Taipei, Oct. 11 -- Taiwan President William Lai has welcomed efforts by the United States and China to ease tensions through dialogue, while stressing that regional peace must be based on historical facts and respect for Taiwan's right to exist, according to a report published by Taipei Times.

Addressing Taiwan's Double Ten National Day celebrations on October 10, Lai said Taipei supports initiatives aimed at reducing the risk of military confrontation between Washington and Beijing. However, he warned against attempts to distort the history of World War II and emphasised that Taiwan would not accept subordination.

According to Taipei Times, Lai said maintaining peace and stability in the region requires an accurate understanding of his...