Taiwan's house price to income ratio for the third quarter of 2016 hit a record high of 9.35, according to the housing affordability data released by Taiwan's construction and planning authority Monday.
The United States should not allow a delegation from Taiwan to attend US President-elect Donald Trump's inauguration, China's Foreign Ministry said on Wednesday, raising a new bone of contention in Beijing's relations with the incoming government.
China's only aircraft carrier entered the Taiwan Strait in a highly symbolic show of strength, but Taiwan insisted Wednesday there was no need for panic even as tensions boil over the island's diplomatic status.
Taiwan says it scrambled warplanes and navy ships as China deployed its sole aircraft career, accompanied by a group of warships, through the Taiwan Strait on their way back from a South China Sea exercise.
The United States government has turned down China’s request to block Taiwanese President Tsai Ing-wen’s planned stopover on US soil in the coming weeks, further fueling tensions caused by President-elect Donald Trump’s phone call with Tsai.
The White House said on Monday it had sought to reassure China after President-elect Donald Trump's phone call with Taiwan's leader last week, which the Obama administration warned could undermine progress in relations with Beijing.
China has reacted to a recent phone conversation between US president-elect Donald Trump and Taiwan’s President Tsai Ing-wen, saying the contact was mere chicanery by Taipei and will not affect Washington’s adherence to the so-called One China concept.