The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
View all Reports
Metrobank.com.ph Contact Us
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
May 8, 2025 DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
May 6, 2025 DOWNLOAD
View all Reports
Economy 2 MIN READ

UPDATE 1-U.S. concerned by ‘coercive’ Chinese actions in Taiwan strait, Biden tells summit

October 27, 2021By Reuters
Related Articles
Gold recovers as debt-ceiling talks make little progress May 23, 2023 Dollar hits 7-month high vs yen on policy split; Sweden's crown touches record low June 29, 2023 Philippines rejects all bids at T-bill auction due to higher yields February 28, 2022

Add quotes, details

WASHINGTON, Oct 27 (Reuters) – President Joe Biden on Wednesday told a summit of East Asian leaders that the United States was deeply concerned by China’s “coercive” actions across the Taiwan Strait, calling it a threat to peace and stability.

Speaking at the virtual event also attended by Chinese Premier Li Keqiang and other regional leaders, Biden reiterated that the United States had a “rock-solid” commitment to Taiwan. nL1N2RH0PD

“We are deeply concerned by China’s coercive … actions,” Biden said, charging that they “threaten regional peace and stability.”

“The U.S. is committed to Taiwan. In fact that commitment is rock solid and consistent across administrations. It continues to be the maintenance of peace and stability across the Taiwan Straits and within the region,” he said.

Biden last week said the United States, which is obliged by a 1979 law to provide Taiwan with the means to defend itself, would come to Taiwan’s defense if it was attacked by China. Those comments caused a stir because they appeared to depart from a long-held U.S. policy of “strategic ambiguity” as to how Washington would respond to such a scenario.

The White House said Biden was not signaling a change in U.S. policy toward Taiwan, and some analysts dismissed his comments as a gaffe.nL1N2RI26J

Tensions between Taiwan and China have escalated in recent weeks as Beijing raises pressure on the island it claims as its own with repeated air missions over the Taiwan Strait, the waterway separating the island and the mainland.

China expressed displeasure at Biden’s comments last week. Its foreign ministry urged Washington “not to send the wrong signals to the forces of Taiwan independence, to avoid seriously harming Sino-U.S. ties and peace and stability in the Taiwan Strait.”

(Reporting by Rozanna Latiff and David Brunnstrom; Writing by Martin Petty; Editing by Hugh Lawson and Cynthia Osterman)

((martin.petty@tr.com; +66896070413;))

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Read this content. Log in or sign up.

​If you are an investor with us, log in first to your Metrobank Wealth Manager account. ​

If you are not yet a client, we can help you by clicking the SIGN UP button. ​

Login Sign Up