China's National People's Congress has designated October 25th as 'Commemoration Day of Taiwan's Restoration,' a move Taiwan's Mainland Affairs Council (MAC) immediately denounced as an attempt to fabricate Beijing's sovereignty claim over the island. The MAC stressed that the 1945 retrocession from Japan involved the Republic of China, not the PRC, underscoring the deep historical and political divisions. This action by Beijing, intended to reinforce the 'one-China principle,' intensifies cross-strait tensions and highlights persistent geopolitical risks in the region.
China's National People's Congress has designated October 25th as "Commemoration Day of Taiwan's Restoration," a move Taiwan's Mainland Affairs Council (MAC) immediately condemned as an attempt to "fabricate" Beijing's sovereignty claim. The MAC emphasized that the 1945 retrocession from Japan involved the Republic of China (ROC), not the People's Republic of China (PRC), which was not established until 1949. This directly challenges Taiwan's historical narrative and sovereignty. Beijing's decision, framed under the PRC Constitution, aims to reinforce the "indisputable fact that Taiwan is an inalienable part of China" and consolidate international adherence to the "one-China principle." This action is designed to motivate "national reunification," despite Taiwan never having been ruled by the PRC. This designation significantly escalates cross-strait tensions, particularly given ongoing historical disputes and the approaching 80th anniversary of WWII's end. The associated "moderately negative" sentiment and 0.6 market impact score underscore the increased geopolitical risk this assertive move by Beijing introduces into the region.
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moderately negative
Sentiment Score
-0.50
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