Andrew and Bill discuss the Meta-Manus deal and the recent Politburo report on the economy after Q1. The MSS argues that foreign forces are driving the “lying flat” campaign and the U.S. is quietly applying pressure in advance of May’s meeting between President Trump and Xi Jinping.
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Taiwan is committed to working with like-minded countries to protect peace and stability in the Indo-Pacific and around the world. The container shipping volume through the Taiwan Strait exceeds that of the Panama Canal or Suez Canal and its strategic importance is on par with the Strait of Hormuz. Japan’s participation in regional exercises with Indo- Pacific partners is a demonstration of the increased cooperation.
China exported 68 gigawatts of solar panels, cells and wafers in March. The total is equivalent to Spain’s entire installed solar capacity. At least 50 countries recorded all-time highs in their imports of Chinese solar equipment. In Africa, imports jumped 176 per cent month on month, driven by Nigeria, Kenya and Ethiopia.
A late-April meeting of the Chinese Communist Party’s (CCP) top leadership has drawn attention among China watchers. A day before the meeting, Li Xi, a member of the Politburo Standing Committee and head of the Central Commission for Discipline Inspection, met in Beijing with a delegation led by Dmitry Krutoi. Speculation surrounding Li Xi's role has circulated through commentary and social media posts. The communiqué acknowledged that the economy “still faces some difficulties and challenges” and that “the foundation for sustained recovery needs to be further consolidated”
Europe is over-reliant on Chinese green technology. China supplies 98% of Europe's solar panels, 88% of lithium-ion batteries and 61% of imports of inverters. Chinese EV brands are popular across Europe. The report claims it is “very likely” that China used green tech to conduct surveillance.
Vincent Yao, head of the Taipei Representative Office in the U.K., attended a screening of "A Chip Odyssey" April 28 at Parliament in London. He is looking forward to reinforcing technological cooperation between Taiwan and the UK to build a trustworthy international supply chain.
Eight officials in China's Xinjiang region have been placed under investigation since Ma Xingrui's removal. Li Xuan, Party secretary of Xinjiang’s Department of Commerce, is under investigation for “serious violations of discipline and law” Ma's tenure in Xinjiang coincided with the continuation of China's strict “zero-COVID” policies. The developments have renewed focus on the Xinjiang Production and Construction Corps.
Canberra is scrambling to shore up its fuel supplies after Beijing curtailed fuel exports to safeguard its own domestic stock in the midst of the effective closure of the Strait of Hormuz. Both countries reaffirmed their commitment to “uphold multilateralism” during the talks on Wednesday. Penny Wong is on an Asian tour.