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Taiwan to weather Chinese reaction - Taipei Times

Taiwan would emerge unscathed from China’s retaliatory actions to protest US House of Representatives Speaker Nancy Pelosi’s visit to Taipei, top monetary and financial officials said yesterday.
Central bank Governor Yang Chin-long (楊金龍) shrugged off unease over potential instability in the foreign exchange and stock markets after foreign portfolio funds trimmed their holdings of local shares for two straight days amid Beijing’s threats of retaliation.
“There is no need to worry,” Yang said on the sidelines of an event to celebrate the first anniversary of the opening of Central American Bank for Economic Integration’s (CABEI) Taipei office and the 30th anniversary of ....

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New Southbound Policy reflects US Indo-Pacific strategy: Vice premier

Taipei, July 20 (CNA) The New Southbound Policy reflects Washington's Indo-Pacific Strategy and the shared values of Taiwan and its allies in the region, Vice Premier Shen Jong-chin (沈榮津) told a forum in Taipei Wednesday, adding that a recent slew of similar policies introduced by other countries highlights the importance of engaging in exchanges with ASEAN member states. ....

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