Cadence Column: Asia, March 8, 2021

Cadence

Military budgets—that’s the talk of the Taiwan Strait. China wants its budget to grow so it can play with the big kids by 2035. China’s apparently not ready to play with the big kids, at least since India just ate China’s lunch. So, with China trying to bulk up even more, people are asking what the heck is going on with Taiwan.

Israel spends 5% GDP on asymmetric defense; Taiwan only spends 3%. So-called “experts” want Taiwan to spend more. The US wants Taiwan to spend more. Apparently even the newspapers want Taiwan to spend more because military budget is the talk of the week.

It was a strange week, though. So many things have gone peaceful in the East Pacific. China and India are suddenly getting along. Taiwan and China talk more about the need to talk. Threats and vibrato from Beijing haven’t stopped, of course. But, things are getting a bit quiet, and it seems somewhat eerie.

Trade & Tech

TSMC Rumored To Build $35 Billion 5nm Plant In The U.S. With 100k/month Wafer Output // Wccftech

China

At Least 30,000 U.S. Organizations Newly Hacked Via Holes in Microsoft’s Email Software // Krebs on Security

Rights groups target sponsors like Airbnb for Beijing Games // AP

Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny // Fox Business

An Open Letter to the Fashion and Home-Furnishing Industries // EndUyghurForcedLabour.org

Winter Olympics 2022: Mikaela Shiffrin doesn’t want to have to choose between ‘morality versus being able to do your job’ // CNN

Beijing 2022: China hits back at Canada over calls to move Winter Olympics // SCMP

Taiwan

Experts urge government to increase defense spending // Taipei Times

US encourages Taiwan to invest in defense: official // Taipei Times

China bolsters defense, while saying it would deter Taiwan ‘separatist activity’ // Taipei Times

US reaffirms Taiwan support in report // Taipei Times

Taipei adopts 6 approaches to promoting English education // Taiwan News

Military Faceoff

The Air Force Says Its First Hypersonic Missile Will Make Its Inaugural Flight Within 30 Days // The Drive

Source: Pacific Daily Times


Categories: Cadence Column

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