What's happened
Days before the inauguration of Taiwan's independence-leaning president William Lai, China unveils a multi-million dollar plan for Fujian province near Taiwan. The US sends an unofficial delegation to the inauguration, upsetting China. Additionally, the US proposes a 'Taiwan Allies Fund' to support countries strengthening ties with Taiwan. Meanwhile, the Philippines, US, Japan, and Australia deepen military cooperation amid China's regional assertiveness.
Why it matters
The events surrounding Taiwan's presidential inauguration, China's economic plans near Taiwan, and the US's support for Taiwan through the 'Taiwan Allies Fund' are crucial in the context of escalating tensions across the Taiwan Strait. The deepening military cooperation between the Philippines, US, Japan, and Australia signifies a united front against China's regional assertiveness.
What the papers say
According to the South China Morning Post, China unveiled a multi-million dollar plan for Fujian province near Taiwan, while the US proposed the 'Taiwan Allies Fund' to support countries strengthening ties with Taiwan. The Independent reported on the US sending an unofficial delegation to Taiwan's presidential inauguration. The Japan Times covered the deepening military cooperation between the Philippines, US, Japan, and Australia amid concerns about China's operations in the South China Sea.
How we got here
Tensions between China and Taiwan have been ongoing due to Beijing's claims of sovereignty over the island. The US has historically supported Taiwan, much to China's displeasure. The South China Sea has been a hotspot for territorial disputes, with China's growing assertiveness causing concern among neighboring countries like the Philippines, Japan, and Australia.
Common question
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