Taiwan China trade 結果共53筆

Discover the latest on China’s ban on Guatemalan coffee and cardamom amid rising tensions over Guatemala’s ties with Taiwan. Read about the trade dispute’s impact and geopolitical implications.

Duncan Clark discusses France-China relations post Xi Jinping’s Europe visit on TVBS, highlighting trade, technology, and global power dynamics.

Discover how Slovakia is deepening ties with Taiwan, focusing on economic, trade, and technological advancements. This move comes as Taiwan welcomes new leadership, with both nations eyeing stronger democratic and economic collaboration amidst challenges.

China has announced the lifting of its ban on several agricultural and fishery products from Taiwan, signaling a potential thaw in cross-strait relations and fostering hopes for increased economic and cultural exchanges.

Discover how China’s recent decision to lift its ban on Taiwanese agricultural and fishery products marks a significant step towards improving cross-strait relations. Read about the scientific assessments behind the move and its potential impact on trade.

Taiwan’s Mainland Affairs Council warns that China’s reduced tariff concessions under the ECFA could harm cross-strait companies, criticizing China’s trade sanction threats and efforts to attract Taiwanese youth with housing and entrepreneur parks.

Joseph Wu Jaushieh, with over six years as Taiwan’s foreign minister, is set to become the National Security Council’s secretary-general. Known for his ＂unconventional＂ approach and handling of crises like the China-US trade war and COVID-19, Wu significantly enhanced Taiwan-US relations and worked on expanding ties with Central and Eastern Europe. Despite losing eight diplomatic allies under China’s pressure, his extensive international experience is seen as a valuable asset in his new role.

U.S. Secretary of State Blinken to visit China, urging restraint during Taiwan’s presidential inauguration and discussing key issues such as drug prohibition, AI security, human rights, and Russia sanctions, while the U.S. reaffirms its consistent Taiwan policy and support for cross-strait dialogue.

In a significant meeting in Washington, U.K. Foreign Secretary David Cameron and U.S. Secretary of State Antony Blinken emphasized their united stance on peace in the Taiwan Strait and addressed concerns over China’s trade practices. The discussion also covered the AUKUS security partnership’s role in the Indo-Pacific and the upcoming talks between Japanese Prime Minister Kishida Fumio and U.S. President Joe Biden, focusing on military and technological cooperation.

Vice President and President-elect Lai Ching-te’s visit to Quanta headquarters in Taipei to discuss AI and 5G applications with Chairman Barry Lam, as part of his ongoing industry exchange tour. The meeting highlighted Taiwan’s ICT industry success and Quanta’s pivotal role in seizing AI opportunities, reflecting critical decisions made by Lai during his tenure as premier.

President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.

Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.

Taiwan’s ally Guatemala is considering establishing formal trade ties with China, according to the country’s Foreign Minister Carlos Ramiro Martinez. He proposed the creation of a ’trade representative office’ to assist Guatemalan products in finding a market in China. While many Central American countries have switched recognition to China, Guatemala remains one of the twelve countries that maintain diplomatic relations with Taiwan.

Former U.S. President Donald Trump pledges to reapply tariffs on Chinese goods, potentially exceeding 60%, if he wins the November presidential election. He offers no clear answer on whether he would assist Taiwan in the event of a Chinese attack. Trump plans on imposing a 60% tariff on Chinese goods, a number that may increase. He is leading in the Republican primary and is expected to face incumbent President Joe Biden in November. Trump imposed tariffs amounting to US$250 billion on Chinese imported goods during his term, sparking a trade war. Biden retained Trump’s tariff policy and banned the export of advanced semiconductors and semiconductor production equipment. Trump disputes rumors of another trade war with China, stating that he has handled all matters related to China well. He also criticizes Taiwan for taking semiconductor jobs from the U.S. and suggests imposing tariffs and trade barriers on Taiwan.

Following the victory of the Democratic Progressive Party (DPP) in Taiwan’s presidential election, a report by the Asia Society Policy Institute (ASPI) suggests that Beijing might escalate activities in gray zone areas. The report highlights Taiwan’s increased geopolitical prominence and its pivotal role in semiconductor manufacturing, making the stability of the Taiwan Strait a key concern for the U.S. and other Western nations. The report also notes that Vice President Lai Ching-te won the election by over 40% of votes, breaking the trend of switching ruling parties every eight years since direct presidential elections were implemented in 1996. The victorious DPP aims to strengthen Taiwan’s defenses and relations with like-minded nations while resisting negotiations with Beijing. Additionally, the party seeks to reduce Taiwan’s trade dependency on China and strengthen ties with significant partners such as Australia, Europe, and Japan. With no party securing a majority in the legislative assembly, the DPP faces a ＂minority government and majority opposition＂ scenario, which could hinder the government’s legislative and budgeting process and impact Taiwan-U.S. ties. Despite the election, cross-strait relations and regional tensions are unlikely to undergo fundamental changes. Taiwan’s vital position in semiconductor manufacturing and geopolitics ensures its continued rise in importance, with the U.S. and Western nations playing a crucial role in maintaining stability in the Taiwan Strait. The upcoming U.S. presidential election in November is expected to significantly impact the U.S.-China-Taiwan triangle, and a potential return of former President Trump to the White House might please Beijing, according to the report.

The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.

If Kuomintang (KMT) candidate Hou Yu-ih wins the election, Taiwan’s political and economic situation could undergo significant changes, potentially easing tensions with China, according to a report by Nikkei Asia. Hou, a former police officer, has risen quickly in the political scene and is seen as a ＂law and order＂ poster child. Many Taiwanese voters are tired of President Tsai Ing-wen’s eight-year reign, especially regarding the increasing threat from China and slowing economic growth. Hou frames the election as a choice between peace and war, emphasizing the need to maintain good cross-strait relations. He accepts the 1992 Consensus and promises to restart the Cross-Strait Service Trade Agreement (CSSTA). Additionally, Hou advocates for a tough stance against crime and opposes the abolition of the death penalty, vowing to execute capital punishment if elected.

President Tsai Ing-wen criticizes China’s one-sided trade barriers and emphasizes that bilateral trade relations should not be used as a political tool in her New Year’s address. The tariff preference for certain products under the Economic Cooperation Framework Agreement (ECFA) has been suspended as of Jan. 1, 2024. Tsai notes China’s intervention in elections and expresses confidence in the people of Taiwan to make wise decisions. She argues that Taiwan’s industries already have global exposure and are gradually reducing reliance on China. Tsai believes that while the economic benefits of the ECFA are limited, diversifying risks and global positioning are important for Taiwan’s industries. She highlights that China often imposes unilateral trade barriers on other countries for political reasons, citing examples of punitive tariffs and import bans on Lithuania and Australia due to their friendly relationship with Taiwan and criticism of China’s human rights policy in Xinjiang.

In this story, Democratic Progressive Party (DPP) presidential nominee Lai Ching-te criticizes the outdated policy views of Kuomintang’s (KMT) presidential candidate, Hou Yu-ih, during a presidential debate. Lai emphasizes the need for abandoning outdated policies and upgrading past efforts to comprehend and master the rapidly changing world. He outlines his policy principles, including boosting national projects, enhancing defense, economic and democratic ties, and maintaining dignified, equal cooperation with China. Lai believes that the 2024 presidential election will determine whether Taiwan aligns with democracies or authoritarian entities, and he highlights that voting for him and his running mate Hsiao Bi-khim is the only option to continue collaborating with democratic allies.

The Ministry of Foreign Affairs (MOFA) has stated that Beijing is working to isolate Taiwan globally in response to criticisms made by Kuomintang (KMT) presidential candidate Hou Yu-ih regarding Taiwan’s stagnant free trade agreements (FTA). During a presidential policy presentation, Hou criticized the Democratic Progressive Party (DPP) for its unsatisfactory economic performance and the lack of progress in bilateral and multilateral trade agreements. MOFA emphasized Taiwan’s commitment to global economic integration and bilateral economic cooperation, but highlighted the interference from China. MOFA believes that Taiwan’s ability to participate effectively in economic integration depends on its strength and global connections, especially as countries like the U.S. and European nations reassess their economic risks with China. MOFA urges all Taiwanese, regardless of political affiliation, to unite and enhance cooperation with like-minded nations in the face of external challenges.

The Taiwan Carbon Solution Exchange (TCX) has launched its first international carbon credit transactions, offering credits sourced from various regions in Asia, Africa, and South America. Notable companies such as TSMC, Foxconn, China Steel Corporation, and Taiwan Financial Holding have expressed interest in participating in the inaugural trade event. The initial batch of credits available on the Taiwan Carbon Exchange is estimated to range from 50,000 to 100,000 tons and has been certified by the Gold Standard. Once procured, these credits cannot be resold on the carbon exchange platform, and their use will be determined by each company’s individual needs. It is important to note that these credits have international ＂voluntary＂ carbon rights and do not fall under ＂mandatory＂ carbon pricing, meaning they cannot be used to offset Europe’s Carbon Border Adjustment Mechanism (CBAM).

The Customs Tariff Commission of China’s State Council has announced that starting from January 1 next year, it will suspend the application of preferential tariffs for 12 categories of chemically imported goods from Taiwan, including propylene and paraxylene. China claims that Taiwan violates ECFA regulations by imposing discriminatory trade measures for products exported from China, and a trade barrier investigation by China’s Ministry of Commerce confirmed these restrictions as a trade barrier. Taiwan’s Mainland Affairs Council (MAC) accuses China of political manipulation and bypassing WTO dispute mechanisms. The Ministry of Economic Affairs (MOEA) states that the export value of ECFA’s early harvest list to China has been decreasing, projected to retract to pre-ECFA levels by year-end. The MOEA proposes managing cross-strait economic disputes under the WTO mechanism and encourages China to do the same.

China has announced the suspension of preferential tariffs on certain products under the Economic Cooperation Framework Agreement (ECFA), potentially impacting cross-strait trade. Li Zhenguang, deputy dean of the Taiwan Research Institute at Beijing Union University, suggests that this move could lead to the complete termination of the ECFA, creating uncertainty for the future. Tang Yonghong, deputy director of the Taiwan Research Center at Xiamen University, considers the suspension to be moderate and emphasizes that China will respond with corresponding measures if Taiwan imposes trade bans or limitations. The development of cross-strait trade is contingent on the relationship between the two sides, with trade being affected if relations become confrontational. China’s suspension of tariff concessions for 12 imported items is seen as a warning to Taiwan in defense of the ＂1992 Consensus,＂ indicating China’s unwavering stance on cross-strait relations.

Deputy Trade Representative Yang Jen-ni of Taiwan’s Office of Trade Negotiations (OTN) criticized China’s recent trade barriers against Taiwan, highlighting four major concerns. Yang pointed out that China’s investigation process is biased, unfair, nontransparent, and not in line with international norms. Documents such as applications, comments, respondent summaries, and non-confidential data were undisclosed or restricted to foreigners. Additionally, Yang condemned China for bypassing the Taiwan government during the investigation, prioritizing political objectives over economic ones. She also accused China of misinterpreting trade policies and creating a false narrative that Taiwan is unwilling to address disputes. Lastly, Yang criticized China for producing inflated and unverifiable data in its impact assessment, without solid evidence to support its claims. Yang urged China to abandon its one-sided political manipulation and suggested initiating consultations through the World Trade Organization (WTO) mechanism to resolve trade disputes.

DPP vice-presidential candidate Hsiao Bi-khim emphasized the importance of strength in maintaining Taiwan’s status quo and preventing bullying. She highlighted the current state and prospects of U.S.-Taiwan relations, noting that U.S. policy has consistently supported maintaining the status quo and opposing the use of force. Hsiao mentioned that under Xi Jinping’s leadership, the U.S. has shifted to view China competitively but does not seek a new Cold War. She emphasized critical issues of peace, security, and economic cooperation in Taiwan-U.S. ties, including the U.S.-Taiwan Initiative on 21st-Century Trade. Hsiao underscored Taiwan’s determination to defend itself, citing the national defense budget and military modernization reforms. She referred to herself as a ＂cat warrior＂ and advocated for government reform and a balanced international stance. Hsiao urged that Taiwan not become a divisive issue between American political parties and emphasized the need for a proper balance amidst U.S.-China competition to ensure Taiwan’s safe and steady progression.