By William Pesek Xi Jinping has plenty to worry about: coronavirus, housing crash, inflation, Pelosi. But the Chinese president’s biggest problem… comes from Tokyo. Something strange is happening with Chinese banks: one financial institution lends to another. Last Friday, transactions in the one-day Repos (repurchase agreements) market reached record levels exceeding $900 billion. That’s how […]
Tag: Nancy Pelosi
Nancy Pelosi: China can’t stop foreign leaders from traveling to Taiwan
China cannot block foreign leaders who want to travel to Taiwan, US House Speaker Nancy Pelosi said today after concluding her visit to the self-ruled island. “Unfortunately, Taiwan has been prevented from participating in global meetings, most recently at the World Health Organization, due to the objections of the Chinese Communist Party,” Pelosi said, adding: […]
Pelosi departed from Taiwan
US House Speaker Nancy Pelosi departed Taiwan today after a historic and controversial visit to which Beijing responded with threats and announcements of military exercises. Pelosi, 82, greeted officials on the runway at Songshan Airport in Taipei before boarding a US military aircraft that took off at 6:00 p.m. local time (12:00 Greek time), according […]
Pelosi’s visit to Taiwan upends everything in Sino-American relations
Of Costa Rapti The visit of US House of Representatives Speaker Nancy Pelosi to Taiwan is a humiliation for China, especially since its leadership had chosen to raise the tone in advance, with resounding warnings to the US side that the Chinese military ( which celebrated the anniversary of its foundation the day before) “will […]
Lavrov: Pelosi’s visit to Taiwan is an attempt by Washington to irritate Beijing
The visit of the speaker of the US House of Representatives, Nancy Pelosi, is a deliberate attempt by Washington to irritate China, Russian Foreign Minister Sergei Lavrov said today. “I find no other reason for them to cause such a disturbance almost out of nowhere knowing full well what this means for the People’s Republic […]
China sanctions Taiwan after Pelosi arrives
Beijing will impose sanctions on two institutions from Taiwan, banning their financial cooperation with mainland Chinese companies and individuals, Ma Xiaoguang, a spokesman for China’s Taiwan Affairs Office, said on Tuesday. These are the Taiwan Foundation for Democracy and the Taiwan International Cooperation and Development Fund, Ma said. At the same time, the Ministry of […]
US wants Taiwan to have freedom in safety, Pelosi says
The United States wants Taiwan to always have freedom in safety and will not back down from that position, House Speaker Nancy Pelosi said today during her visit to Taipei that has been heavily criticized by China. While we respect the “One China” policy, our solidarity with Taiwan is more important than ever, Pelosi said […]
China: State Department summons US ambassador to explain Pelosi’s visit to Taiwan
China’s Vice Foreign Minister Xie Feng urgently summoned US Ambassador Nicholas Burns late Tuesday night, demanding an explanation for US House Speaker Nancy Pelosi’s visit to Taiwan, which has drawn Beijing’s sharp reaction. Underscoring that Pelosi is deliberately provoking and “playing with fire”, Xie Feng said the visit is a serious violation of the “one […]
Taiwan President: ‘We will not back down despite China’s threats’, he said in the presence of Pelosi
Taiwan “will not back down” from the threat of Chinese weapons, the island’s President Tsai Ing-wen said today, as Beijing announced a series of live-fire military training courses on its outskirts amid the president’s visit of the US House of Representatives, Democrat Nancy Pelosi. “Despite deliberately increased military threats, Taiwan will not back down. We […]
The long history of the Pelosi-Beijing feud
It is not the first time that Nancy Pelosi has provoked a strong reaction from Beijing. Her visit to Taiwan today, defying warnings from the Chinese government, adds to a long list of past controversies as she has at times strongly criticized China’s policies. The trip of the 82-year-old speaker of the US House of […]
