News Snapshot:
A vendor holds Taiwanese and Chinese national flags near the Sun Yat-sen Memorial in Taipei, Taiwan. Billy H.C. Kwok | Bloomberg | Getty Images Taiwan is not seeking to get involved in an arms race with China but does need a credible combat capability, Defense Minister Yen De-fa said on Thursday, after the United States approved a potential $1.8 billion arms sale to the Chinese-claimed island. Beijing has applied increasing pressure on democratically-ruled Taiwan to accept China's sovereignty, including by flying fighter jets across the sensitive mid-line of the Taiwan Strait, which normally serves as an unofficial buffer. The latest...