TaiwanPlus News – 18:30, January 12, 2023

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By TaiwanPlus

A visiting former U.S. deputy national security advisor says Washington and Taipei should show China would lose if it were to start a war over Taiwan. That comes as the U.S. held a defense summit with Japanese officials, with the Pentagon saying it does not believe a Chinese attempt to invade Taiwan is imminent. And chipmaking giant TSMC posted record profits in Q4 of 2022, but the company is expecting a downturn in the industry this year. Also: - A race is on to clear debris from a landslide on Taiwan's east coast in order to reopen the key coastal highway before the Lunar New Year holidays. - Government figures show wage increases in Taiwan have failed to keep up with rising inflation. - Endurance runner Tommy Chen prepares to conquer a 700-km arctic ultramarathon for the 2nd time.