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Apr 14, 2021 · Taiwan’s government has attempted to reduce dependence on the Chinese economy by encouraging market diversification and by enticing Taiwanese businesses to shift investments back from China.
Taiwan has strong links to China, its biggest trading partner. And many Taiwanese have business and family connections across the strait. But over time, polls show that the number of people who...
Jul 13, 2021 · Taiwan government revised up economic growth forecast in 2021 to 5.5% in June despite the sudden surge of covid-19 cases since mid-May. This is the fastest growth path since and second only to the post-crisis rebound in 2010 (see Figure 1). The economy is bolstered by thriving exports outlook.
Nov 17, 2023 · Dependence on China also has laid bare homegrown Taiwanese economic vulnerabilities that require new policy thinking: the loss of dynamism in industries that previously drove Taiwan’s economic success; a rapidly aging population and labor shortages; and reduced opportunities for young people.
Jan 29, 2021 · Taiwan’s economy grew faster than that of China for the first time in three decades last year as strong demand for the island nation’s technology exports boosted growth in the fourth quarter.
Aug 7, 2022 · US House of Representatives Speaker Nancy Pelosi has visited Taiwan in defiance of strong opposition from mainland China, and it is shaping up to have far-reaching implications for trade.
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Oct 9, 2021 · China's President Xi Jinping has said that "reunification" with Taiwan "must be fulfilled", as heightened tensions over the island continue.