Taiwan, Lai sworn in as new president. Beijing blocks his title on Chinese social media | EUROtoday

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The new president of Taiwan, Lai Ching-te (William Lai), was sworn in, in a ceremony attended by dozens of international delegations, in line with photographs from an official video pool. Lai was sworn in on the presidential palace in Taipei, as was the brand new vp Hsiao Bi-khim.

Lai succeeds Tsai Ing-wen, whose eight years in energy noticed a worsening of relations with Beijing attributable to its refusal to acknowledge the “1992 Consensus” and “the One China principle”. The ceremony was held within the Japanese colonial-era Presidential Office constructing. Lai and Hsiao, a former de facto ambassador to the United States, must take care of rising Chinese army stress and a hostile parliament. The new president of Taiwan will quickly give his inaugural speech.

China sanctions three US firms for promoting weapons to Taiwan

On the day of William Lai's inauguration ceremony as the brand new president of Taipei, China introduced that it had sanctioned three US protection firms for his or her sale of weapons to Taiwan. American corporations General Atomics Aeronautical Systems, General Dynamics Land Systems and Boeing Defense, Space & Security are “banned from carrying out import and export business” in China, amongst different sanctions, state media in Beijing reported, citing the Ministry of Commerce .

Lai: «Taiwan and China work in direction of peace and stability»

Taiwan and China ought to work collectively “for peace and stability” within the Taiwan Strait: this is among the passages within the inaugural speech of the brand new president William Lai. “The people of Taiwan and the People's Republic are not subordinate to each other,” Lai added, calling on China to cease “politically threatening” the island. As Lai spoke, over the skies of Taipei, a bunch of three helicopters have been busy carrying an enormous Taiwanese flag.

Lai: «If China doesn’t resign using pressure, the threats stay»

“As long as China refuses to renounce the use of force against Taiwan, all of us in Taiwan should accept the existence of China's threats to annex Taiwan that will not simply disappear,” mentioned new President William Lai in his inauguration speech, calling on Beijing to stop its aggressive actions. “Mutual benefits and prosperous coexistence should be common goals. I hope China faces the reality of the existence of the Republic of China,” Lai added, pausing for lengthy applause.