Taiwan Warns That China Could Mount Successful Invasion by 2020

Taiwan Warns That China Could Mount Successful Invasion by 2020

By Debra Mao and Argin Chang  Oct 8, 2013

China may be able to successfully invade Taiwan by 2020 as it develops technology to prevent allies such as the U.S. from coming to the island’s aid, the Taiwanese defense ministry said. A military modernization campaign has seen China’s People’s Liberation Army enhance its ability to make long-range precision strikes and develop so-called area-denial technology, the ministry said in its 2013 National Defense Report.“As the PLA continues to grow and proactively builds its anti-access/area denial strategy, and as it develops long-range precision strike weaponry and extends its overseas power projection capability, they will become a serious threat to the security of our nation,” the report said.

The assessment comes as China and the island it considers a breakaway province have deepened economic ties. Chinese President Xi Jinping signaled he wants a political resolution, saying at a regional summit this month that the two sides can’t hand those problems “down from generation to generation.”

China and Taiwan have been ruled separately since Nationalist forces led by Chiang Kai-shek fled to the island during a war against Mao Zedong’s Communists in 1949.

China has stated that “separatist forces” in Taiwan are the main threat to peace, Taiwan’s defense ministry said. The PLA is already able to seal off Taiwan’s main island and occupy outlying islands, according to the report.

Under the Taiwan Relations Act of 1972, the U.S. is obligated to maintain peace and security across the Taiwan Strait. U.S. military budget cuts may hurt the standing of the U.S. in Asia over the next 10 to 15 years, the report said.

The U.S. believes that a Chinese anti-ship ballistic missile is designed to target U.S. aircraft carriers. In April, the U.S. said China had deployed the missile along its southern coast.

To contact the reporter on this story: Debra Mao in Taipei at dmao5@bloomberg.net

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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