Capital of Taiwan; a special municipality in Northern Taiwan
China has intensified coast guard and maritime activity near Taiwan, a move prompting Western embassies in Taipei to warn of threats to regional stability and freedom of navigation. Taiwan is conducting five-day drills to test readiness amid growing grey-zone pressure.
Paraguay's president Santiago Peña has visited Taiwan and has reaffirmed diplomatic support, signing cooperation agreements and praising shared democratic values. China has urged Paraguay to sever ties, saying most Paraguayans favour establishing relations with Beijing, and has criticised Paraguayan officials who visit Taipei.
Taiwan’s President Lai Ching-te says he has arrived in Eswatini, Taiwan’s only diplomatic ally in Africa, despite flight challenges reportedly due to Chinese pressure
Nvidia CEO Jensen Huang has joined President Trumps delegation to China and has been pictured in Beijing; the trip has been focusing on trade, AI export controls and Iran. China has not approved any purchases of Nvidias H200 chips and is continuing to push domestic chip development while U.S. export controls remain in place.
Taiwan has monitored and responded to Chinese military activity around the island, following a Beijing summit between Xi and Trump. The United States has signalled continued support for Taiwan’s defence under the Taiwan Relations Act, while Taipei cautions against independence. Washington is weighing a new arms package as relations with China remain tense.
Marvell Technology joins the S&P 500 on June 22, highlighting the growing role of semiconductors in the market, while Flex will also join; Pool Corp and The Campbell’s Company will be removed. Nvidia-linked optimism and a surge in Marvell’s stock follow the broader AI and data infrastructure boom.
Alibaba has filed a federal lawsuit in California arguing the Pentagon’s 1260H designation labeling it a Chinese military supporter is unlawful and based on insufficient evidence. The suit follows separate DoD additions of other Chinese firms and tighter rules that curb contracting and lobbying.