Paraguay’s opposition candidate is pushing for closer relations with Beijing in a presidential election that could have high stakes for the autonomous island.
Taiwan says it has detected three warships and 13 Chinese aircraft around the island.
Beijing condemns meeting in California between Taiwan's top official Tsai Ing-wen and US House speaker Kevin McCarthy as "acts of collusion" and vows to take "resolute" measures to defend its sovereignty.
The bulk of Terry Gou's investments are in mainland China, where he employs more than one million workers in massive factories, raising concerns over his perceived cosiness with Beijing's leadership.
President Tsai Ing-wen meets with senior US security officials to discuss "regional situation" ahead of her meeting with US House Speaker Kevin McCarthy.
US House Speaker McCarthy has announced he would meet Taiwan's President Tsai Ing-wen in California on Wednesday as China warned the US by saying it is "playing with fire" over Tsai's trip.
Tsai Ing-wen's visit to Guatemala and Belize comes days after Honduras ditched Taiwan in favour of China, leaving the country with only 13 nations that diplomatically recognise it.
Beijing warned that it was vehemently opposed to the reported meeting between President Tsai Ing-wen and US House Speaker Kevin McCarthy during a scheduled stopover in California.
After first visiting New York, Taiwan President Tsai Ing-wen will continue her 10-day trip by meeting her Guatemalan counterpart Giammattei and Belize Prime Minister Briceno in their respective countries.
The trip comes during heightened tensions between Beijing and Taipei as China keeps up military and political pressure to try and get democratic Taiwan to accept Chinese sovereignty.
Taipei has accused China of disrupting peace and stability in the Taiwan Straits saying the Chinese army flew 57 warplanes and four ships between Sunday and Monday.
"The current four-month military service is not enough to meet the fast and ever-changing situation," says President Tsai Ing-wen.
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