Executive Summary: Talent flows uncovered between Taiwan Semiconductor Manufacturing Company’s (TSMC) operations in the People’s Republic of China (PRC) and several sanctioned PRC firms constitute risks to the company’s position at the leading edge of the global chip industry. TSMC’s transition to encompass other parts... MORE

Executive Summary: Taiwan is acting against media organizations operating in the country that are affiliated with the People’s Republic of China’s (PRC) party-state. In early January, Taiwan’s government revoked the operating license of the magazine Strait Herald following revelations about its influence and infiltration activities.... MORE

Executive Summary: In 2024, the number of days and sorties involving Chinese military aircraft crossing the Taiwan Strait median line reached a peak, but the total sorties of Chinese aircraft around Taiwan and the number of peak incursion periods were not significantly higher than in... MORE

Executive Summary: Taiwan has suffered an annual average of 7–8 undersea cable disruptions over the past three years, most of which it attributes to vessels from the People’s Republic of China (PRC). Undersea cables carry 95 percent of global internet traffic. Recent PRC research and... MORE

Executive Summary The Chinese Communist Party (CCP)’s united front tactics include recruiting Taiwanese content creators and youth through cultural exchanges, financial incentives, and networking opportunities, according to a viral Taiwanese documentary released in December 2024. CCP officials target Taiwanese individuals, including those who have never... MORE

Executive Summary: People’s Liberation Army (PLA) naval training drills near Taiwan and surrounding the First Island Chain on December 9–11 did not constitute a full-scale joint exercise but sent a signal to the incoming US administration. Beijing’s power projection demonstration, involving 60 vessels, signals to... MORE

Executive Summary: Civilian drones launched from the People’s Republic of China (PRC) have repeatedly violated the Republic of China's (ROC) airspace over the outlying islands of Kinmen and Matsu, which serves as part of a gray zone campaign to discredit the self-governing democracy's ability and... MORE

Executive Summary: The Joint Sword-2024B exercise on October 14 focused on quarantining Taiwan’s ports and establishing sea and air superiority. It showcased the ability of the People’s Liberation Army (PLA) to coordinate maritime control with China Coast Guard (CCG) assets. “2024B” was the fourth exercise in... MORE

Executive Summary: The Joint Sword 2024–B exercises by the People’s Liberation Army were in part a tool of political intimidation to “serve as a stern warning to the separatist acts of ‘Taiwan Independence’ forces,” namely the Lai Ching-te administration. Beijing’s rhetoric is doubling down on... MORE

Executive Summary: Xi Jinping’s address on the 75th anniversary of the founding of the People’s Republic of China (PRC) highlighted risks and challenges ahead and included a lengthy segment on unification with Taiwan. The speech was accompanied by relatively muted celebrations on October 1, which... MORE