BusinessMirror June 19, 2021

Page 1

ROTARY CLUB OF MANILA JOURNALISM AWARDS

2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year

BusinessMirror

www.businessmirror.com.ph

A broader look at today’s business n

Saturday, June 19, 2021 Vol. 16 No. 248

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

PHILIPPINE STATISTICS AUTHORITY

DATA CHAMPION

P25.00 nationwide | 16 pages | 7 DAYS A WEEK

‘DANGEROUS GAME’ A far-flung Taiwan island risks triggering a US-China clash

AN aerial view of Dongsha Atoll, also known as Pratas Atoll, South China Sea, Taiwan. GALLO IMAGES/ORBITAL HORIZON/COPERNICUS SENTINEL DATA 2021/GETTY IMAGES

By Kari Lindberg & Cindy Wang | Bloomberg News

it claims as its own. Meanwhile, the drumbeat of exercises adds to the domestic political concerns for Taiwanese President Tsai Ingwen, who rejects Beijing’s claims to sovereignty. The campaign has put new strain on Taiwan’s aging air force, which has seen three fatal crashes in the past nine months. The service announced in March that it expected to spend NT$2.1 billion ($76 million) more this year countering PLA operations. China’s warplanes made more incursions into the southern part of Taiwan’s air defense identification zone last year than in the previous five years combined. While

W

HEN 28 Chinese warplanes streaked through the skies around Taiwan on Tuesday—the largest such incursion this year—they followed a pattern that has generated alarm among US and Taiwanese military planners.

Some of the People’s Liberation Army (PLA) planes, including bombers, fighter jets and surveillance and reconnaissance aircraft, flew east from the Chinese coast around the southern tip of Taiwan. The rest broke off and briefly darted further south toward tiny Pratas Island in the South China Sea before turning back. The PLA has flown close to the atoll—uninhabited except for a garrison of Taiwanese marines and

coast guard officers—once a week on average since September 16, when the Taiwanese Defense Ministry began releasing detailed data. If all incursions into Taiwan’s air-defenseidentification zone between Pratas and the Chinese mainland are included, the patrols have become an almost daily occurrence. The exercises signal Beijing’s displeasure with the democratically elected government in Taipei and its successful effort to court great-

PESO EXCHANGE RATES n US 48.3680

er US support, as seen by a mention in the Group of Seven communiqué this week. In response to China’s moves, President Joe Biden’s administration has stepped up surveillance flights near Pratas, raising the risk of a confrontation or clash between two of the world’s most powerful militaries. The Chinese focus on Pratas serves several aims of President Xi Jinping, highlighting Taiwan’s vulnerability to attack while probing its defenses. The strategy also tests the limits of Washington’s security commitment, and whether it’s willing to go to war to defend largely vacant reefs hundreds of miles from the nearest American base. The aerial campaign demonstrates that Beijing has options for striking a blow against Taipei that fall well short of a dangerous inva-

Beijing has blamed the exercises on Tsai’s refusal to accept that both sides belong to “one China,” the increase has tracked with US efforts to step up arm sales and diplomatic exchanges with Taiwan. Tuesday’s operation came after the G-7 called for a “peaceful resolution” of the dispute in a statement more critical of China than past communiqués. “We urge the relevant countries to observe their promise to China and handle the Taiwan question properly and stop sending wrongful signals to Taiwan separatist forces,” Taiwan Affairs Office spokesman Ma Xiaoguang told reporters Wednesday in Beijing. Continued on A2

sion across the 130-kilometer Taiwan Strait, which is becoming a more urgent concern for American military planners. Taking Pratas Island—located closer to Hong Kong than Taiwan—could give China a new launching ground for future military operations without provoking a full-scale conflict with the US. “There is now a serious possibility that China seeks to occupy one of the outer islands,” Ben Schreer, who studies Taiwan’s defense policy and heads Macquarie University’s department of security studies and criminology in Sydney. “If that happens, what is the international community going to do? What is the US going to do?” Even if Xi has no immediate plans to seize any land, regular incursions help establish China’s long-term presence in territory

n JAPAN 0.4387 n UK 67.3670 n HK 6.2292 n CHINA 7.5001 n SINGAPORE 36.0363 n AUSTRALIA 36.5227 n EU 57.6015 n SAUDI ARABIA 12.8978

Source: BSP (June 18, 2021)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.