Taiwan plans to lend ally Haiti $150 million for infrastructure development

Vastavam web: Taiwan plans to lend ally Haiti 150 million for infrastructure development in a bid to shore up relations amid a renewed diplomatic onslaught by rival China that has stripped it of two foreign allies in the past month.Foreign Ministry spokesman Andrew Lee said Thursday the aid was aimed at developing rural power grids in the impoverished Caribbean nation that is still recovering from a devastating 2010 earthquake.

“This provides a win-win situation to help a diplomatic ally with a major infrastructure development project and also creates overseas business opportunities for Taiwanese companies,” Lee was quoted as saying by the official Central News Agency.China claims Taiwan as its own territory and opposes any recognition of the island as an independent state.

Beijing has been steadily increasing pressure on Taiwanese President Tsai Ing-wen over the past two years following her refusal to acknowledge the “one-China principle” under which China defines Taiwan as a Chinese province. The sides split amid civil war in 1949 and China threatens to use force to grain control over the island.Along with diplomatic pressure, Beijing has cut the numbers of Chinese tourists visiting Taiwan and increased naval and air force patrols around the island in recent months.