China’s ‘growing authoritarianism’ poses a global challenge, Taiwan’s President Lai warns

China’s ‘growing authoritarianism’ poses a global challenge, Taiwan’s President Lai warns


Lai Ching-te, president of Taiwan, on Saturday, Jan. 13, 2024. 

Bloomberg | Bloomberg | Getty Images

Taiwan’s President Lai Ching-te has cautioned that China’s “growing authoritarianism” will not stop with the island, and that it poses a challenge at the “global level.”

Lai was speaking at the annual Ketagalan Forum, a dialogue focusing on security issues in the Indo-Pacific. It was attended by representatives from several countries including the U.S., India, Japan, Australia and Canada.

“We are all fully aware that China’s growing authoritarianism will not stop with Taiwan, nor is Taiwan the only target of China’s economic pressures,” Lai said, adding that this authoritarianism is becoming “more aggressive.”

“It’s now a challenge at the global level,” Lai emphasized, calling for countries to cooperate and curtail China’s efforts. 

His comments come as China has been ramping up military activity in the South China Sea.

“China intends to change the rules-based international order. That is why democratic countries must come together and take concrete action,” the Taiwanese president said.

Last weekend, China’s Ministry of Transport said it carried out a maritime patrol and law enforcement operation in the Taiwan Straits aimed at “enhancing traffic management and emergency rescue capabilities.”

In May, after Lai was sworn in, China’s military conducted two days of drills around Taiwan as an act of “punishment” to the island’s “separatist acts.”

Tensions between China and the Philippines have also been escalating in the Spratly Islands for months. Recently, vessels from the two countries collided near the disputed Sabina Shoal in the South China Sea. 

Following the vessel collision, Beijing’s actions drew condemnation from Philippine allies, with the U.S. reaffirming its mutual defense pact with the Philippines.

“Such actions are intended to intimidate China’s neighbors and undermine regional peace and stability,” said Lai.

China had dismissed the outcome of Taiwan’s elections in January that brought Lai to power, saying the ruling Democratic Progressive Party did not represent the mainstream public.

Beijing maintains that the self-governed island of Taiwan is part of its territory.

China’s foreign ministry did not immediately respond to CNBC’s request for comment.



Source

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens
World

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Bridgewater Associates founder Ray Dalio on Tuesday warned that a bubble could be forming around megacap technology in the U.S. amid the artificial intelligence boom, but said that it may not end until the Federal Reserve reverses its current easy policies. “There’s a lot of bubble stuff going on,” Dalio told CNBC’s Sara Eisen in […]

Read More
Nvidia takes  billion stake in Nokia, sending the 5G equipment maker’s shares up 18%
World

Nvidia takes $1 billion stake in Nokia, sending the 5G equipment maker’s shares up 18%

Visitors at Nokia (Nokia is a Finnish telecom, IT, and electronics company) Pavilion during the India Mobile Congress 2025 exhibition at Yashobhoomi. Pradeep Gaur | SOPA Images | Lightrocket | Getty Images Nokia announced on Tuesday that Nvidia is taking a $1 billion stake in the networking company, the latest partnership for the artificial intelligence […]

Read More
Apple, Microsoft cross  trillion market cap
World

Apple, Microsoft cross $4 trillion market cap

Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Apple and Microsoft shares rose on Tuesday, pushing the companies over a market cap of $4 trillion. Both companies are still behind Nvidia, which is the world’s most valuable company with a market cap of over $4.6 trillion. Microsoft previously hit the $4 trillion […]

Read More