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2018-08-13
President Tsai attends dinner banquet with Taiwanese expatriates in Los Angeles

President Tsai Ing-wen attended a banquet for expatriates in Los Angeles on the evening of August 12 local time (morning of August 13, Taipei time). She explained the government's commitment and achievements in strengthening Taiwan over the past few years by enhancing democracy, achieving justice and fairness, and creating an innovative economy. The president emphasized that every Taiwanese-American should be part of our efforts to strengthen Taiwan, and expressed hope that everyone will unite and give their all, because that's the only way Taiwan can forge its own path.

A transcript of the president's English remarks follows:

It's great to be here knowing that we have finally found a ballroom like this capable of holding so many of our friends from across Los Angeles. In fact, I think this is one of the largest banquets we have held in the United States, and I'm very pleased it could be right here in Los Angeles.

Before I begin, I want to recognize some of our special friends here with us tonight.

First is someone who needs no introduction. He's so popular in his constituency and the Taiwanese-American community that we have long considered him to be half Taiwanese. Of course, the fact that he loves to eat xiaolongbao (steamed pork dumplings) makes this even more convincing. I'm talking about Chairman Ed Royce (Chairman of the US House Committee on Foreign Affairs).

As I was saying to him a bit earlier, I had the opportunity to meet his wife Marie in Taipei in June. And you cannot find a couple that is more supportive of the Taiwan-US relationship and all the values we cherish. Thank you!

I also want to acknowledge Congressman Brad Sherman, who has always so warmly welcomed me to Los Angeles. I'm happy he still came, even though we are outside the 30th district (Congressman Sherman's district) this time. But Brad has long been more than a friend. If you take a look at his record, you will see the tremendous things he has done for Taiwan and our bilateral relationship. So, thank you, Brad.

Also with us tonight is [Congresswoman] Judy Chu, sitting next to me, a longtime member of the Congressional Taiwan Caucus. I had the pleasure of meeting her when I was running for the presidency in 2015 and again as president in 2016. I know she is a fixture in the Taiwanese-American community. And I would be remiss if I did not acknowledge her at this time here in Los Angeles. Thank you, Judy.

I also want to acknowledge all the dignitaries who are with us tonight. Of course, we also have a special guest. I don't really know whether you are a guest or not. You are always one of us. It's Chairman James Moriarty [Chairman of the American Institute in Taiwan (AIT)]. We're sorry he had to come all the way from Hawaii to Los Angeles this time to join us. But you can tell by his remarks the enthusiasm he feels for Taiwan. Under his leadership at AIT, our bilateral relationship has grown tremendously and we're happy he's here today with us.

Since my last visit to Los Angeles, a lot has happened in our relationship with the US. We have seen the approval of the first major arms sale by the Trump administration. Important legislation, including the Taiwan Travel Act, has passed thanks to our friends in Congress. And in June, we witnessed the opening of the new AIT compound in Taipei, a concrete symbol of the US commitment to Taiwan.

On trade, we have engaged in more substantive cooperation in areas from the New Southbound Policy to the digital economy. And in promoting people-to-people ties, we welcomed the expansion of the Global Entry program to include Taiwan earlier this year, which will make it easier for many Taiwanese to come visit the US.

These developments show that despite the unprecedented challenges we face from across the Strait to our freedom, democracy, and way of life, our relationship with the United States has never been stronger. This gives us confidence in our values and beliefs. And they show that in a community of like-minded nations, the people of Taiwan do not stand alone.

After all, the depth of our friendship with the US has always been reflected by the power of our values and resolve of our convictions. The freedom of speech, assembly, and the ability to select new governments through the ballot box, rather than force, is what brings our countries together, and what sets us apart from others.

I want to thank all of our friends from Congress, the Executive Branch, and AIT, as well as the Taiwanese-American community as a whole, for your continued support of Taiwan. Thank you. And I will now continue my remarks in Mandarin, and also in Taiwanese.

Following are translations of the portions of President Tsai's speech delivered in Mandarin and Taiwanese:

President Tsai mentioned that earlier, she received some sad news about a fire that broke out that morning at the Taipei Hospital under the Ministry of Health and Welfare in New Taipei City. Although there was an emergency evacuation, she said, some patients unfortunately died in the blaze, which is quite regrettable. The president expressed her condolences to the families of the deceased, and said she hopes the injured will recover soon. She said that although she was in transit, she heard the news very quickly, and already instructed the responding agencies to extinguish the fire and rescue the victims as quickly as possible.

The president stated that this marked her second visit to Los Angeles since she became president. The reception was just as warm and cheerful as the gathering two years ago, she said, but in a bigger venue with more people. She heard that many Taiwanese expatriates drove for many hours just for this event to cheer us on, and support the reforms the government has implemented over the past two years. The president then said the delegation could really feel the expats' approval and affection, for which she thanked them.

President Tsai then recalled her visit to Los Angeles in 2015 when she was running for office. She thanked everyone for their support, from the presidential campaign through winning the election, and including the government's current reform efforts. We remain committed to reforms, she said, but also acknowledged there were many challenges over the past two years. Throughout that process, she was grateful that so many people were rooting for the government.

The president then mentioned several previous banquets with Taiwanese expatriates in Los Angeles. When she attended the banquet in 2015, she said, she promised that if she became president, she would work for a stronger, more prominent Taiwan. In 2016, when she was in Los Angeles again soon after her inauguration, she told everyone that while reforms wouldn't happen overnight, she would lead Taiwan steadily forward, step by step. Now she was back in Los Angeles, and wanted to tell everyone about her administration's achievements over the past two years. "We're working really hard to fulfill our commitments," she said.

First, she said, in terms of enhancing democracy, Taiwan's democracy has continued to make progress over the past few years. After the Democratic Progressive Party won a majority in the Legislative Yuan in 2016, we initiated reforms to make the legislature more transparent. One of our most significant achievements was setting up a live-broadcast channel so that the public, including Taiwanese abroad, can watch Legislative Yuan proceedings in real time. 

Last year, the president mentioned, the government amended the Referendum Act, removing past restrictions and returning the right to hold referendums to the people of Taiwan. We also established the Transitional Justice Commission earlier this year. Like South Africa, Germany, South Korea, and many other democratic nations, Taiwan is pursuing transitional justice, she said.

President Tsai said that we also recently saw the formal opening of Taiwan's National Human Rights Museum. The museum sites, where political prisoners were sentenced and imprisoned during the authoritarian era, have now become venues for human rights education. The president especially encouraged second- and third-generation Taiwanese-Americans in the audience to visit the museum. On their next trip to Taiwan, by walking through the two parks that are part of the museum, one on Green Island and one in Jingmei in New Taipei City, the president said they will gain an even deeper appreciation of Taiwan's democratic development.

President Tsai continued by saying that to strengthen Taiwan, the second task is achieving a more just and fair society. Three years ago, she had stressed to the Los Angeles expatriates that when the current administration took office, it would implement a fairer taxation system. So the government introduced reforms that reduce the tax burden on low and medium-income groups and wage earners.

The president said she told the public that she wanted to make it possible for young people to buy a house and live in urban areas, so her administration has been actively building social housing. Currently, she said, 22,000 units have been built or are under construction, and by 2020, the number of social housing units completed or under construction will reach 47,000.

Three years ago, President Tsai stated, she also pledged to establish a universal, affordable long-term care system, and our Long-term Care 2.0 Plan has been launched. Taiwan's grassroots communities are gradually setting up long-term healthcare systems, so the government will care for more and more people with diminished mental and physical abilities. The president believes that if we continue to promote the long-term care system alongside the National Health Insurance program, that system will make Taiwanese feel secure and proud.  

President Tsai emphasized that enhancing democracy, creating a more just and fair society, developing a caring society, and setting up a comprehensive care system will help Taiwanese feel that their country is fair and supportive. At the same time, she said, the economy is an important focus of our reforms.

The president pointed out that over the past two years, we have expanded links with the ASEAN, South Asia, Australia, and New Zealand through our New Southbound Policy. Taiwan's exchanges with New Southbound countries in tourism, trade, industrial cooperation, and education are also progressing. Instead of being overly dependent on a single market, we are diversifying our international engagement.

President Tsai specially mentioned that flight routes between Taiwan and the US West Coast have also become more important over the past few years. Because innovative West Coast firms like Microsoft, Cisco, Google, and Amazon, have all set up or expanded their R&D centers in Taiwan, specializing in forward-looking fields like AI, the Internet of Things, and cloud computing.

Many Taiwanese-Americans have played a pivotal role behind the scenes in these investments, the president said. And our Asia Silicon Valley initiative has set up offices in Taoyuan in northern Taiwan and Silicon Valley in California, linking Taiwanese and global innovation communities, also with help from Taiwanese-Americans.

President Tsai then said that not long before she arrived in Los Angeles, Taiwan's Deputy Minister of Economic Affairs Kung Ming-hsin (龔明鑫) had just visited Silicon Valley. She also acknowledged that Taiwanese-Americans play an influential role in innovative industrial cooperation between the two sides of the Pacific. So the expertise and experience of the attendees, she said, as well as their connections, are just what Taiwan needs right now. She then invited everyone to lend a hand, and look for opportunities for Taiwan. 

The president referred to the energy transformation in Taiwan, another inspiring example. Our efforts to develop offshore wind power have attracted large-scale investment by enterprises from Denmark, Germany, Canada, Australia, and Singapore. High-quality capital investments from the United States and other countries are improving Taiwan's job market, and giving our young people more and better job opportunities. More importantly, high-quality capital investments are speeding up economic restructuring and transformation through innovation.

New investments in fields like AI and green energy, the president said, show that our efforts have yielded preliminary results from promoting the "5+2 industrial innovation program," improving infrastructure, deregulation, and recruiting and retaining talent. After seven consecutive years, Taiwan's investment rate is no longer declining, while private investment will exceed NT$3 trillion for the first time.

President Tsai emphasized that new investment, new industries, and new job opportunities are appearing. Taiwan's industrial sector is reversing the trend toward hollowing out, while our economy is overcoming stagnation and sluggishness. So she expressed hope that everyone can work together to expand our innovation-based economy, a key to strengthening Taiwan's overall economy.

President Tsai then reminded all the attendees that Taiwan has never backed down from a challenge. Despite opposition of all kinds, we are moving forward with needed reforms. In the midst of geopolitical struggles, we are a stabilizing force in regional politics, holding fast to our free and democratic way of life, she said. 

Over the past few years, the president stated, everyone has seen that US-Taiwan relations are getting better. But progress in Taiwan-US relations depends on the efforts of many Taiwanese-Americans. While our countrymen are abroad, their hearts are still with Taiwan, and they want to do things for Taiwan.

Whether in business or diplomacy, President Tsai emphasized, Taiwanese-Americans are never just spectators or cheerleaders, and there are many things they can do for their homeland. Taiwan's survival and development depend on the influence and support of Taiwanese-Americans. All of our compatriots on hand can play a role in strengthening Taiwan

President Tsai then said she was grateful to have a chance to share a meal with everyone. She thanked the attendees, and asked that they continue to provide support and encouragement. Reforms take time, she said, but if Taiwanese unite, there is nothing we can't do. So let's all roll up our sleeves, she said, and work together. Because that's the only way to change Taiwan for the better, and forge our own path into the future.

In closing, President Tsai thanked everyone for such a warm welcome, and also thanked the US government, the government of the State of California, the Los Angeles city government, and Americans everywhere for their help during the transit stop.

Also attending the expatriate banquet were AIT Chairman James Moriarty; United States House Committee on Foreign Affairs Chairman Ed Royce; Congressman Brad Sherman, Congresswoman Judy Chu; Secretary-General to the President Chen Chu; National Security Council Secretary-General David T. Lee (李大維); Foreign Minister Joseph Wu (吳釗燮); Minister Wu Hsin-hsing (吳新興) of the Overseas Community Affairs Council; ROC Representative to the United States Stanley Kao (高碩泰); Legislator Hsiao Bi-Khim (蕭美琴), Lee Chun-Yi (李俊俋), Chen Yi-Chieh (陳怡潔), Tsai Shih-Ying (蔡適應), Chou Chun-Mi (周春米), and Lai Jui-Lung (賴瑞隆); Chairperson Alan Thian (田詒鴻) of the Taiwan Center of Greater Los Angeles; and President Peter Luong (梁永泰) of the Chinese Consolidated Benevolent Association of Los Angeles.

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President Lai hosts state banquet for Prime Minister Feleti Teo of Tuvalu
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2025-12-04
President Lai interviewed by The New York Times DealBook Summit
In a recent interview via videoconference with The New York Times for its DealBook Summit, President Lai Ching-te responded to questions from host Andrew Ross Sorkin on topics including Taiwan’s national defense, cross-strait relations, Taiwan-US relations, the Russia-Ukraine war, and the semiconductor industry. The interview was broadcast in the early morning of December 4. The DealBook Summit is a major annual event held by The New York Times aimed at facilitating dialogue among leaders from various sectors and sharing their insights and analyses on international affairs. This year’s summit was held on December 3 (US EST) in New York, and included such speakers as Israeli Prime Minister Benjamin Netanyahu, United States Treasury Secretary Scott Bessent, California Governor Gavin Newsom, Palantir CEO Alex Karp, and Turning Point USA CEO and Chair of the Board Erika Kirk. The following is the full text of the interview: Q: Here’s where I want to start the conversation. You’ve just announced this past week that you’re introducing a US$40 billion special budget for military spending to buy more weapons from the US to try to deter China from invading Taiwan. What indicators, and perhaps new indicators, are you looking at that shows an increased threat to Taiwan? President Lai: We can see that China’s military drills targeted at Taiwan are becoming increasingly frequent and intense. They have even moved beyond the first island chain into the second, affecting the wider Indo-Pacific region. At the same time, China’s united front influence campaigns against Taiwan are also becoming more serious. In order to safeguard national security and fulfill our responsibility to maintain peace and stability across the Taiwan Strait, we have announced this special defense budget. We believe that peace is priceless, and war has no winners. While we aspire to peace, we cannot harbor illusions about it. Peace must be secured through strength. This is why we are increasing our defense budget and strengthening our national defense capabilities, while also cutting back our economic dependence on China. This includes improving our economic resilience. In 2010, 83.8 percent of Taiwan’s outbound investment went to China; last year, that figure had dropped to around 7 percent. We are also working side-by-side with other democracies to reinforce deterrence. Robust preparations are the best way to avoid war and achieve peace. Q: Let me ask you this: President Xi has said that his goal for China’s military is to be capable of taking Taiwan by force by 2027. You said that Beijing is accelerating these preparations for an attempted invasion. So what do you think China’s timeline is now? President Lai: We must ensure the best possible preparations for the worst-case scenarios. Whatever timeline the PLA may have, Taiwan’s fundamental principle is that we must be ready first – this is our basic principle. I also want to use this opportunity to reiterate to the international community that Taiwan will do everything necessary to protect itself and to safeguard regional peace and stability. We are grateful to the international community, including the G7, the president of the United States, Japan’s political leaders, and many others for their interest in cross-strait peace and emphasizing that stability in the Taiwan Strait is essential to global security and prosperity. Their shared position greatly contributes to stability in Taiwan and peace in the region. We hope Taiwan can continue working with the international community to uphold the rules-based international order. Q: Well, let me ask you about that because, Mr. President, last week you said the relationship between Taiwan and the US is rock-solid. How confident are you that the United States, and in particular President Trump, would come to the aid of Taiwan if China were to invade? President Lai: Although Taiwan and the United States do not have official diplomatic relations, Taiwan is deeply grateful to the US Congress for passing the Taiwan Relations Act and to President Ronald Reagan for the Six Assurances. For decades, successive US administrations and both parties in Congress have strongly supported Taiwan based on this foundation. Our relationship truly is rock-solid. Since President Trump took office, cooperation with Taiwan has not only continued but even expanded. We look forward to working with the United States through tariff negotiations – not only to help address their trade deficit, but also to deepen bilateral economic relations and strengthen our friendship. Q: We’ve all been watching what’s been happening play out in Ukraine between Ukraine and Russia. And there have been questions inside Ukraine about the support that the United States has provided or not in terms of how this ultimately gets settled. How do you view what’s happening in Ukraine right now and the role that the US is playing there? President Lai: Taiwan stands with the people of Ukraine. We hope this irrational and illegitimate war will be over as soon as possible so that the Ukrainian people will no longer have to suffer. However, in ending this war, we also hope that Ukraine’s national dignity and the well-being of its people will be respected, and future conflict will be prevented. Q: You talked about trade earlier. When you talk about the relationship between the US and Taiwan, one of the reasons that Taiwan is so valuable, such a strategic asset – and President Trump talks about it this way about Taiwan – is because of semiconductors. And one of the things that he says is that he hopes that the US is going to be manufacturing 40 to 50 percent of all semiconductors in the next couple of years with your help. Does that make Taiwan more valuable ultimately to the US or do you worry at all that it makes it less valuable to the US? President Lai: Taiwan’s semiconductor industry plays a crucial role, especially as we enter the future AI era. But I want to emphasize, with humility, that Taiwan’s semiconductor sector is a global asset. The industry functions as an ecosystem: the US excels in R&D, design, and has the world’s largest market; Japan provides materials and equipment; the Netherlands makes advanced lithography systems; Taiwan specializes in logic chip manufacturing; and Korea leads in flash memory chips. In other words, semiconductors are a global ecosystem – it requires worldwide cooperation to be effective. This is why our government supports TSMC and other Taiwanese semiconductor firms as they invest in the US, Japan, Europe, or wherever they believe is needed. This contributes to global progress and prosperity. As a result, we remain supportive as President Trump seeks investments from Taiwanese semiconductor companies and suppliers in the US. We hope Taiwan can support the reindustrialization of the US. President Trump wants the US to become the world center for AI, and we are willing to assist in this. As I said earlier, we hope Taiwan-US tariff negotiations will not only help reduce the US trade deficit, but also deepen bilateral economic cooperation, further integrate Taiwan’s industries with the American economic structure, and strengthen the Taiwan-US relationship. This will contribute to global prosperity and development. Q: Do you think that President Trump’s timeline, this idea that 40 to 50 percent of all semiconductors could be manufactured in the United States in the next two or three years, is realistic? President Lai: We understand President Trump’s sense of urgency; he wants the United States to maintain an edge in global competition. Whether this target of 40 to 50 percent can be achieved within this timeframe depends not only on Taiwan’s support but also on the US government’s ability to facilitate land acquisition, water and electricity supply, workforce and talent development, and investment incentives. If the US government manages to do this well and effectively, then this goal becomes much more achievable. Q: There’s a big debate in the United States right now about whether companies like Nvidia should be allowed to sell their most advanced chips to China. And there has not been a real answer yet here in the US. I’m curious what you think about that. Do you think that the most advanced chips should be allowed to be exported to China? President Lai: As Taiwan’s president, it would not be appropriate for me to comment on US domestic policy. But I can share an experience: Around the year 2000, Taiwan faced a similar debate about whether our advanced chip manufacturing capabilities should move to mainland China. There was an extensive and thorough discussion across society and among different political parties. The consensus was that it would be unwise and should not happen. Looking back, that decision was correct. Had Taiwan allowed its most advanced manufacturing to relocate to China, Taiwan would not be what it is today. Q: Final question for you. Your economy is red hot right now, in large part because of the AI boom. It’s a two-part question. I wonder whether you’re worried about an AI boom being an AI bubble. And I’m also curious how you think about the Chinese economy today and how that relates to how President Xi even views Taiwan, and when and if it would consider either invading or, through using the gray zone, trying to effectively cut off or control Taiwan. President Lai: There are many different views in the tech and economic communities. Some say AI could become a bubble; others say it may not. As a political leader, I believe the AI era will bring greater convenience to people’s lives, stimulate economic development, and contribute to global prosperity. That is why we must take steps to prevent AI from becoming a bubble. In other words, leaders around the world – especially those from countries with AI-related industries – should work together and take necessary measures to ensure AI develops sustainably and has a soft landing, so that it can drive long-term global growth. China’s economy is indeed struggling. Taiwan’s growth rate this year is projected to reach 7.37 percent, while international financial institutions estimate China’s growth to be only a little above 4 percent. We sincerely hope that as China faces economic pressures, President Xi Jinping will focus not on territorial expansion but on improving the well-being of the Chinese people. Taiwan is willing to help and to cooperate in addressing these economic challenges.
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