Taiwan President Tsai Ing-wen will pledge to strengthen the island’s economy and deepen ties with democratic allies in a National Day speech on Monday, amid the risk of a global recession and…
Sarah Zheng and Cindy Wang | Bloomberg
Tsai will say that building resilience requires a strong economy, and will propose policies to contain inflation, stabilize financial markets, ensure the security of key infrastructure, and the net-zero transition, according to an outline of her National Day speech. Taiwan has signaled it’s taking the potential threat from Beijing more seriously after unprecedented military drills that followed U.S. House Speaker Nancy Pelosi’s August trip to the island. China has sent warplanes and military vessels near Taiwan on an almost daily basis since the controversial visit, which it said violated Beijing’s territorial claims over the self-governing democracy.
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