Blog

Taiwan Seeks Stronger Asia Ties to Overcome Reliance on China

“Go west!” is the mantra Taiwanese companies lived by for the best part of three decades, turning China into their biggest trading partner. But with cross-strait relations at their worst in close to a decade, President Tsai Ing-wen is urging firms to turn south.

 

Tsai wants to mitigate reliance on the mainland by bolstering trade with 18 countries in Southeast Asia and South Asia, including Australia and New Zealand, a departure from her predecessor’s promise of stronger growth through better ties with China. 

“Taiwan’s trade with the U.S. and Europe is declining. The goal now is to take advantage of the fact trade with Southeast Asia is growing faster than it is shrinking with other regions, so total trade can keep expanding.”.

See original article

Anemone Ventures Ltd
亞蒙國際管理顧問有限公司
© 2020 Anemone Ventures Ltd. All Rights Reserved. Designed By as2
Font Size Normal Large Huge
Site color display * Works on modern browsers Normal Display For color blind For disabled
Site Design Normal site design Content only, no sesign