Taipei Current Affairs, GK & News

Taiwan will set up its first office in Lithuania using the name “Taiwan”

July 22, 2021

Using the name “Taiwan,” Taiwan’s government will set up its first office in Europe, in the Baltic nation of Lithuania. The Taiwan government has come up with this decision as it seeks to strengthen its diplomatic presence across the globe with the ever increasing pressure from Beijing.   Highlights This decision has drawn a rebuke ..

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China hikes defence budget by 7.5%

March 6, 2019

China has increased its defence budget by 7.5 per to $177.61 billion up from last year’s $165 billion. The 2019 Defence Budget of China stood at 1.19 trillion yuan (about $177.61 billion) which is three times the Indian Defence Budget. China’s Defence Budget China’s Defence Budget growth rate stood at 7.6 per cent in 2016, ..

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Union Government imposes anti-dumping duty on Plastic-Processing imports

March 16, 2016

Union Government has imposed anti-dumping duty of up to 44.7 per cent on import of plastic-processing machines from Chinese Taipei, Malaysia, Philippines and Vietnam for five years. The anti-dumping duty will be levied on imports of all kinds of plastic-processing or injection-moulding machines, also known as injection presses. The move is aimed at protecting the ..

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