Yes, this news has been reported in the local news in Taiwan. Basically the CT Skating Union just received the notification from ISU about cancelling the CS event originally scheduled in Taipei Arena. According to the statement from ISU (as reported in local news and also CTSU website), it is due to the current international affairs, Taiwan is not suitable for holding any international FS competitions. It's ISU's decision to cancel the event.
For the local CTSU, the news kind of coming out of nowhere as the preparation of the original scheduled event has been underway.
Ironically, the same event has been re-located to China, Dongguan (which is close to HK) and it will be organized by HK skating union.
Links to local news report (in Chinese):