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Chinese loans to Latin America plunge as virus strains ties
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Chinese loans to Latin America plunge as virus strains ties
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Taiwan opens milestone trade office in Guyana
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Story highlights
President Tsai Ing-wen has stridently opposed China s aggressive moves ever since she came to power in 2016.
Taiwan on Thursday opened its trade office in Guyana in a move which is likely to anger China.
Taiwan s foreign ministry said it had signed an agreement with Guyana to open the office which had begun operations on January 15.
Watch: This milestone will benefit both partners and advance security, democratic values and prosperity in the region, Julie Chung, acting assistant secretary of the State Department s Bureau of Western Hemisphere Affairs, said.
The U.S. welcomes the establishment of a Taiwan office in Guyana, which will strengthen their growing relationship.
Story highlights
The announcement drew praise from the United States which has worried about deepening Chinese influence in Latin America.
The Chinese government has said that Taiwan s opening its trade office in Guyana is a mistake they should earnestly take steps to correct their mistake.
Chinese Foreign Ministry spokesman Wang Wenbin said Taiwan is an inseparable part of China. One China principle is a commonly recognized international norm, and a consensus reached by the international community. We hope the relevant parties can abide by the One-China principle, not have any official ties with Taiwan, not set up any official organisations with Taiwan, and earnestly take steps to correct their mistake, eliminating any negative impact. We urge the current leadership of Taiwan s Democratic Progressive Party that any kind of actions to separate Taiwan with foreign forces will be doomed to fail.