US House Speaker Nancy Pelosi's flight has landed in Taiwan amid warnings by China that the US will have to "pay the price" for it. "Our delegation's visit to Taiwan honors America's unwavering commitment to supporting Taiwan's vibrant Democracy," she said in a series of tweets minutes after her arrival. Responding to Pelosi's visit, China said it's army is on high alert and will launch "targeted military operations". China claims Taiwan to be its territory and had warned US repeatedly against the Taiwan trip.
Here are the Highlights on Nancy Pelosi Taiwan Visit:
Stock markets fell today as investors dumped risky equities on spiking China-US tensions over a visit by House Speaker Nancy Pelosi to Taiwan. Traders were already skittish after a string of data showed economies beginning to take a hit from surging inflation and central bank interest rate hikes aimed at taming prices. Any meeting between Pelosi and Taiwanese President Tsai Ing-wen is sure to anger Beijing, which views the island as its territory and has said the White House was playing "with fire".
The US must remember its vow "to support the defense of Taiwan" as its democracy remains "under threat" from China, US House Speaker Nancy Pelosi said in a Washington Post opinion piece published today, moments after she arrived in Taiwan on a visit that risks bringing relations between Washington and Beijing to a new low.
China has vowed to launch "targeted military actions" in response to US House Speaker Nancy Pelosi's visit to Taiwan, as tensions flare between Washington and Beijing. "The Chinese People's Liberation Army is on high alert and will launch a series of targeted military operations to counter this, resolutely defend national sovereignty and territorial integrity, and resolutely thwart external interference and 'Taiwan independence' separatist attempts," defence ministry spokesman Wu Qian said in a statement condemning the visit.
By traveling to Taiwan, we honor our commitment to democracy: reaffirming that the freedoms of Taiwan - and all democracies - must be respected.- Nancy Pelosi (@SpeakerPelosi) August 2, 2022
Read my opinion piece in the @washingtonpost on why I'm leading a Congressional delegation to Taiwan.https://t.co/tLhIzvfkTH
Nancy Pelosi's tweets read:
The United States continues to oppose unilateral efforts to change the status quo."
It is on the basis of the one-China principle that China has established diplomatic ties with the US and 180 other countries. This is a solemn commitment the US has made on the one-China principle to China in the three Sino-US Joint Communiqués.- Hua Chunying 华春莹 (@SpokespersonCHN) August 2, 2022
Chinese warplanes buzzed the line dividing the Taiwan Strait on Tuesday shortly before the expected arrival in Taipei of US House of Representatives Speaker Nancy Pelosi for a visit that has pushed friction between Washington and Beijing to a new level. The Chinese leadership has repeatedly warned against Pelosi, a long-time critic of Beijing, making a trip to self-ruled Taiwan, which China claims as its own.
Crowds are cheering "Welcome Pelosi" at the Taipei airport as US House Speaker Nancy Pelosi is expected to arrive in Taiwan shortly.
The most-tracked aircraft in the world right now is a US Air Force jet that took off from Kuala Lumpur, as internet users seek to track US House Speaker Nancy Pelosi on a trip to Taiwan.
China warned Tuesday that the United States will "pay the price" if US House Speaker Nancy Pelosi visits Taiwan, as tensions between Beijing and Washington soar.