Finance and Security – Taiwan Security News

Taiwan alerts its citizens about the potential risk of extradition for failing to repay loans if they use a Chinese ID card.

editor1 month ago03 mins

Richard Sanders, Staff Writer A Taiwanese security official has cautioned citizens that they could be extradited to China if they do not repay loans obtained in China with a Chinese ID card, according to a report by Taipei Times on Thursday. This alert follows the release of a YouTube video by Taiwanese rapper Chen Po-yuan…

China could devalue yuan to spite Trump – JP Morgan

editor2 months ago2 months ago03 mins

by Martin Haffner, Associate Editor An anticipated shift in trade policy during Donald Trump’s second term as US president, including a drastic hike in tariffs on Chinese products, could see the yuan depreciate by up to 15%, according to JPMorgan Chase, as cited by Bloomberg. In a note dubbed “Bracing for a storm” seen by the outlet,…