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Tycoon Donates $100 million for Taiwan’s Defense

After the departure of U.S. House Speaker Nancy Pelosi, the Chinese government started live-fire military exercises against Taiwan. Robert Tsao, founder and honorary chairman of United Microelectronics Corporation (UMC), a major Taiwanese semiconductor company, announced on August 5 that he will donate $100 million to assist Taiwan in its national defense.

On the second day after the Chinese military fired off 11 missiles, Tsao held a press conference to criticize the Chinese Communist Party (CCP) for its reckless behavior. “Today I am announcing a donation of NT$3 billion (about US$100 million) to help strengthen our national defense. I hope to awaken the people of Taiwan not to  be greedy for money or afraid of death, and to rise up and fight to defend freedom, democracy and human rights.”

“Some people in Taiwan have an ostrich mentality, thinking that if they bury their heads in the sand and don’t mess with them, the other side won’t make a move. Others are capitulationists, who think, “Since I can’t win anyway, I might as well surrender and survive.” Tsao added, “The worst are those in favor of reunification, thinking they can realize the xenophobic so-called China dream,”

As for those people in Taiwan who are still unwilling to “resist China and defend Taiwan,” Robert Tsao said that these people, perhaps because of ignorance, timidity, cowardice, or being bought, are unwilling to see or admit that the Chinese Communist Party is essentially a group of gangsters. “The People’s Republic of China is a triad organization masquerading as a national state. A normal civilized country promotes the rule of law, democracy, and freedom, but a fakery state like the Chinese regime worships totalitarianism, deception, hatred, and violence.”

UMC established an 8-inch wafer fab in Suzhou, China, through its subsidiary back in 2001. Tsao lamented, “If we could have done it all over again, I wish we hadn’t gone to China to help set up the fab.”

Tsao proposed that the $100 million be used to fund individuals and groups to promote national defense education and boost public morale. The money will fund research and publications to counter the CCP’s cognitive warfare against Taiwan, handle activities related to the CCP’s deterrence and infiltration of Taiwan, develop or trace sources, counter the dissemination of controversial messages by hostile forces outside Taiwan; and develop countermeasures against the CCP’s cyberattack and hacking activities against Taiwan.

Source: Radio Free Asia, August 5, 2022

CNA: Taiwan Society Remained Calm Despite the CCP’s Military Threats

Primary Taiwanese news agency Central News Agency (CNA) recently reported that, Beijing announced military exercises around Taiwan from August 4 to 7 in response to the House of Representatives Speaker Nancy Pelosi’s visit from the U.S. Foreign media stationed in Taiwan observed that the Taiwanese society was calm as usual and could not feel the tense atmosphere. On the afternoon of the 4th of August, the Chinese Communist Party launched 11 Dongfeng series ballistic missiles in fractional waves towards the waters surrounding the northern, southern and eastern parts of Taiwan. The Japanese Defense Ministry presumed that four of the missiles flew over Taiwan based on five of the missiles falling into the waters of Japan’s exclusive economic zone. Taiwan’s Ministry of National Defense pointed out that it was necessary to  grasp the launch dynamics immediately, activate relevant defense systems and strengthen combat readiness. A report from the Associated Press from Keelung pointed out that, despite the large-scale military exercises by the Communist army, the atmosphere in Taiwan society remained calm. A BBC reporter said that most of the people he interviewed did not believe that the Communist army was going to attack Taiwan this time. Another fisherman said, “They are just a group of bandits. These Communists only talk big and can’t do anything. We have been listening to their threats for 70 years.”

Source: CNA, August 5, 2022

UDN: Biden to Host Pacific Islands Leaders’ Summit at the White House

United Daily News (UDN), one of the primary Taiwanese news groups, recently reported that U.S. Deputy Secretary of State Wendy Sherman said that President Biden will host a summit of Pacific Islands leaders at the White House in September. Facing China’s growing influence, the U.S. looks to strengthen regional ties. The United States is making frequent diplomatic tours in the Pacific, seeking allies to confront an increasingly assertive China. Washington previously also announced plans to open new embassies in the Pacific. US Secretary of State Antony Blinken visited Fiji in February this year, and U.S. Vice President Kamala Harris recently delivered a landmark video speech to the Pacific Islands Forum. Sherman visited the Solomon Islands for a series of commemorations marking the 80th anniversary of the Battle of Guadalcanal in World War II. After China signed a secret security agreement with the Solomon Islands in April this year, Western allies were alerted. The deal, which would allow China to establish military strongholds in the South Pacific, was the focus the U.S.’ concerns.

Source: UDN, August 6, 2022

China Times: UK to Build the Second Largest Rare Earth Refinery Outside China

Major Taiwanese news network China Times recently reported that, the British government stressed the importance of securing the supply chain for rare earth minerals, and is committed to diversifying the supply chain moving it away from market dominators like China. The UK unveiled a new key minerals strategy, and will begin construction of a rare earths refining facility in northern England. Rare-earth elements are used to make magnets to start electric car engines, power windows, and to operate offshore wind turbines and other high-tech devices. China currently accounts for 98 percent of the global supply. Europe and the U.S. have stepped up their efforts to reduce their reliance on China and create safe and independent supply chains for these critical minerals, so as to avoid a repeat of the supply chain crisis. The UK says the Pensana facility will be the second-largest refinery of magnet feedstock outside of China and is expected to begin operations by the end of 2023. The £145 million (approximately US$175 million) facility in Saltend, East Yorkshire, is supported by the government’s Automotive Transformation Fund and is expected to create 126 jobs. With the new strategy, Britain said it would further develop and build the skills base of its local workforce, while supporting domestic production and working with like-minded allies to diversify supply chains.

Source: China Times, July 22, 2022

Kenya Presidential Candidates Criticize Chinese Communist Party

The Kenya Presidential election will be held on August 9. The two leading candidates took positions to oppose Beijing’s expansion in Africa. China has invested in some major infrastructure projects in Kenya, including the high-speed rail, a highway, and others. The current Kenya’s President Uhuru Kenyatta) adopted a pro-China policy, which trapped Kenya into owing China several billion dollars.

Source: VOA, July 29, 2022

Chinese Government Organized Boycotts against Western Companies

Research by the Swedish National China Center found that, in the 13 years between 2008 and 2021, Chinese consumers initiated 90 boycott actions against foreign companies. Actually, the communist party is behind or is even directly organizing these boycotts. The foreign companies thus have become the victims of the communist party’s political game.

The “organized” consumer boycotts mainly target companies in North America, Europe, and Northeast Asia. American companies have been boycotted 27 times, Japanese and French companies each 11 times, German companies 8 times, and Korean companies 6 times.

For example, Beijing directly organized a boycott of Korean companies to punish South Korea for its plan to install the THAAD missile defense system. The communist regime also started the first shot, which Chinese consumers followed, on Marriott since Marriott did a survey listing Tibet, Taiwan, Hong Kong, and Macao as parallel options to China. Beijing also directly started a campaign against “foreign companies attempting to split China.” It first asked foreign airlines to mark Taiwan as belonging to China and later spread the boycott wave to international fashion brands such as Coach, Versace, and Givenchy. Chinese consumers were stirred up and stopped buying these companies’ products.

Source: Epoch Times, July 24, 2022

Communist China Created a Party School to Train African Leaders

In Early June,at the Julius Nyerere Leadership Centre in Tanzania. Beijing hosted a training of 120 officials who are the backbone of the ruling parties of six Southern African countries. The six countries include Tanzania Ny, South Africa, Mozambique, Angola, Zimbabwe, and Namibia.

These six countries founded the Julius Nyerere Leadership Centre, with the Chinese Communist Party’s (CCP’s) Foreign Liaison Department providing a grant of US $40 million.

Source: Epoch Times, July 3, 2022

HKET: Hong Kong Ranked Second Worst among World’s Best Cities

Hong Kong Economic Times (HKET), the leading financial daily in Hong Kong, recently reported that the British magazine Time Out just released its annual survey showing the results of ranking the 53 best cities in the world. This year the survey results show that the UK’s Edinburgh was selected as the best city in the world. Mumbai, India, was ranked 14th and became the top city in Asia. Hong Kong was second to the bottom, only ahead of Doha, Qatar. With the easing of the Covid pandemic, the Time Out magazine surveyed about 20,000 residents around the world. Then it integrated Internet editorial evaluations to deliver the annual Time Out Index results. This year’s survey focuses on assessing urban tourism and living advantages. It also includes the consideration of traffic and personal safety factors. Hong Kong now ranks at 52nd, far below Taipei’s 16th and Tokyo’s 24th. It lost to Bangkok by one. Hong Kong’s new ranking is a free fall from its previous spot of 20th.

(1) HKET, July 12, 2022

(2) Time Out (HK), July 12, 2022