In a short pre-recorded video, Taiwan President Tsai Ing-wen expressed gratitude to democratic nations for supporting Taiwan in the Lunar New Year message on Sunday, January 30th. Tsai stated that Taiwan would “stride out” into the world.

Tsai said, “I want to especially thank all democratic partners for their support of Taiwan over the past year.

“We will continue to deepen exchanges with all countries and stride out into the world.”

Last year, Tsai sent Lunar New Year wishes to the Chinese people. At the same time, she passed the message that Taiwan would not bear the pressure from the Chinese regime and repeated the call to resume peaceful negotiations between them.

This year, Tsai does not directly mention China regime or reiterate resuming the peaceful dialogue between Taipei and Beijing.

Since Tsai Ing-wen became Taiwan President, the Chinese regime continuously applied pressure on Taiwan in all areas. However, Taiwan received strong support from America and its allies.

On Jan. 21st, Dan Sullivan, a member of the Senate Armed Services Committee, introduced a bill named “Sanctions Targeting Aggressors of Neighboring Democracies” (STAND) to impose strict, comprehensive economic sanctions and financial penalties on China in the case of Beijing attacking Taiwan.

Suppose the People’s Liberation Army (PLA) or its proxies initiate a military invasion of the island democracy of Taiwan. STAND sanctions would apply to the Chinese Communist Party (CCP) members, Chinese financial institutions, and industrial sectors. 

It would also prohibit U.S. financial institutions—investment companies, private equity firms, venture capital firms, or hedge funds—from making any investments in a Chinese entity that benefits or is affiliated with the Chinese regime. 

The bill would also prohibit the importation of certain goods mined, produced, or manufactured wholly or in part in China.

In addition, the bill also proposed that the United States need to work closely with allies and partners to encourage them to implement economic sanctions, trade, and financial penalties for the CCP.

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