economic trade Taiwan 結果共61筆

Explore the latest developments in cross-strait relations as Taiwanese and Chinese business leaders aim to deepen economic ties and investment. This visit marks a step toward enhancing trade and cultural exchanges.

Explore the strategic discussions between former U.S. Deputy National Security Advisor Matt Pottinger and Taiwan’s President Lai Ching-te on deepening U.S.-Taiwan economic and trade relations and defending Taiwan’s sovereignty.

Taiwan President Lai Ching-te underscores commitment to EU cooperation, highlights record trade volumes, and seeks economic partnership at Europe Day dinner in Taipei.

Discover insights from President Lai Ching-te’s exclusive interview with Time Magazine, where he discusses Taiwan’s stance on cross-strait relations, its international position, and the importance of global support for Taiwan’s democracy and freedom.

Discover the latest on China’s suspension of preferential tariff rates for 134 Taiwanese products starting June 15, escalating cross-strait tensions. Learn about the economic and political implications of this significant shift.

Discover the details of Taiwanese President Lai Ching-te’s upcoming meeting with a U.S. delegation led by Michael McCaul to discuss peace, stability in the Indo-Pacific, and Taiwan-U.S. economic ties.

Discover how Washington state’s renewal of its driver’s license reciprocity agreement with Taiwan strengthens bilateral ties and benefits over 5,000 Taiwanese residents. Learn about the decade-long partnership and its impact on economic relations.

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.

Explore the impact of geopolitical risks, trade frictions, and inflationary rate hikes on Taiwan’s machine tool exports in April, as reported by the TMBA, with a significant decline in export value compared to the previous year and the preceding month, highlighting the global economic challenges faced by the industry.

President Tsai Ing-wen commits to supporting Taiwan’s industry development, highlighting the country’s export success and plans for post-pandemic recovery. Tsai vows to deepen global economic ties, recognizing the National Importers & Exporters Chamber of Commerce’s role in driving economic growth amidst challenges. Taiwan aims to enhance international competitiveness through agreements with the U.S., U.K., Canada, and others, promoting a prosperous future for Taiwanese industries.

Taiwan is actively pursuing membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to enhance supply chain resilience and global economic security, with efforts including hosting seminars in Canada and gaining support from Canadian officials amidst potential opposition from Beijing.

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.

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.

Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.

Lutz Güllner, head of the EEAS Strategic Communication Division, appointed as European representative in Taiwan and head of the European Economic and Trade Office in Taiwan, signifying EU’s commitment to strengthening ties with Taiwan in trade and strategic communication.

Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.

The inaugural Taiwan-France High-Level Economic and Trade Dialogue, led by Taiwan’s Minister of Economic Affairs, Wang Mei-hua, discussed cooperation in semiconductors, AI, and electric vehicles. French officials agreed to integrate industrial and economic cooperation meetings, with a focus on supply chain opportunities in renewable energy and the space industry. Bilateral trade between Taiwan and France reached a record high of $60.9 billion last year, with significant investments from both sides.

Learn about Taiwan’s bid to join the CPTPP and its potential impact on global trade and economic security. Taiwan’s efforts to strengthen supply chain cooperation with Canada and seek inclusion in the trade agreement are highlighted.

Taiwan’s currency faces depreciation as the Federal Reserve’s interest rate hikes continue. Experts weigh in on potential impacts on exports and inflation, with anticipation for future Fed decisions. Stay updated on Taiwan’s economic landscape.

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.

Following the United Kingdom’s departure from the European Union (EU), Taiwan’s representative to the UK, Vincent Yao, stated that Brexit has allowed the UK to establish closer economic ties with Taiwan, potentially helping Taiwan resist China’s attempts to isolate it. Taiwan is also increasingly investing in the UK, with the goal of becoming the UK’s primary trading partner in Europe. Additionally, strengthening UK-Taiwan trade relations could benefit the UK by providing access to Taiwan’s key industries, such as semiconductors. The bilateral relationship between Taiwan and the UK is reflected in the increase of UK government officials posted to Taiwan and the expansion of the UK office in Taipei. Collaboration between the two countries extends to areas such as artificial intelligence, offshore wind power, and electric vehicle batteries. However, there is still room for further development in bilateral cooperation.

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.