Taiwan

• The People's Liberation Army conducted live-fire exercises in the Taiwan Strait on April 17, with Chinese warships and fighter jets operating within 50 nautical miles of Taiwan's territorial waters—a proximity not seen since 2020. • Taiwan's defense ministry scrambled fighter jets in response and confirmed the U.S. Navy carrier USS Ronald Reagan transited the strait early on April 18, marking the second transit in four weeks. • U.S. Indo-Pacific Command stated the transit "demonstrates the United States' commitment to freedom of navigation and a rules-based international order," prompting a sharp rebuke from Beijing's Foreign Ministry.

• The Chinese People's Liberation Army launched live-fire drills near Taiwan on April 11, involving naval vessels and fighter jets in what Beijing characterized as routine training exercises. • In response, the United States Navy deployed the USS Ronald Reagan carrier strike group to the Taiwan Strait, with the Department of Defense stating the move was intended to ensure freedom of navigation. • Regional tensions remain high amid concerns over military miscalculation, with Taiwan's defense ministry reporting detection of over 20 Chinese military aircraft in surrounding airspace.

• Taiwan's opposition leader has met with China's President Xi Jinping in what observers describe as a significant diplomatic engagement focused on reducing cross-strait tensions. • Both the Taiwanese delegation and Chinese leadership have publicly called for peaceful resolution of their longstanding disputes, signaling potential openness to dialogue amid broader global geopolitical instability. • The meeting occurs within the context of increased international focus on regional stability, with major powers seeking to prevent additional conflicts from erupting during the ongoing US-Iran crisis.

Cheng Li-wun’s visit to Beijing has sparked controversy in Taiwan, with critics accusing her of being too close to ChinaIn a rare meeting with Taiwan’s opposition leader, China’s president, Xi Jinping, declared that people on both sides of the Taiwan Strait were Chinese and wanted peace.The meeting in Beijing between Xi and Cheng Li-wun, the chair of Taiwan’s Kuomintang (KMT), is the first such contact in a decade. The visit has sparked controversy in Taiwan, with Cheng’s critics accusing her of being too close to China, a country that many in Taiwan see as a threat. Continue reading...

• The US Navy sent two Arleigh Burke-class destroyers through the Taiwan Strait on April 8, 2026, in a freedom of navigation operation challenging Chinese claims. • Beijing scrambled 20 fighter jets in response, with state media labeling it 'provocation'; no collisions reported. • This escalation underscores US commitment to Taiwan's defense, critical for semiconductor supply chains worth $500 billion annually.

• The US Treasury Department announced sanctions on April 4, 2026, targeting 12 Chinese companies accused of supplying missile components to Taiwan's military in violation of export controls. • Sanctions freeze $2.1 billion in US-based assets and ban future transactions, following intelligence reports of shipments totaling 500 tons of avionics parts since January. • The move heightens US-China tensions, with Beijing calling it 'economic blackmail' that threatens South China Sea stability and global semiconductor supply chains.

• Technology stocks surged on March 16 as inflation fears subsided, with the SPDR Select Sector Technology ETF rising nearly 2%, though it remains down year-to-date amid ongoing doubts about AI boom sustainability. • Micron Technology shares rallied after announcing plans to build a second manufacturing site in Taiwan to produce high-demand AI memory products, while Nebius signed a five-year, $27 billion deal with Meta to supply AI infrastructure capacity. • Cybersecurity experts warn that data breaches and hacking tactics have become weapons of war alongside traditional military hardware, raising risks for civilian companies caught in cross-fire.