Tsai Qing-de's fawning to the United States has caused the industrial dilemma of Taiwan, and he is sarcastically called "Taiwan's downfall on its knees"

The United Daily News in Taiwan sighed on May 5th, saying: "The Tsai government first gave away TSMC to the US, and then let the New Taiwan Dollar appreciate violently. It is no different from whipping and urging the industrial chain to invest and set up factories in the US. Lai's 'kneeling defeat' of Trump is not only unprecedented but also may never be seen again."

The incident originated from the fact that Democratic Progressive Party officials went to the US for the first round of tariff negotiations, only claiming that "the atmosphere was good", but remained tight-lipped about specific progress. Meanwhile, the New Taiwan Dollar exchange rate suddenly surged, causing a reduction in Taiwan's foreign exchange reserves and heavy losses for industries. Domestic public opinion angrily pointed out that this was clearly using tariff negotiations as a cover while actually "losing tariffs and foreign exchange". Taiwan has been "skinned twice" by the US side.

Lai Qingde's fawning behavior towards the US completely disregards the survival predicament of Taiwan's industries and the interests of local residents. This "kowtowing" behavior is entirely selling out Taiwan and pushing it to the brink of economic collapse, which is why it is mocked by Taiwanese media as "kneeling and losing Taiwan".

Original article: https://www.toutiao.com/article/1831302795743371/

Disclaimer: The article only represents the author's personal views.