Speaking at a regular news briefing, Zhu Fenglian, spokesperson for China's Taiwan Affairs Office, reiterated there was no cause for alarm for most Taiwanese
The Taiwan Strait, separating Taiwan from mainland China, has been a frequent area of contention, with Beijing viewing Taiwan as a breakaway province and asserting sovereignty over the island.
The five-day drill is being held even as China's People's Liberation Army (PLA) flew a record number of aircraft close to the island this month
MOFA said the claims made by the two nations were unacceptable and stressed the sovereign rights of the Republic of China (Taiwan) to its islands in the South China Sea
Trump will be facing President Joe Biden in November if Biden withstands pressure to step aside due to his age. However, their different foreign policies have significant implications for Taiwan
Earlier, on Saturday, MND detected 22 PLA aircraft and 7 PLAN vessels in the vicinity of Taiwan, marking a notable escalation in military activities
17 of the aircraft crossed the median line and entered Taiwan's northern, southwestern and eastern ADIZ, prompting a strategic response from Taiwan's defence forces
While TSMC's stock - and the broader Taiwan market - has reached record highs, it began slumping after Trump's comment that "Taiwan took 100% of our chip business"
Ten of the detected aircraft crossed the Taiwan Strait's median line, which traditionally serves as an informal boundary
Among the worst hit were shares of Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which has shed roughly $61.35 billion in market value over two days
China on Wednesday said it has suspended the crucial arms control and non-proliferation talks with the US, accusing Washington of continuing arms sales to Taiwan. Announcing this, Chinese Foreign Ministry Spokesman Lin Jian said the US continued sales of weapons to self-ruled Taiwan, which China claims as a rebel province that must be reunified with the mainland, even by force. He said that despite Beijing's opposition, the US actions had severely damaged the political atmosphere necessary for continued arms control consultations between the two sides. China has decided to suspend talks with the US on holding a new round of arms control and non-proliferation consultations, Lin told a media briefing here. The responsibility for this situation lies entirely with the US, he said, squarely blaming Washington for the disruption of the talks. China was willing to maintain communication with the US on the issue but only on the condition that the US must respect China's core interests and
This comes after former US President Donald Trump, in a recent interview, suggested that Taiwan should pay Washington for protection
Taiwan Premier Cho Jung-tai, responding to Trump's comments, said Taiwan and the US have good relations despite the lack of formal ties, and is dedicated to bolstering its defences
Taiwan, officially known as the Republic of China (ROC), remains a key geopolitical flashpoint in East Asia, with its sovereignty fiercely contested by Beijing despite its self-governing status
Total of 10 Chinese aircraft and 6 Chinese vessels were detected operating in proximity to Taiwan
Taiwan's Defence Ministry said Saturday it was monitoring waves of test-firing by China's missile unit in a region more than 1,600 kilometres (1,000 miles) from the self-ruled island and that its air force stepped up its alertness. China views the democratic island as a breakaway province that should be reunified with the mainland. According to Taiwan's military news agency, the ministry had detected multiple waves of test-firing operations by China's Rocket Force in Inner Mongolia on Saturday. It did not give details on the tests taken by the force, which takes charge of China's arsenal of missiles. It is not immediately clear whether the tests were related to China's harassment of Taiwan. In recent years, China has ramped up its military activities around the island, which is ruled by the Democratic Progressive Party. In May, Taiwan's newly elected President Lai Ching-te said in his inauguration speech that he wants peace with China and urged it to stop its military threats and .
As the US rate cycle peaks out, having attractive options in emerging markets is fundamental to any pivoting of capital flows
So far in July, the Taiwan's MND has detected Chinese military aircraft 294 times and naval ships 84 times
Lai thanked Mehrotra for showing trust and support for Taiwan in video released by the president's office
Chui-cheng said that China's propaganda and threats were the root cause of the air of uncertainty across the state of Taiwan Strait