Cindy, you're covering this trip. What do we
know about China's agenda in the US? Yes,
hi. Um So Tawa President Tsai, we just
landed in the USA few hours ago and in about
30 minutes or so, um Thai will show up
in her first public event on the US soil.
That's a dinner banquet with the um Taiwanese in New
York and in the US, um President Thai will
give a speech and we are told that there will
be other US politicians joining the event too and give
the speech. But so far her office has,
has keep the names and the details of the US
gets very secretive. And the reason why President Tsai's
office has to be so low key about this trip
is that us and Taiwan don't really have official ties
and this is an unofficial visit of this Taiwanese president
and just hours before she brought on the plane to
the US. China has already warned that um if
Thai will have a meeting with US, House Speaker
Kevin mccarthy, that would be a serious provocation and
China will definitely take measures to respond to that.
Uh So that's something we will keep a close eye
on in the following days during her trip in the
US and then um to the Central America Cindy in
terms of business deals and tangibles. What are both
sides hoping to achieve? Because we know that bringing
the most sophisticated of chip makers from Taiwan to the
US market is going to be key for Biden.
Yes, we know that US. President Joe Biden
wants to attract the most advanced chip makers from Taiwan
to invest in the US such as T S MC
. But the Taiwanese officials and companies have been pushing
hard for an agreement from the US to eliminate the
burden of double taxation just as US did with many
other countries. So one of the biggest issue is
that um US has informally recognized Taiwan as a sovereign
nation. So any kind of treaty that US signed
with Taiwan will further escalate the tension that US and
China already has. So that's going to be a
big issue for the US government to think about how
to attract the Taiwanese chipmaker to invest in the US
while at the same time that further escalate the tension
it already has with China. So the US government
certainly has to come up with some creative ways to
deal with this issue. Um just like um just
like President Tsai's visit to the US this time,
this is also a creative arrangement that President Tsai is
expected to meet with the House Speaker mccarthy on the
US soil. Unlike last year when the then House
Speaker Nancy Pelosi visited Taiwan and that led to a
very strong reaction from China. So any creative arrangement
from the US with the Taiwanese government is going to
reduce the tension with China and also satisfy the companies
and officials needs to eliminate the double taxation issue.
That at the same time, this is so interesting
at the same time that is in the US.
The former Taiwan president is the first former president of
Taiwan to visit China. How do we read this
visit, particularly the significance of it going into the
fact that we know that Beijing has been making these
overtures ahead of the election next year. Exactly,
President Thai's US visit comes at a very critical time
for Taiwan. It's not only because um the US
and China relations at at the worst point in probably
decades. It's also because Taiwan is going to hold
a very crucial presidential election in the coming January.
This election will not only decide the future of Taiwan
, but also could have significant implications to U China
and Taiwan relations going forward. So we would see
that President Tsai is now visiting us, that's her
first overseas trip in over three years. And at
the same time, we see the former Taiwan President
Ma visiting China and also another presidential hopeful that Terry
go fast. Um Technology group's founder is also visiting
the US this week. Um overlapping ties with us
visit. So it's interesting to see whether Terry Guo
would hold any briefing in the following days, addressing
to Thai or addressing to Taiwan. He is obviously
trying to use the US trip to as a bargain
power to uh for the opposition party K M T
to nominate him for the presidential candidate, whether he
would succeed or not, it remains to be seen
. And so that's something worth keeping an eye on
in the following days.