Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
China vowed Wednesday it will "never compromise" on Taiwan and told the United States to stop providing military aid, days ahead of a crucial election on the self-ruled island.
China claims Taiwan, which holds elections on Saturday, as part of its territory and has vowed to seize it one day.
The election is being closely watched -- including by policymakers in Beijing and Washington -- as its outcome will impact the future of Taiwan's relations with an increasingly assertive China.
In their first defence talks of the year, held at the Pentagon Monday and Tuesday, Chinese officials demanded that Washington "stop arming Taiwan, and oppose Taiwan's 'independence'", according to a Chinese defence ministry readout.
The officials said Beijing would "never compromise or back down" on the territory's status, the readout said Wednesday.
According to the Pentagon's readout on Tuesday, the United States reaffirmed its calls for "peace and stability" across the Taiwan Strait that separates Taiwan from China.
Michael Chase, the Pentagon's deputy assistant secretary for China, Taiwan and Mongolia, restated the United States' commitment to its "One China" policy, which emphasises it does not support Taiwanese independence.
Washington has provided Taiwan with military aid under an assistance programme aimed at foreign governments, prompting frequent criticism from Beijing.
Also Read : Iron Ore Extends Monthly Losses on China Steel Output Cut Fears China’s Steelmakers Face Output Limits Amid Falling Profits