Home » Taiwan Ambassador: China a Threat, but Island Still Open for Business
Business China Economy Featured News Taiwan

Taiwan Ambassador: China a Threat, but Island Still Open for Business

Taiwan’s democracy is confronting both military and “gray zone” information warfare threats from China and is adopting asymmetric weapons to defend itself, the country’s unofficial ambassador to the United States said in an interview.

Hsiao Bi-khim, Taipei’s official representative in Washington, also took issue with claims by U.S. investor Warren Buffett that China’s threats to the island democracy mean Taiwan is becoming an increasingly risky location to do business.

“Taiwan will continue to be one of the safest and most reliable places for business in the world,” Ms. Hsiao said in an interview Tuesday with The Washington Times at the 18-acre Twin Oaks estate in Northwest Washington, which once was used as an official Taiwanese residence.

“We have developed our technology, our prosperity in a way that we will remain an indispensable and irreplaceable component of global prosperity,” she said. “We are committed to maintaining the status quo, we are committed to prevent any disruptions of peace and stability in the region.”

Mr. Buffett, chairman and CEO of Berkshire Hathaway, told company shareholders recently that geopolitical tensions over Taiwan were a factor in his company’s divestment from 86% of its more than $4 billion investment in the Taiwanese chipmaker TSMC, an acknowledged world leader in one of the technology economy’s most critical fields.

Source: washingtontimes

Translate