Matters The Chinese Communist Party claims Taiwan, which is a security partner of the United States, as part of its territory…
China had a list of demands for Washington after the State Department removed a line about the U.S.’s opposition to the independence of Beijing-claimed Taiwan from a fact sheet. Newsweek contacted the State Department and Taiwan’s Foreign Ministry for comment by email outside office hours. Why It Matters The government in Taiwan, officially known as…
Beijing — China’s Foreign Ministry took issue Monday with a revised U.S. government fact sheet that removed a line on American opposition to independence for Taiwan. The United States “gravely backpedaled” on its position on Taiwan and sent the wrong message to “separatist forces” on the island, ministry spokesperson Guo Jiakun said. Taiwan and China split…
The Chinese military claimed that it deployed forces against a Canadian warship, which transited a contested waterway between China and the self-governed island of Taiwan. Newsweek has reached out to the Canadian Armed Forces for comment by email. Why It Matters China has long claimed that it has “sovereignty, sovereign rights, and jurisdiction” over the…
Rick Waters is managing director of Eurasia Group’s China practice. He spent nearly three decades with the US Department of State where he oversaw the creation of the Office of China Coordination and was deputy assistant secretary of state for China and Taiwan. This interview first appeared in SCMP Plus. For other interviews in the…
China and the US are engaged in a “new cold war” over technology and Beijing is narrowing the gap, the Munich Security Conference has heard. Participants said Washington was likely to try to maintain its edge by increasing investment in military technology and tightening export controls on advanced chips. “We’re not competing for competing’s sake….
Hong Kong’s Kai Tak Sports Park is “ready to open” on March 1, authorities have declared after organising almost 20 test runs over the past four months. Officials were speaking on Sunday following the HK$30 billion park’s final large-scale stress test, which involved more than 50,000 participants across three venues. The new park, where British…