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AI drives Taiwan’s economic growth, says minister
Taiwan’s economy is set to grow over 4% in 2024, driven by AI, says Minister Liu Chin-ching. U.S. trade policies may boost growth, but uncertainties remain.6小時前 -
Pegatron chair warns of rising U.S.-China tensions
Chairman Tung Tzu-hsien of Pegatron discusses U.S.-China tensions and export controls on AI chips. He stresses global cooperation’s role in economic growth.2024/11/12 13:32 -
DPP legislator reassures on Taiwan-Japan relations
Taiwan-Japan relations remain stable despite Japan’s political shifts, says DPP legislator Chen Kuan-ting. Cooperation in democracy and tech innovation endures.2024/10/28 10:49 -
NCCU and RAND discuss AI’s impact on national security
NCCU and RAND Corporation leaders met to discuss AI’s impact on national security, focusing on tech policy research. They aim to boost Taiwan-U.S. academic ties.2024/10/24 16:15 -
Lai champions AI, green tech in Taiwan’s ICT push
Vice President Lai Ching-te engages in discussions with ICT industry leaders at Hwa Ya Technology Park in Taoyuan, emphasizing Taiwan’s pivotal role in the global AI revolution amidst the U.S.-China tech war. NVIDIA CEO Jensen Huang highlights Taiwan’s significance in the new AI era, urging collective efforts to solidify Taiwan’s global standing. Lai’s visits and dialogues with industry players signal a collaborative approach to strategic industry planning.2024/03/26 16:55 -
Natixis: Taiwan’s economy set for growth amid 2024 election
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.2024/01/06 17:16 -
U.S. elections, not Taiwan’s, may shift policy: Academic
The George Washington University Professor Robert Sutter argues that Taiwan’s elections have little impact on U.S. policy towards the island, but the upcoming U.S. presidential election in 2024 could be significant. Both political parties in the U.S. and Congress have prioritized defending American interests and countering China’s actions, with Taiwan playing an increasingly important role. Taiwan’s strategic position, high-tech development, democratic politics, and free market economy have influenced the international order and led to stronger U.S. support. Sutter predicts that if Lai Ching-te, the Democratic Progressive Party presidential candidate, wins the election, U.S.-Taiwan cooperation will further deepen. However, Sutter also suggests that the 2024 U.S. election, particularly if a candidate with an "America First" stance like Donald Trump prevails, could bring a shift in U.S. policy consistency towards Taiwan and pose challenges in countering China’s provocations.2023/12/12 13:54 -
Taiwan’s APEC agendas on U.S.-China talks, trade, CPTPP
The Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023 in San Francisco will be a significant event for Taiwan. The country’s main focuses during the summit include the U.S-China leaders’ talks, the possibility of meetings between U.S. President Joe Biden and TSMC Founder Morris Chang, progress on U.S-Taiwan trade negotiations, and Taiwan’s potential participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). President Biden is scheduled to meet with Chinese President Xi Jinping to discuss trade, Taiwan, the U.S.-China tech war, and PLA activities in the Taiwan Strait. Taiwan officials are also working towards arranging a meeting between Chang and Biden. While the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade has been signed, the second round of negotiations is not progressing as expected. Taiwan’s Minister Without Portfolio John Deng hopes to meet with U.S. Trade Representative Katherine Tai during the summit to confirm progress. Additionally, Taiwan will likely use the APEC summit as an opportunity to hold bilateral talks with CPTPP members to garner support for its admission to the trade pact.2023/11/12 11:45